State the opportunity cost, Managerial Accounting

State the Opportunity cost

The net selling price, rental value or transfer value which could be obtained at a point in time if a particular asset or group of the assets were to be sold, hired, or put to some alternative use available to the owner at the time is the opportunity cost.

 

Posted Date: 7/9/2013 2:34:23 AM | Location : United States







Related Discussions:- State the opportunity cost, Assignment Help, Ask Question on State the opportunity cost, Get Answer, Expert's Help, State the opportunity cost Discussions

Write discussion on State the opportunity cost
Your posts are moderated
Related Questions
Granger products had the following transactions for the just completed month. The company had no beginning inventories. a)$75,000 in raw materials were purchased for cash. b) $7

Define performance budgeting according U.S. bureau of budget U.S. bureau of budget defines performance budget as one which presents purposes and objectives for which funds are

Ageing Schedule: AS is classifies outstanding accounts receivable at a specified point of time into various age brackets. A clarifying ageing schedule is specified below.

Assumptions Underlying the CVP Analysis CVP analysis as discussed above is based on certain assumptions . if these assumptions are not recognized then serious error may result

Excercise 2-5 Granger products had the following transactions for the just completed month. The company had no beginning inventories. a)$75,000 in raw materials were purchased

Determine the cost according to normality According to normality: under this category cost may be categorized as follows: Normal cost: it is the cost which is normally i

Characteristics of irrelevant costs

Disadvantages of incremental budgeting a) Incremental budgeting suppose activities and method of working will continue in the same way b) No incentive for developing their d

Explain Direct labor cost standard The setting up of standard labor cost for each product would require: a) The determination of budgeted fixed overhead for a period b) B

Project C would involve a current outlay of $50,000 on equipment and $15,000 on working capital. The investment in working capital would be increased to $21,000 at the end of the f