What is the nature of an opportunity

Assignment Help Accounting Basics
Reference no: EM13451569

What is the nature of an opportunity cost?

It is always variable.

It is a potential benefit.

It is included as part of cost of goods sold.

It is a sunk cost.

Reference no: EM13451569

Questions Cloud

On this date the company concludes that the equipment has a : on january 1 2012 the eugene company ledger shows equipment 36000 and accumulated depreciation 13600. the depreciation
Explain the interventions that may need to take place in : wide horizons travel agency inc. has recently acquired vista travel llc as part of a multimillion dollar expansion
Describe how the circular flow diagram relates to current : explain how the circular flow diagram relates to the current economic situation. using the circular flow diagram
Examine how law of demand applies to recent purchase which : analyze how the law of demand applies to a recent purchase that you made. describe how the product has changed in price
What is the nature of an opportunity : what is the nature of an opportunity cost?it is always variable.it is a potential benefit.it is included as part of
Which one of the following is a true statement about : which one of the following is a true statement about incremental analysis?it is another name for capital budgeting.it
Which of the following is a main accounting contribution to : which of the following is a major accounting contribution to the managerial decision-making process in evaluating
For each performance measure identify one specific process : what is values-based service? how can a company create value for customers and other stakeholders?values-based service
A company issues a ten-year bond at par with a coupon rate : a company issues a ten-year bond at par with a coupon rate of 6 paid semi-annually. the ytm at the beginning of the

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate earnings per share for the year ended

At December 31, 2012 and 2013, Funk & Noble Corporation had outstanding 1,000 million shares of common stock and 13 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock..

  What is the net income-dividends

What is net income assuming $50,000 of stock was issued, and $25,000 of dividends were paid?

  Medco is a large manufacturing company currently using a

medco is a large manufacturing company currently using a large printing press in its operations and is considering two

  Viewpoint of a management accountant

From the viewpoint of a management accountant, how would this cost be classified and how would it figure into a company's financial statements?

  Influences on materiality judgement

Which of the following would an auditor most likely use in determining the auditor's preliminary judgment about materiality?

  Rental income and income tax return

Billy Dent, as the owner of an apartment building, receives and makes the following payments during 2010: How much rental income must Billy Dent include on his 2010 income tax return?

  Explain the purpose of each financial statement estimate

describe the purpose of each financial statement. determine which one 1 is the most effective in communicating the

  Determine the total conversion cost

In the manufacture of 10,000 units of a product, direct materials cost incurred was $135,700, direct labor cost incurred was $82,000, and applied factory overhead was $37,500. What is the total conversion cost?

  Depreciation expense for the second year

Starr Company purchased a depreciable asset for $150,000. The estimated salvage value is $10,000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the..

  Question regarding the zonker company

On July 6 Zonker Company acquired the plant assets of Doonesbury Company, which had discontinued operations. The appraised value of the property is:

  Consequences of improper use of standard costs

There are several potential problems that can occur from the improper use of standard costs. Labor quantity standards and efficiency variances assume that production is labor-paced.

  Separating overhead cost from selling and admin costs

Determine the total direct manufacturing cost. Briefly explain the difference between manufacturing overhead costs and selling and administrative costs. Calculate both the total manufacturing overhead cost and the total selling and administrative cos..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd