Kate enjoys horseback riding and has been wanting a new show saddle for her
horse. she has been saving her baby-sitting money for a year and finally has the
$680. prior to making the purchase, kate's dad congratulates her on meeting her
savings goal. he also reminds her to really consider the opportunity cost of her
decision. kate is confused about what her dad means by this. how would you
explain opportunity cost to kate?

How long have u been on dis website

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)

Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.