Newcastle coal co. owns a warehouse that it is not currently using. it could sell the warehouse for $300,000 or use the warehouse in a new project. should newcastle coal co. include the value of the warehouse as part of the initial investment in the new project?

(a) yes, because the firm could sell the warehouse if it didn’t use it for the new project.
(b) no, because the cost of the warehouse is a sunk cost.
(c) no, because the company will still be able to sell the warehouse once the project is complete.

The questions of economics address which of the following ? check all that apply

Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a. change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c. stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?