Which of the following is an example of a sunk​ cost? A. The amount a company pays for labor to produce its product. B. The opportunity cost of a company​ owner's time. C. The amount for which a company could rent equipment it owns to another company. D. The amount a company originally paid for specialized equipment for a plant.

What term is used to describe the outsourcing of logistics? a. shipper managed inventoryb. hollow logistics(smi)c. sub-logisticsd. e-logisticse. third-party logistics (3pl)

Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.

Sole proprietorships produce more goods and services than does any other form of business organization.