112.50 1 hour $225.00 2hours Software cost $31.49/mo. or 239.99/full 19.99/mo. Average cost 25.74 $2,399.00

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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! plz find the opportunity cost
Editors Hourly wage
Cost
Time
low range (Inexperience)
75.00
High Range (Professional)
150.00
Average
112.50 1 hour
Annual salary
$82,230.75
$225.00 2hours
Editors spendings
Software cost
$31.49/mo.
239.99/full 19.99/mo.
4511.171
or
Macbooks
Average cost
25.74
Macbooks (M1)
$2,399.00
Macbook (Intel)
$1,899.00
Money Saved per year
$2,707.88
Total for (m1)
$2,207.88
Total for (Intel)
$164,250.00
Revenue
$2,707.88
Out of pocket cost (m1)
$2,207.88
out of pocket cost (Intel)
Economic Profit(m1)
Opertuniity Cost
Transcribed Image Text:Editors Hourly wage Cost Time low range (Inexperience) 75.00 High Range (Professional) 150.00 Average 112.50 1 hour Annual salary $82,230.75 $225.00 2hours Editors spendings Software cost $31.49/mo. 239.99/full 19.99/mo. 4511.171 or Macbooks Average cost 25.74 Macbooks (M1) $2,399.00 Macbook (Intel) $1,899.00 Money Saved per year $2,707.88 Total for (m1) $2,207.88 Total for (Intel) $164,250.00 Revenue $2,707.88 Out of pocket cost (m1) $2,207.88 out of pocket cost (Intel) Economic Profit(m1) Opertuniity Cost
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