Book Priet erences M7-3 (Static) Identifying Relevant and Irrelevant Costs [LO 7-2] Isabella Canton is considering taking a part-time job at a local clothing store. She loves the store and shops there often, but unfortunately, employee discounts are given only to full-time employees. If Isabella takes this job, she would have to withdraw from her Tuesday night basket-weaving class to work. Accepting the job also would mean that Isabella must give up her volunteer work at the local animal sanctuary, an activity she enjoys a great deal. The new job would pay approximately $125 per week but would cost Isabella $15 per week in gas. Isabella would be able to keep her Saturday afternoon job at the library that pays $40 per week. Required: A list of factors Isabella has identified follows. For each one, indicate whether it is relevant or irrelevant to Isabella's decision. 1. The $125 income from the new job 2. The $40 income from the library. 3. The $50 nonrefundable registration fee Isabella paid for the basket-weaving class 4. The $15 cost for gas. 5. The $75 per month Isabella spends for clothing 6. The time Isabella spends volunteering at the animal sanctuary
Book Priet erences M7-3 (Static) Identifying Relevant and Irrelevant Costs [LO 7-2] Isabella Canton is considering taking a part-time job at a local clothing store. She loves the store and shops there often, but unfortunately, employee discounts are given only to full-time employees. If Isabella takes this job, she would have to withdraw from her Tuesday night basket-weaving class to work. Accepting the job also would mean that Isabella must give up her volunteer work at the local animal sanctuary, an activity she enjoys a great deal. The new job would pay approximately $125 per week but would cost Isabella $15 per week in gas. Isabella would be able to keep her Saturday afternoon job at the library that pays $40 per week. Required: A list of factors Isabella has identified follows. For each one, indicate whether it is relevant or irrelevant to Isabella's decision. 1. The $125 income from the new job 2. The $40 income from the library. 3. The $50 nonrefundable registration fee Isabella paid for the basket-weaving class 4. The $15 cost for gas. 5. The $75 per month Isabella spends for clothing 6. The time Isabella spends volunteering at the animal sanctuary
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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M7-3 (Static) Identifying Relevant and Irrelevant Costs [LO 7-2]
Isabella Canton is considering taking a part-time job at a local clothing store. She loves the store and shops there often, but
unfortunately, employee discounts are given only to full-time employees. If Isabella takes this job, she would have to withdraw from her
Tuesday night basket-weaving class to work. Accepting the job also would mean that Isabella must give up her volunteer work at the
local animal sanctuary, an activity she enjoys a great deal. The new job would pay approximately $125 per week but would cost
Isabella $15 per week in gas. Isabella would be able to keep her Saturday afternoon job at the library that pays $40 per week.
Required:
A list of factors Isabella has identified follows. For each one, indicate whether it is relevant or irrelevant to Isabella's decision.
1. The $125 income from the new job
2. The $40 income from the library.
3. The $50 nonrefundable registration fee Isabella paid for the basket-weaving class.
4. The $15 cost for gas
5. The $75 per month Isabella spends for clothing
6. The time Isabella spends volunteering at the animal sanctuary.
Help Sa
VA](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb24ad9cc-afa0-41d6-9fde-df91d5bf7ce6%2Fc799e67d-d524-4f96-82cc-4767131e9c30%2F6yhfd09_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Google Docs
HW 7
2
Book
Priet
References
YouTube
Saved
M7-3 (Static) Identifying Relevant and Irrelevant Costs [LO 7-2]
Isabella Canton is considering taking a part-time job at a local clothing store. She loves the store and shops there often, but
unfortunately, employee discounts are given only to full-time employees. If Isabella takes this job, she would have to withdraw from her
Tuesday night basket-weaving class to work. Accepting the job also would mean that Isabella must give up her volunteer work at the
local animal sanctuary, an activity she enjoys a great deal. The new job would pay approximately $125 per week but would cost
Isabella $15 per week in gas. Isabella would be able to keep her Saturday afternoon job at the library that pays $40 per week.
Required:
A list of factors Isabella has identified follows. For each one, indicate whether it is relevant or irrelevant to Isabella's decision.
1. The $125 income from the new job
2. The $40 income from the library.
3. The $50 nonrefundable registration fee Isabella paid for the basket-weaving class.
4. The $15 cost for gas
5. The $75 per month Isabella spends for clothing
6. The time Isabella spends volunteering at the animal sanctuary.
Help Sa
VA
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