Which of these four options is the correct answer? Thank you. The opportunity cost of making a component part in a factory with excess capacity for which there is no alternative use is:Multiple ChoiceThe variable manufacturing cost of the component.The total manufacturing cost of the component.The fixed manufacturing cost of the component.There would not be an opportunity cost in this instance.

Opportunity cost is the foregone benefit to produce the component part in the factory. If anything…

The opportunity cost of making a component part in a factory with excess capacity for which there is no alternative use is: Multiple Choice о The variable manufacturing cost of the component. The total manufacturing cost of the component. The fixed manufacturing cost of the component. There would not be an opportunity cost in this instance.

The opportunity cost of making a component part in a factory with excess capacity for which there is no alternative use is: Multiple Choice о The variable manufacturing cost of the component. The total manufacturing cost of the component. The fixed manufacturing cost of the component. There would not be an opportunity cost in this instance.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Part 1 is incorrect. Could you try the problem again?
Hello, Can you explain why would it not be option A
Describe four (4) policy instruments and provide an example of each instrument in your response..
Question 3. Define what is Riba & describe two types of Riba with example for each.
kindly specify which option is correct.
Is "true and fair view" the same as truth? Give reason for your answer.
4. What is Multicollinearity? a. What are the consequences of multicollinearity?
In what situation should you MAKE?
In your opinion what are the three most important areas to use when benchmarking?
Your solution is wrong see the answers at bottom of the question
can you explain why the answer for the third part is option number 2 from the selection of answers
Could you please answer question 4 and 5?