Which of the following is an opportunity cost of replacing the old computer terminals with new flat-panel displays? O Wages of the registration desk personnel O Cost of electricity to run the terminals O Benefits from a new freezer O Rent on the space occupied by the registration desk

Which of the following is an opportunity cost of replacing the old computer terminals with new flat-panel displays? O Wages of the registration desk personnel O Cost of electricity to run the terminals O Benefits from a new freezer O Rent on the space occupied by the registration desk

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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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

Which of the following is an opportunity cost of replacing the old computer
terminals with new flat-panel displays?
O Wages of the registration desk personnel
O Cost of electricity to run the terminals
O Benefits from a new freezer
O Rent on the space occupied by the registration desk

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