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can you please put the question number next to the answer Name Please provide the best response. 100 Total Points 1. An opportunity cost: A

can you please put the question number next to the answer
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Name Please provide the best response. 100 Total Points 1. An opportunity cost: A Is an unavoidable cost because it remains the same regardless of the alternative chosen. B. Requires a current outlay of cash. C. Results from past managerial decisions. D) is the potential benefit lost by choosing a specific alternative course of action among two or more. E. Is irrelevant in decision making because it occurred in the past. 2. The potential benefits lost by taking a specific action when two or more alternative choices are available is known as a(n): A. Alternative cost. B. Sunk cost. C. Out-of-pocket cost. D. Differential cost. E. Opportunity cost. 3. A cost that requires a future outlay of cash, and is relevant for current and future decision making, is a(n): A. Out-of-pocket cost. B. Sunk cost. C. Opportunity cost D. Operating cost. E. Uncontrollable cost. Should - Management per CATV WRA ty unty are for $4.00 per unit. A the rebuilt units for $8.00 each. What 10. A company has the chance 1000 defective Sport ce of A them. The company could sell the defective writ y materials. 5200 per them with incremento labor, and $1.50 per unit for c warhead, and then head and then there should the company do? A sell the units assor B. Rebuild the units C. It does not matter because both alternatives have the same result e sonor roub a ss. Instead, the should store the units permanently E Throw the units away. 11. Latimer Company had the following row of orations for the past year: $180,000 Sales (15,000 units at $12) Variable manufacturing $97,500 costs Fixed manufacturing 21,000 costs Selling and administrative expenses (alle 36,000 (154.500) fixed) Operating income $25,500 A foreign company whose sales will not affect Lattimer's market offers to buy 5,000 units at $7.50 per unit. In addition to existing costs, selling these units would add a $0.25 selling cost for export fees. If Lattimer accepts this additional business, the special order will yield ac A $2,000 loss. B. $8.250 loss. C. $3,750 profit D. $3,250 loss. E $5,000 profit O cts that can either the 6. Listmann Corp. processes four different products that can Aurther Listed below are sales and additional cost data Product Premier Deluxe Super Basic Sales Value with no Additional Further Processing Processing Costs $1,350 $900 450 225 900 450 90 45 Sales Value after further processing $2,700 630 1,800 180 Which product(s) should not be processed further? A Premier B. Deluxe C. Super. D. Basic E Premier and Basic 7. Minor Electric has received a special one-time order for 1,500 light fixtures (units) at $5 per unit. Minor currently produces and sells 7,500 units at $6.00 each. This level represents 75% of its capacity. Production costs for these units are $4.50 per unit, which includes $3.00 variable cost and $1.50 fixed cost. To produce the special order, a new machine needs to be purchased at a cost of $1,000 with a zero salvage value. Management expects no other changes in costs as a result of the additional production. If Minor wishes to earn $1.250 on the special order, the size of the order would need to be: A. 4,500 units. B. 2.250 units C. 1,125 units. D. 625 units. E. 300 units. nor Electric ved a wie Minor currently of its capacity Productio variable cost and $1. purchased at a cost of $1. changes in special order? a and $150 ved a n order for 1.500 light fixtures (unit) at SSD c es and a $.00 each. This level represents 75% conte n t are $4.50 par unit which includes $3.00 do Tome the order, a new machine needs to be 1.000 de le Management expects no other out of the additional production. Should the company accept the dost. To produce c inco No, because de production wou No, because incremental costs and s, because incremental revenue exceeds action would exceed capacity perceed incremental revenue. never beeds incremental costs. D. Yes, because incren od incremental revenues se incremental cost C. No, because the incremental revenue is too low . Frederick Co. is thinking and having one of its products inking about having one of its products manufactured by a subcontractor Currently the one wody, the cost of manufacturing 5,000 units follows: Direct material Direct labor Variable factory overhead Factory overhead $62,000 47,000 38,000 52,000 If Frederick can buy 5,000 units from a subcontractor for $130,000, it should: A Make the product because current factory overhead is less than $130,000. B. Make the product because the cost of direct material plus direct labor of manufacturing is less than $130,000. C. Make the product because factory overhead is a sunk cost. D. Buy the product because total fixed and variable manufacturing costs are greater than $130,000 E. Buy the product because the total incremental costs of manufacturing are greater than $130,000 12 What decisione should be expenses should be considered for A Segmen penting a net that are more reman navoidable expenses should be considered har B. Segments with revenues elimination C. Segments with revenu for elimination D. Segments with revenue elimination elimineren sunt cible expenses should be considered for that are avoidable expenses should be considered that are less Segments es that are less than for elimination u reenshoes in today's doilars is known as: Process of resta A 13. The process of restating our A Budgeting B Annualization C. Discounting D. Payback period E. Capitalizing 1. A company's required rate of return, typically its cost of capital is called the: A Internal rate of retum. B. Average rate of retum C. Hurdle rate D. Maximum rate E. Payback rate. 15. A limitation of the intemal rate of retum method is that it: A. Does not consider the time value of money. B. Measures results in years. C. Lacks ability to compare dissimilar projects. D. Ignores varying risks over the life of a project E. Measures net income rather than cash flows. 16. The time value of money concept A Means that a dollar today is worth less than a dollar tomorrow. B. Means that a dollar tomorrow is worth more than a dollar today. C. Means that a dollar today is worth more than a dollar tomorrow. D. Means that time is money." E. Does not involve the concept of compound interest. 7. A minimum acceptable rate of return town in A Internal rate of return Average rate of return C. Hurdle rate of return p. Maximum rate of return E Payback rate of return 18. Which methods of evaluating a capital money? and indoor them A Net present value and accounting rate of return. B. Accounting rate of return and internal rate of retum C. Internal rate of return and payback period. D. Payback period and accounting rate of return E. Net present value and payback period. 9 rate of return sment when net cash flow 19. The calculation of the payback period i (equal) is: A (Cost of investment)/(Annual net cash flow) B. (Cost of investment)(Total net cash flow) C. (Annual net cash flow)(Cost of investment) D. (Total net cash flow (Cost of investment) E. (Total net cash flow)/(Annual net cash flow) 20. A company is considering the purchase of a new plece of equipment for $90,000 Predicted annual cash inflows from this investment are $36.000 (year 1). $30,000 (year 2). $18,000 (year 3). $12,000 (year 4) and $6,000 (year 5). The payback period is: A 4.50 years. B. 4.25 years. C. 3.50 years. D. 3.00 years E. 2.50 years

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