Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please provide solutions Glues 32 85 105 36-50. The LMV Company has been just awarded an engine development contract. The contract terms require that at

Please provide solutions

image text in transcribed
Glues 32 85 105 36-50. The LMV Company has been just awarded an engine development contract. The contract terms require that at least ve other smaller companies be awarded subcontracts for a portion of the total work. So. LMV bids for small companies A, B, C, D and E to do the subcontract work in ve areas: RAW. X. Y and Z. The bids are as follows: Subcontracts Bids (in thousands of P) V W X Y Z Companyh 145 160 115 145 13 Li B 150 155 140 145 14 5 C 160 170 130 120 14 D D 130 120 160 155 12 : E 150 125 165 185 13 Determine the amount to be subtracted to each value in each row to determine the opportunity cost of the given row. 311A a. P130 b. P145 c. P160 (1. P175 3?. B a. P140 b. P145 o. P150 d. P155 38. C 3. P120 5. P140 0. P150 {1. P130 35. D a. P120 b. P125 1:. P130121. P1553. P150 40. E a. P125 5. P135 o. P160 {1. P1656. P155 Identify the amount to be subtracted to get the opportunity cost of each column. 41.1.! a. P1!) b. P15 c. P35 d. P40 42. X a. P0 b. P15 c. P30 d. P50

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Ethical Obligations and Decision Making in Accounting Text and Cases

Authors: Steven M. Mintz, Roselyn E. Morris

5th edition

1259969460, 73403997, 1260480852, 978-1259969461

More Books

Students also viewed these Accounting questions

Question

5. It is the needs of the individual that are important.

Answered: 1 week ago

Question

3. It is the commitment you show that is the deciding factor.

Answered: 1 week ago