Figure 22-6 -From the Graph in Figure 22-6, the Opportunity Cost of the Opportunity

question 94

Multiple Choice

Figure 22-6

-From the graph in Figure 22-6, the opportunity cost of a unit of bananas is

• A)4 units of corn for England; 1/2 unit of corn for Honduras.
• B)1/4 unit of corn for England; 2 units of bananas in England.
• C)8 units of corn in England; 3 units of corn in Honduras.
• D)4 units of corn in England; 12 units of corn in Honduras.

Recognize the documentation and flow of costs in a job order costing system.

Calculate predetermined overhead rates and understand their application.

Understand the flow of materials costs and labor costs in production.

Understand the concept and importance of conflict resolution in organizational and personal settings.