Suppose a Firm Has the Following Expenditures Per Day: $240

question 134

Multiple Choice

Suppose a firm has the following expenditures per day: $240 for wages,$150 for materials,and $80 for equipment rental.The owner of the firm owns the building in which it operates.If the firm were not operating in the building,he could rent the building for $70 per day.Total daily revenue is $600.
-What are the daily accounting costs for the firm described above?

• A) $320
• B) $390
• C) $470
• D) $540

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