Use the question facts to complete the following statements. the opportunity cost of catching a pound of bass is for abe than for david, and the opportunity cost of picking a pound of cherries is for abe than for david. a. lower; lower b. lower; higher c. higher; lower d. higher; higher so has a comparative advantage in producing a. abe; bass b. abe; cherries c. david; bass d. david; both bass and cherries

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.

In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse

Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is: