subject
Business, 15.07.2020 02:01 ashtyndowdle

Bubba is a shrimp farmer. In an ironic twist, Bubba is allergic to shellfish, so he cannot eat shrimp. Each day he has a one-ton supply of shrimp. The market price of shrimp is $ 10 comma 900$10,900 per ton. a. What is the value of a ton of shrimp to him? b. Would this value change if he were not allergic to shrimp? Why or why not? a. What is the value of a ton of shrimp to him? (Select the best choice below.) A. The value of a tonne of shrimp to Bubba is more than $ 10 comma 900$10,900 because he can wait for the market price to go up. B. The value of a tonne of shrimp to Bubba is $ 10 comma 900$10,900 because that is the market price. C. The value of a tonne of shrimp to Bubba is less than $ 10 comma 900$10,900 because Bubba is allergic to shellfish. D. The value of a tonne of shrimp to Bubba is less than $ 10 comma 900$10,900 because shrimp is a perishable item.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 18:10
During the year, the delph company had no beginning or ending inventories and it started, completed, and sold only two jobs—job d-75 and job c-100. it provided the following information related to those two jobs: job d-75: molding fabrication total direct materials cost $ 375,000 $ 325,000 $ 700,000 direct labor cost $ 200,000 $ 160,000 $ 360,000 machine-hours 15,000 5,000 20,000 job c-100: molding fabrication total direct materials cost $ 300,000 $ 250,000 $ 550,000 direct labor cost $ 175,000 $ 225,000 $ 400,000 machine-hours 5,000 25,000 30,000delph had no overapplied or underapplied manufacturing overhead during the year. assume delph uses a plantwide overhead rate based on machine-hours.1-a. compute the predetermined plantwide overhead rate.1-b. compute the total manufacturing costs assigned to job d-70 and job c-200.1-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 1-d. what is delph's cost of goods sold for the year? assume delph uses departmental overhead rates based on machine-hours.2-a. compute the predetermined departmental overhead rates.2-b. compute the total manufacturing costs assigned to job d-70 and job c-200.2-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 2-d. what is delph's cost of goods sold for the year?
Answers: 3
question
Business, 22.06.2019 20:30
When patey pontoons issued 4% bonds on january 1, 2018, with a face amount of $660,000, the market yield for bonds of similar risk and maturity was 5%. the bonds mature december 31, 2021 (4 years). interest is paid semiannually on june 30 and december 31?
Answers: 1
question
Business, 23.06.2019 13:30
What is baruch shemtov's product, and how did he begin creating it? (site 1)
Answers: 3
question
Business, 23.06.2019 23:30
Lesson 6 problem-solving practice sales tax, tips, and markup 1. skateboards inez wants to buy a skateboard but she does not know if she has enough money. the price of the skateboard is $80 and the sales tax is 7%. what will be the total cost of the skateboard
Answers: 1
You know the right answer?
Bubba is a shrimp farmer. In an ironic twist, Bubba is allergic to shellfish, so he cannot eat shrim...
Questions
question
Mathematics, 09.12.2021 14:00
question
Mathematics, 09.12.2021 14:00
question
Mathematics, 09.12.2021 14:00
question
Mathematics, 09.12.2021 14:00
Questions on the website: 13722363