Explain the meaning of relevant costs

Assignment Help Business Management
Reference no: EM133051474

URGENT! Can someone give me an answer to the below question (now)?

Case: A delivery truck in 85 Degree Bakery & Café, costing $100,500 and uninsured, is wrecked on its first day in use. It can be either (a)  disposed of for $18,000 cash and replaced with a similar truck costing $103,000 or (b) rebuilt for $88,500 and thus be brand new as far as operating characteristics and looks are concerned. 

Q1. Explain the meaning of "relevant costs" and identify those items that would be classified as "relevant" of each alternative.

Q2. Which action is less costly? Show your calculations. 

Reference no: EM133051474

Questions Cloud

What kinds of actions he can initiate : Xavier now wants to initiate legal action against these 7 company directors. Advise him on what kinds of actions he can initiate and describe these actions
Advaced operating system : Discuss and compare different file systems, in terms of Memory usage, process requirements, computational cost, system overhead, efficiency and reliability?
Compare software testing methods : Compare and contrast software testing methods. How would these testing methods apply to an autonomous [self-driving] vehicle?
Prepare the lease payments schedule for the lessee : Annual lease payment (payable in advance on 30 June each year) $41,500. Prepare the lease payments schedule for the lessee
Explain the meaning of relevant costs : Case: A delivery truck in 85 Degree Bakery & Café, costing $100,500 and uninsured, is wrecked on its first day in use. It can be either (a) disposed of for $18
What protocols comprise tls : What protocols comprise TLS? List and briefly define the SSH protocols. What is the purpose of HTTPS?
What is the vat payable : Input VAT related to gift shop and rental activities - P126,000; Input VAT related to not-for-profit activities - P 436,000; What is the VAT payable
Different challenges or barriers to innovation : Question: Discuss at least three (3) different challenges or barriers to innovation that a leader faces within teams and organisations
Prevention and response strategies : Present employee training recommendations for creating awareness of the organization's security measurements.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd