Reference no: EM131774768

A student has a choice of 2 different full-time summer jobs for 12 weeks:

Job 1 is an office job - wages are $600 per week cost of office job:

• Gas: $40 per week
• Parking: $20 per week
• Lunch: $35 per week
• Clothes: $350 one time cost
• Laptop Computer: $600 one time cost

Job 2 is a lifeguard job at Jones Beach - wages are $220 per week.

costs of lifeguard job:

• Gas: $20 per week
• Lunch: $20 per week

1- Comment and answer:

a- The quantitative (net cost analysis) answers to your decision above

b- Name the qualitative factors that might influence you to choose the less paying job.

2- Identify, define and discuss the following with specific reference to above options:

a- Avoidable costs

b- Constraints

c- Differential costs

d- Relevant costs

e- Sunk costs