Bobby is a skilled mechanic who is also good at mowing lawns. he can mow his lawn faster and cheaper than the local lawn care service, weeds. bobby can earn fifty dollars an hour working as a mechanic. weeds charges fifteen dollars an hour to mow lawns. it only takes bobby one hour to mow his lawn, while it would take weeds two. should bobby mow his lawn or hire weeds to do it? a. it is bobby's comparative advantage to work as a mechanic because of the opportunity cost, so he should hire weeds to mow his lawn. b. it is bobby's absolute advantage to mow his own lawn because he can mow it faster than weeds, so he should mow his own lawn. c. since weeds has the absolute advantage in lawn care, bobby should hire them to mow his lawn. d. since weeds has the comparative advantage in lawn care, bobby should mow his own lawn.

Jurvin enterprises is a manufacturing company that had no beginning inventories. a subset of the transactions that it recorded during a recent month is shown below. $76,700 in raw materials were purchased for cash. $71,400 in raw materials were used in production. of this amount, $66,300 was for direct materials and the remainder was for indirect materials. total labor wages of $151,700 were incurred and paid. of this amount, $134,300 was for direct labor and the remainder was for indirect labor. additional manufacturing overhead costs of $126,300 were incurred and paid. manufacturing overhead of $126,800 was applied to production using the company's predetermined overhead rate. all of the jobs in process at the end of the month were completed. all of the completed jobs were shipped to customers. any underapplied or overapplied overhead for the period was closed to cost of goods sold.required: 1. post the above transactions to t-accounts.2. determine the cost of goods sold for the period.

Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.