Label each scenario by deciding whether the opportunity cost has increased or decreased. emily is deciding between her two favorite restaurants. one makes indian food and the other makes chinese food. the indian restaurant has just raised its prices. the opportunity cost of chinese food has jacob has a bagel or a muffin for breakfast. muffins are on sale, so they cost $1 less than usual. the opportunity cost of eating a bagel has taylor has to take time off work to study. since her wage has increased from $10 /hour to $15 /hour, the opportunity cost of studying has justin decides to take the bus to school instead of driving to school. the price of gasoline has just decreased. the opportunity cost of taking the bus has

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying

Dozier company produced and sold 1,000 units during its first month of operations. it reported the following costs and expenses for the month: direct materials $ 69,000 direct labor $ 35,000 variable manufacturing overhead $ 15,000 fixed manufacturing overhead 28,000 total manufacturing overhead $ 43,000 variable selling expense $ 12,000 fixed selling expense 18,000 total selling expense $ 30,000 variable administrative expense $ 4,000 fixed administrative expense 25,000 total administrative expense $ 29,000 required: 1. with respect to cost classifications for preparing financial statements: a. what is the total product cost