$2.99
a baseball glove in 1932 cost just about 37 CENT
Cost concept for Decision making ?
Easy! The bat cost $25 and the baseball cost $6.
Role of cost accounting in managerial decision making?"
Relevant cost is that cost which is required for the specific decision making process or the cost which will be change due to specific decision while irrelevant cost has no concern with decision making or any specific decision.
(1389.51-102.31)/41286.69/4321.6727≈321.67Answer: $321.67
that's easy each ball costs $9.3
Sunk cost is that cost which is incurred in past so in decision making process any cost which is incurred in past has no effect on future events and due to which all fixed cost which are also incurred in past has no effect in future that's why it is not relevent for decision making process, so for decsion making point of view yes fixed cost is sunk cost.
If a baseball and a bat cost $1.10 together, and the bat costs $1.00 more than the baseball, then the baseball must cost $0.05. This means the bat costs $1.05, as $0.05 + $1.00 equals $1.05. Together, they total $1.10.
There is no cost. You may be asked to pay for advice on how to make it properly.
Inventory cost is the cost for making of saleable goods to customers and include following items Material cost labor cost overhead cost
nit cost is the average cost of making a product and cost per unit is the marginal cost