Opportunity cost is best defined as: a. the monetary price of any productive resource. b. the amount of labor that must be used to produce one unit of any product. c. the ratio of the prices of imported goods to the prices of exported goods. d. the amount of one product that must be given up to produce one more unit of another product.

Make or buy eastside company incurs a total cost of $120,000 in producing 10,000 units of a component needed in the assembly of its major product. the component can be purchased from an outside supplier for $11 per unit. a related cost study indicates that the total cost of the component includes fixed costs equal to 50% of the variable costs involved. a. should eastside buy the component if it cannot otherwise use the released capacity? present your answer in the form of differential analysis. use negative sign represent a net disadvantage answer; otherwise do not use negative signs with your answers. cost from outside supplier $answer variable costs avoided by purchasing answer net advantage (disadvantage) to purchase alternative $answer b. what would be your answer to requirement (a) if the released capacity could be used in a project that would generate $50,000 of contribution margin? use negative sign represent a net disadvantage answer; otherwise do not use negative signs with your answers.

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In the current period, forward co. started with the production of 21,000 units and completed 8,400 units, leaving 13,200 units in process that are 42% complete. if forward co. incurred production costs of $34,980, what was forward's cost per equivalent unit for the period? (note: round your answer to two decimal places.)