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2 years ago

You receive a part time job in which you are paid $10 per hour on weekdays and you receive $12 per hour

Business

1 answer:

pantera1 [17]2 years ago

4 0

Answer:

192.1

Explanation:

From monday and friday you earned 130$ because 6(10)+7(10)=130

Saturday you earned 96$ (12x8)

so adding those values you have 226$

you have to subtract 15% for tax.

So the equation would be

$226 \times .15 = 33.9 \\ 226 - 33.9 = 192.1$

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A company is considering replacing an old piece of machinery, which cost $105,000 and has $55,000 of accumulated depreciation to

asambeis [7]

Answer:

Replacing the old machine would produce a net saving of $1,300

The sunk cost in this situation is the purchase cost (i.e $105,000) of the old machine.

Explanation:

Differential Analysis

Purchase cost of the new machine (83,000)

Savings from annual variable cost(8500×8) 68,000

Variable cost of running the new machine (5,000×8) (40,000)

Scrap value of the old machine 56,300

Differential savings 1,300

Replacing the old machine would produce a net saving of $1,300

The sunk cost in this situation is the purchase cost (i.e $105,000) of the old machine. It is a past cost incurred as a result old decision.

7 0

3 years ago

The income tax saved by using lifo instead of fifo is equal to the ________ times the income tax rate.

marshall27 [118]

C. cost of the ending inventory

3 0

4 years ago

Karla starts her speech by saying, “Many of you know that I work closely with the AIDS Alliance agency in our city. You may also

Drupady [299]

Answer:

The correct answer is "startling statement"

Explanation:

A startling statement is an exponential declaration, that nobody expected and leaves everyone who hears, surprised.

7 0

3 years ago

The entity’s manufacturing division, whose assets constituted 75% of its total assets at September 30, Year 5 (end of year), was

belka [17]

The event should be presented in the financial statements as follows:

1. The assets side of the balance sheet will be reduced by 75%, with its accompanying accumulated depreciation.

2. The bonded liability on the balance sheet is eliminated by the relevant amount.

3. The journal entry should debit the Bonded Liability and accumulated depreciation, while the assets worth 75% are credited.

4. If the bonded indebtedness is more than 75% of the assets, the company records a profit on disposal on the income statement. Otherwise, it records a loss. If they are equal, there is no profit or loss.

Thus, the difference between the debit and credit entries constitutes either profit or loss on disposal.

Learn more: brainly.com/question/17329408

5 0

2 years ago

Coronado Industries is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures w

lubasha [3.4K]

Answer:

Coronado Industries

The weighted-average accumulated expenditures are:

= $8,388,333.

Explanation:

a) Data and Calculations:

Amount borrowed on June 1 = $3,170,000

Interest rate = 13%

Outstanding 11% 3-year note payable = $6,350,000

Outstanding 12% 4-year note payable = $12,350,000

Date Expenditure Weight Weighted-Average

Expenditure

March 1 $6,370,000 10/12 $5,308,333

June 1 $5,280,000 7/12 3,080,000

December 31 $8,650,000 0/12 0

Weighted-average accumulated expenditure $8,388,333

7 0

3 years ago