Answer:
=$ 80, 200.00
Explanation:
selling price : $ 330,000.00
Commission 6 %:
Commissions paid = 6/100 x $ 330,000.00
=$19,800.00
Closing costs =: $ 5000.00
Mortgage paid : $ 225,000
Total payouts: $19,800 + $50,00+ $225,000
=$ 249, 800.00
Rusty Expects: $ 330,000.00- $ 249,800.00
=$ 80, 200.00
Answer: $7200
Explanation:
From the question, we are informed that most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are covered with additional insurance. If $4,700 worth of jewelry and $6,000 worth of silverware were stolen from a family.
The amount of claim that would not be covered by the insurance will be:
= ($4,700 - 1,000) + ($6,000 - 2,500)
= $3,700 + $3,500
= $7,200
Answer:furniture manufacturer: wood→sanding→chair---C
Explanation:
Operations management is the part of a production system that administers best business practices to create the highest net operating profit within an organization. It involves the management of converting raw materials and labor into finished goods and services by passing through efficient processes so as to maximize profit of an organization.
In Operations management, efficient productivity , coordination and formulation of new improved process is important because to maximize profit requires constant innovation to reevaluate current practices. An operations management is involved in inputs, process and outputs as can be seen illustrated below.
furniture manufacturer: wood→sanding→chair
Answer:
$4,687.50
Explanation:
The computation of the depreciation expense of the second year using the double-declining method is shown below:
First we have to determine the depreciation rate which is given below:
= One ÷ useful life
= 1 ÷ 4
= 12.5%
Now the rate is double So, 25%
In year 1, the original cost is $25,000, so the depreciation is $6,250 after applying the 25% depreciation rate
And, in year 2, the ($25,000 - $6,250) × 25% = $4,687.50
Answer:
$480,000
Explanation:
The computation of the total manufacturing costs for Job No. 305 is shown below:
= Direct material cost + direct labor cost + manufacturing overhead cost
where,
Direct material cost = $180,000
Direct labor cost is
= $200,000 ÷ 200% × 100%
= $100,000
And, the manufacturing overhead cost is $200,000
So, the total manufacturing overhead is
= $180,000 + $100,000 + $200,000
= $480,000
