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Ivan
1 year ago
5

a firm installs 1500 air conditioners which need to be serviced every six months. the firm can hire a team from its logistics de

partment at a fixed cost of $6,000. each unit will be serviced by the team at $15.00. the firm can also outsource this at a cost of $17.00 inclusive of all charges
Business
1 answer:
sdas [7]1 year ago
4 0

There are 2 options available to the firm 1 is to hire the staff for service or 2 is to outsource the service.

<h3>What is outsourcing?</h3>

Outsourcing is the act of obtaining services from external provider instead of having own management. A company can outsource its functions or departments.

Inhouse

$6000 + ($15 * 1500) = $28,500

Outsource

$17 * 1500 = $25,500

Lowest is $25,500 in outsourcing

It is better to outsource the service of air conditioner

Learn more about outsourcing at brainly.com/question/27125576

#SPJ1

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Alfonzo's Italian House has 25,000 shares of stock outstanding with a par value of $1 per share and a market price of $36 a shar
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Answer:

$18

Explanation:

6 0
2 years ago
Jennifer received $6,000 interest; $4,800 was tax-exempt and $1,200 was taxable. In earning this income, she had $500 of expense
Marat540 [252]

Answer:

The amount of interest expenses that Jennifer can deduct from her tax return for tax year 2019 is $100.

Explanation:

The amount of interest expenses that Jennifer can deduct from her tax return for tax year 2019 can be calculated using the following formula:

Interest expenses deductible = (Taxable interest / Total interest) * Interest expenses .................... (1)

Where;

Taxable interest = $1,200

Total interest = $6,000

Interest expenses = $500

Substituting the values into equation (1), we have:

Interest expenses deductible = ($1,200 / $6,000) * $500

Interest expenses deductible = 0.20 * $500

Interest expenses deductible =$100

Therefore, the amount of interest expenses that Jennifer can deduct from her tax return for tax year 2019 is $100.

3 0
2 years ago
Your__ is the way you use your time, energy, and resources
Sidana [21]

Answer:

Lifestyle

Explanation:

Lifestyle is a way of life established by a society, culture, group or individual. This includes patterns of behavior, interaction, consumption, work, activity and interests that describe how a person spends their time.

8 0
3 years ago
Which of the following factors is not used to determine whether an activity is a hobby or a business?A) the taxpayer's expertise
melisa1 [442]

Answer: Option D    

 

Explanation: As per the tax laws, the activities in which the taxpayer has expertise in and he or she is getting some  kind of monetary benefit from performing it, then such activity will be seen as a business.

However, if the taxpayer do not repetitively perform an activity and derives no personal gain other than pleasure from performing such activity, then it will be a hobby.

Hence from the above we can conclude that the correct option is D.

7 0
3 years ago
The records of Bramble Company at the end of the current year shows Accounts Receivable $74,500; Credit Sales $786,220; and Sale
Llana [10]

Answer:

  • (a) If Bramble uses the direct write-off method to account for uncollectible accounts and Bramble determines that Matisse’s $922 balance is uncollectible, what will Bramble record as bad debt expense?  

Dr Bad Debt Expense $ 922

Cr Accounts Receivable  $ 922

  • (b) If Allowance for Doubtful Accounts has a balance of $1,116 and Bramble concludes bad debts are expected to be 9% of accounts receivable, what will Bramble record as bad debt expense?  

Dr Bad Debt Expense $ 5,589

Cr Allowance for Uncollectible Accounts $ 5,589

Explanation:

The direct write-off method is to directly cancel bad debts at the time it was decided that the credit is bad, the total amount reported as bad debt expenses negatively affect the income statement and the accounts receivable are reduced by the same amount, less assets

Dr Bad Debt Expense $ 922

Cr Accounts Receivable  $ 922

The other way is to determine a percentage of the total amount of accounts receivable as bad debts, there are many ways to analyze accounts receivable and calculate the value of bad debts.

When the company has the percentage of uncollectible accounts, the required journal entry is Bad Expenses (debit) with Reserve for Bad Accounts (credit)

At the time of cancellation, since the expenses were recognized before, we only use the Allowance for Uncollectible Accounts (Debit)  with accounts receivable (credit), with this we are recognizing the bad credit of the company.

Dr Bad Debt Expense $ 5,589

Cr Allowance for Uncollectible Accounts $ 5,589

If the company applies the allowance method, it means that the account Allowance for Uncollectible Accounts must show as balance the % of accounts receivables as CREDIT.

Because the company has a credit balance in that account it's necessary to register an entry that complement the credit value and reflect A CREDIT estimated as % of account receivable., this case it's 9% of accounts receivable.

5 0
2 years ago
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