Answer:
Contribution margin per unit: $42.9
Total contribution margin: $8,580
Explanation:
The contribution margin per unit is calculated by calculating the total contribution margin, which is basically the total sales, minus the costs of production, in this cae we have that we sold:
60 regular chairs
140 executive charis
Now the total in sales is:
Regular sales: $6,000
Executive chairs: $23,800
The variable cost of each is:
Regular chairs: $3720
Executive chairs: $17,500
We add up the sales and withdraw from it the total variable cost:
29,800-21,220=8,850
The total contribution margin is equal to $8850.
And the contribution margin per unit is given by dividing the total contribution margin by the number of units sold:
8850/200= 42.9
So the contribution margin per unit is 42.9 dollars.
The taxable income for that person is $47,810 and the tax liability can be found by multiplying the taxable income by the tax rate. The person does not have any adjustment to his/her salary, therefore all of his salary amounts becomes the taxable income. The tax liability can be found by multiplying the $47,810 with a specific tax rate.
On January 8th the account was charged $30.00 for an overdraft fee because It was time to pay the monthly account maintenance charge.
<h3>Why bank charges an overdraft fee?</h3>
When a bank's customer don't have enough money to cover a purchase made using a debit card or a cheque, then the bank will charge the overdraft fee. Rather of denying a charge, the bank will pay it and charge a fee.
In the given case, because it was time to pay the monthly account maintenance charge, the account was charged $30.00 for an overdraft fee on January 8th.
Therefore, bank charged overdraft fee as the date of payment comes.
Learn more about the overdraft fee, refer to:
brainly.com/question/1739416
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Answer:
$183,600
Explanation:
Since the expected useful life of the patent is only 10 years, instead of 20 years, its cost should be amortized in 10 years. That means that for every year that passes, Northern has to amortize $20,400 (= $204,000 / 10). Only one year passed between September 30, 2019 and October 1, 2018, so the patent's account on the balance sheet is $183,600 (= $204,000 - $20,400).
Answer:
HMO Vaccination Program
With the given probability of a flu outbreak at 65 percent and the cost of the vaccination program at $8 million, my decision under these new conditions is:
To go ahead with the vaccination program in order to protect the health of the people since the assessed chance of a flu outbreak is high at 65%.
Explanation:
However, for any vaccination program to be effective, the whole population must be targeted and achieving 100% coverage must be assured. In the past, many such programs have failed because of ineffective coverage of the population. While vaccination is important, prevention of the root cause of such flu outbreaks remains paramount as it is also the least costly measure.
