Answer:
Actual real after tax rate of return is 0.657%
Explanation:
Use fisher method to compute real return:
=0.00971 or 0.971%
Calculate after tax return as shown below:
Federal tax rate is 28% or 0.28 and state tax is 6% or 0.06.
After tax return = 0.00971×(1 - 0.28) ×(1 - 0.06)
= 0.00657 or 0.657%
Answer: $317,400
Explanation: The first step is to calculate the sales value
Sales = Unit sold × Price per unit
11500 × $77.00 = $885,500
calculation Total variable cost
i. Variable production cost = Units × variable production cost per unit
11500 × $39.70 = $456,550
ii. Variable selling and administrative cost = unit × variable selling and administrative cost per unit
11500 × $9.70 = $111,550
Total variable cost = Variable production cost + variable selling and administrative cost
Total variable cost = $456,550 + $111,550
= $568,100
Calculation of contribution margin
Contribution margin = Sales - total variable cost
= $885,500- $568,100
= $317,400
Answer:
C) both anonymous and confidential
Explanation:
- As the student-run, the new paper and ask other students to visit a link firm the new paper and respond to those questions and the responses for only those questions were recorded.
- This indicates that the newspaper survey is anonymous and confidential as the ant student can fill the survey and the information that is confidential as none outside the newspaper has access to those responses.
