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Arturiano [62]
4 years ago
7

Clarence lives in Maine, which has a sales tax of 5%. He just bought a digital camera whose full price was $725, but after sendi

ng in a rebate form, he later received a check in the mail for $125. What was the total amount that Clarence ended up paying after receiving the rebate?
Business
1 answer:
Doss [256]4 years ago
4 0

Answer:

=$600

Explanation:

Full price refers to the highest amount payable, or the total amount to be paid. Clarence must have paid the full paid which was $725.

A rebate is promotions discount given by the manufacturer. It is enjoyed by way of claiming after purchase.  By filling the rebate forms , Clarence was claiming the discount entitled to her. She got a check of $125.

Her final expenditure on the camera  was $725- $125= $600

=$600

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Ortiz Co. produces 5,000 units of part A12E. The following costs were incurred for that level of production: Direct materials $
Aleksandr-060686 [28]

Answer:

The relevant cost per unit is USD 93/-.

Explanation:

A) Total Cost= Direct Material+ Direct Labor+ Variable overhead+ Fixed Over Head

T.C= 55,000+160,000+75,000+175,000= 465,000/-

B) Unit Price= T.C/Units

U.P= 465,000/5000

U.P= USD 93/-

4 0
3 years ago
Read 2 more answers
As head of the sales team, Kevin has the power to dispense sales leads to the members of the team. He gives the best leads to th
mars1129 [50]

Answer:

Reward power

Explanation:

Reward power is simply the power a team leader, supervisor or manager has to hand out rewards to their subordinates. A "good" should be able to reward employees based on their merits, e.g. the best salesman get a free dinner at an expensive restaurant, or paid vacations, etc.

In this case Kevin uses rewards to motivate his sales team. Whoever does the best job gets a sales lead (they probably earn sales commissions) and has the possibility of earning more money.

7 0
3 years ago
A project will produce cash inflows of $2,250 a year for five years. the project initially costs $11,400 to get started. in year
Anon25 [30]
-$3,080. 

Using the CF function of your financial calculator, input the initial investment as a cash outflow (negative) of $11,400, then each of the cash inflows (positive) as $2,250 for each of the first 5 years and $1,500 for the sixth year. Hit the NPV button and input the required rate of return as 14.4% then the NPV will be -$3,080. 
3 0
4 years ago
Fargo Company's outstanding stock consists of 400 shares of noncumulative 5% preferred stock with a $10 par value and 3,000 shar
DIA [1.3K]

Answer:

The correct option is a. $200 preferred; $19,800 common.

Explanation:

These can be calculated as follows:

Dividends paid to preferred shareholders in 2015 = Number of outstanding shares of noncumulative preferred stock * Preferred stock par value * Dividend percentage of preferred stock = 400 * $10 * 5% = $200

Dividends paid to common shareholders in 2015 = Dividend declared and paid in 2015 - Dividends paid to preferred shareholders in 2015 = $20,000 - $200 = $19,800

Therefore, the correct option is a. $200 preferred; $19,800 common.

5 0
3 years ago
At the beginning of September 2018, Sheffield Company reported Inventory of $7800. During the month, the company made purchases
bulgar [2K]

Answer:

$34,700

Explanation:

Data provided

Beginning inventory = $7,800

Purchase = $35,000

Closing inventory = $8,100

The computation of Cost of goods sold for the month is shown below:-

Cost of goods sold = Beginning inventory + Purchase - Closing inventory

= $7,800 + $35,000 - $8,100

= $42,800 - $8,100

= $34,700

Therefore for computing the cost of goods sold we simply applied the above formula.

3 0
3 years ago
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