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Yuki888 [10]
3 years ago
8

1-9 Automobile repair shops typically recommend that their customers change their oil and oil filter every 3,000 miles. Your aut

omobile user's manual suggests changing your oil every 5,000–7,000 miles. If you drive your car 15,000 miles each year and an oil and filter change costs $30, how much money would you save each year if you had this service performed every 5,000 miles?
Business
1 answer:
blagie [28]3 years ago
8 0

Answer:

$60 per year

Explanation:

Calculation for how much money would you save each year

First step is to calculate for the cost of Changing the oil every 3,000 miles

Cost of Changing oil every 3,000 miles:

Cost = (15,000/3,000)*$30

Cost =5*$30

Cost = $150 per year

Second step is to calculate for the cost of Changing the oil every 5,000 miles

Cost of Changing oil every 5,000 miles:

Cost = (15,000/5,000)*$30

Cost =3*$30

Cost = $90 per year

Last step is to calculate how much money would you save each year using this formula

Savings =Cost of Changing oil every 3,000 miles-Cost of Changing oil every 5,000 miles

Let plug in the formula

Savings= $150 per year-$90 per year

Savung=$60 per year

Therefore the amount of money you would save each year will be $60 per year

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MC Qu. 116 CWN Company uses a job order costing... CWN Company uses a job order costing system and last period incurred $90,000
ANTONII [103]

Answer:

65%

Explanation:

Calculation to determine its predetermined overhead rate for the next period should be:

Using this formula

OH rate = Estimated overhead next period/direct labor

Let plug in the formula

OH rate = $65,000/$100,000

OH rate = 65%

Therefore If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be: 65%

4 0
3 years ago
Suppose the working-age population of a fictional economy falls into the following categories:
aniked [119]

Answer:

The right solution is:

(a) 120

(b) 20%

Explanation:

Given that,

Full time employed,

= 75

Part time employed,

= 25

Total unemployed,

= 20

(a)

The total employed will be:

= Full \ time + Part \ time

= 75+25

= 100

Now,

Labor force will be:

= Total \ employed+Total \ unemployed

= 100+20

= 120

(b)

The unemployment rate will be:

= \frac{Total \ unemployment}{Labor \ force}\times 100

= \frac{20}{100}\times  100

= 0.2\times 100

= 20 (%)

6 0
3 years ago
DW has an ending Retained Earnings balance of $51,600. If during the year DW paid dividends of $4,100 and had net income of $21,
VikaD [51]

Answer:

$34,600

Explanation:

The computation of beginning retained earnings balance is seen below:

But we know that;

Ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend paid

$51,600 = Beginning retained earnings + $21,100 - $4,100

Beginning retained earnings = $51,600 - $21,100 + $4,100

Beginning retained earnings = $34,600

4 0
3 years ago
At what point does buying in bulk stop being a wise spending choice
ludmilkaskok [199]

Answer:

Buying in bulk stops being a wise spending choice when the consumer buys more than is needed

Please mark brainliest! Have a nice day!

5 0
3 years ago
Read 2 more answers
Jamar used to work as an office manager, earning $40,000 per year. He gave up that job to start a life-coaching business. In cal
Eva8 [605]

Answer:

B) opportunity costs.

Explanation:

The $40,000 salary that Jamar gave up are part of his opportunity costs.

Opportunity costs are the costs (or benefits lost) from choosing one activity or investment over another alternative.

When you calculate the economic profit of a new project you must include all the implicit or opportunity costs that you incur or lose due to the new project:

economic profit = accounting profit - implicit costs

7 0
3 years ago
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