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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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castortr0y [4]

Answer & Explanation :

Bank Reconciliation Statement is prepared to reconcile (match) the differences between bank balance as per cash book & bank balance as per pass book, at end of an accounting period.  

The differences may arise because of following reasons :

  • Errors committed by firm or bank
  • Cheques paid but not collected, upto the last date (added in cash book, but not in bank balance)
  • Cheques issued but not yet presented for payment, upto last date (subtracted in cash book, but not in bank balance)
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BRS involves starting with balance as per any book - cash book or passbook. Then, the adjustments for mismatch are done, to arrive at correct balance as per the other book.

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3 years ago
E-mail is an temporary message medium.
diamong [38]
The answer to that question is “False”.
6 0
4 years ago
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During 2017, cotte manufacturing expected job no. 59 to cost $300000 of overhead, $500000 of materials, and $200000 in labor. co
Tanzania [10]

$85,000 under applied.

Calculate the total <u>expected </u>overhead ($300,000+$500,000+$200,000)= $1,000,000

Then calculate the actual overhead ($295,000+$570,000+$220,000)=

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Next, find the difference 1085000-1000000 = $85,000

So, the company under applied overhead by $85,000.

5 0
4 years ago
8. The interactions between those who ____
Sergeu [11.5K]

Answer:

The interactions between those who sell and those who buy drive the market in a capitalist economy.

Explanation:

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3 years ago
For a typical firm, which of the following sequences is CORRECT? All rates are after taxes, and assume that the firm operates at
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Answer:

B) rs > WACC > rd.

Explanation:

The formula to compute WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

As we know that the risk of equity in comparison to debt is more. And the return in respect of equity is received as an interest whereas for the debt it is received as a dividend.  

And, The WACC has come between debt and equity

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