Answer:
200 standard scooters and 600 standard scooters
Explanation:
The computation of the each type of scooter to break even is shown below:
As we know that
Contribution margin per unit = Selling price per unit - variable cost per unit
So for standard scooter, it is
= $55 - $30
= $25
And, for chrome scooter, it is
= $70 - $40
= $30
Plus, it is given that the ratio between standard scooter and chrome scooter = 1 : 3
Now the weighted average contribution margin per unit is
= $25 × 1 ÷ 4 + $30 × 3 ÷ 4
= $6.25 + $22.50
= $28.75
So,
Break even units = Fixed costs ÷ weighted average contribution margin per unit
= $23,000 ÷ $28.75
= 800 units
So for standard scooter, it is
= 800 × 1 ÷ 4
= 200 standard scooters
And for chrome scooter, it is
= 800 × 3 ÷ 4
= 600 chrome scooters
The Modified Accelerated Cost Recovery System (MACRS) is used for tax purposes.
<h3>What is depreciation?</h3>
Depreciation refers to the devaluation in the value of the tangible assets after a particular period of time. When the depreciation value of the assets becomes zero or negative. It becomes outdated or obsolete.
Modified Accelerated Cost Recovery System is the system introduced by the United States which is the tax depreciation system used to estimate the value of the assets depreciated.
Initially, it was introduced to attract the investors to invest in the depreciating assets. the benefit of this system is that it gets higher tax exemptions.
Learn more about devaluation here:
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The importance is particulalrly acute if your career consists of serving
those clients, i.e., if that's how you make your living. If that's the case,
then client records must be completed correctly, because if you don't,
then it's only a matter of time before one of your mistakes is discovered
and you find yourself in deep doo doo.
Depending on exactly what kind of business you are in, correcting your
mistake might cost you big bucks. But whether or not it costs you anything,
the news that you don't always complete your clients' records correctly will
spread like wildfire throughout your market of potential clients, and you will
soon be out of business because you have no more clients. (They have all
taken their business to somebody else.)
You'll then be out on the street looking for another way to make a living, and
wherever you go, your reputation for sloppy work and inaccuracy will ride into
the employment interview on your back. You may have to start at the bottom
again, settling for a job where you have no clients ... and I can't even think of
a job like that just now.
<span> based on the fact that every financial transaction has equal and opposite effects in at least two different accounts. It is used to satisfy the equation Assets = Liabilities + Equity, in which each entry is recorded to maintain the relationship.</span>
Answer:
He invested $400 in the account with interest at 6%, while investing $1600 in the account with interest at 7%.
Explanation:
Given that Michael Perez deposited $ 2000 in two different accounts that granted an interest of 6% and 7% per year respectively, and that at the end of the year he obtained $ 136 in interest, to determine how much money he invested in each account it is necessary to perform the following calculation:
2000 = 100
136 = X
((136 x 100) / 2000) = X
13600/2000 = X
6.8 = X
Thus, the benefits obtained were 6.8% per year. Thus, the annual 7% of the account with the highest interest rate must subtract a 0.2% yield, with which Michael Perez invested 2/10 parts of his money in the account with interest at 6% and 8/10 in the account with interest at 7%.
Thus, in the account with interest at 6% he invested $ 400, while in the account with interest at 7% he invested $ 1600.