Answer:
Each should be used as follows:
Weight of peppermints = X = 25 lb
Weight of Chocolates = Y = 15 lb
Explanation:
Suppose
Weight of peppermints = X
Weight of Chocolates = Y
So According to given condition
X + Y = 40 (Eq. 1)
1.2X + 2.4Y = 1.65*40
1.2X + 2.4Y = 66 (Eq. 2)
By multiplying (Eq. 1) with 1.2 we get
1.2X + 1.2Y = 48 (Eq. 3)
Now by subtracting (Eq. 2) from (Eq. 3)
(1.2X + 1.2Y) - (1.2X + 2.4Y) = 48 - 66
1.2X + 1.2Y - 1.2X - 2.4Y = -18
1.2X - 1.2X + 1.2Y - 2.4Y = -18 (Rearrange)
-1.2Y = -18
1.2Y = 18
Y = 18/1.2
Y = 15
By placing value of Y in (Eq. 1)
X + 15 = 40
X = 40 - 15
X = 25
<u>Check</u>
1.2X + 2.4Y = 66
1.2 (25) + 2.4 (15) = 66
66 = 66
Answer:
D. $285,000
Explanation:
When a company is acquired by another company, the parent company (the new owner) must report the assets at fair market value - amortization.
FV = $300,000
amortizable value = $100,000
depreciation for 3 years (2017, 2018 and 2019) = ($100,000 / 20) x 3 = 415,000
reported value = $300,000 - $15,000 = $285,000
Answer:
$659,277
Explanation:
The computation of the manufacturing labor dollars per year over the three year period of performance is shown below:
For 3 year it is
= 3 × 1,800 hours × $31
= $167,400
For 4.5 years, it is
= 4.5 × 1,800 hours × $31 × 1.025
= $257,377.50
Foe 4 years, it is
= 4 × 1,800 hours × $31 × 1.025 × 1.025
= $254,499.50
So, the manufacturing labor dollars per year is
= $167,400 + $257,377.50 + $254,499.50
= $659,277