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rewona [7]
3 years ago
5

Overhead expenses are budgeted at $2,000 per month. Included in the $2,000 are $500 of monthly depreciation expense and $200 of

allocated expenses related to the insurance premium that is paid in September. What is the cash outflow for overhead for the month of May?a. $ 200b. $ 500c. $1,300d. $1,200
Business
1 answer:
professor190 [17]3 years ago
4 0

Answer:

Cash outflow will be $1300

So option (C) will be correct answer

Explanation:

We have given overhead expense = $2000 per month

Depreciation expenses = $500

And allocated insurance expense = $200

So non cash expense = depreciation expense + allocated insurance expense = $500+$200 = $700

We have to fond the cash out flow

Cash outflow is equal to = Overhead expense - non cash expense = $2000 - $700 = $1300

So cash outflow will be $1300

So option (C) will be correct answer

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If the contribution margin ratio for france company is 45%, sales were $425,000, and fixed costs were $100,000, what was the inc
Semenov [28]

Answer:

d. $91,250

Explanation:

We can calculate variable costs by using the contribution margin ratio formula.

Contribution Margin Ratio= Sales revenue Less Variable Costs/Sales revenue

45%= $ 425,000- Variable Costs / $ 425,000

45% * $425,000= $ 425,000 -Variable Costs

$ 191250= $ 425,000- Variable Costs

Variable Costs = $ 425,000- $ 191250

Variable Costs = $ 233750

Sales $ 425,000

Variable Costs 233750

Fixed Costs= $ 100,000

Income from Operations= $ 91250

7 0
4 years ago
A period of macroeconomic expansion followed by a period of macroeconomic contraction is called A. the business cycle. B. an eco
DanielleElmas [232]

Answer:

A. The business cycle

Explanation:

A period of macroeconomic expansion followed by a period of macroeconomic contraction is known as a business cycle. Like the name suggests, a business cycle is a cycle of highs and lows in economic activities.

There are periods of expansion which is often characterized by economic growth, leading to creation of more jobs, robust middle class etc and contraction which is characterized by loss of jobs, shrinking middle class etc in a business cycle.

Other periods of a business cycle may include peak, trough etc.

7 0
3 years ago
A Michigan State University student spends his summer months in his hometown, where he works for a local micro-brewery during th
murzikaleks [220]

Answer: Expectancy theory

Explanation:

The theory that suggests that the student will only work as hard as necessary to earn a "C" grade is the expectancy theory.

Expectancy theory states that an individual will act in a particular way due to the fact of what they believe will be the result of the behavior that they selected and thereby will select a particular behavior above orhers.

Here, the student simply selects his work above the school grade because he believes that a C is enough for him. Therefore, the answer will be expectancy theory.

6 0
3 years ago
How did great britain enforce the payment of taxes.
andrew-mc [135]

Answer:

<em>King </em><em>George</em><em> </em><em>lll </em><em>sent </em><em>British </em><em>soldiers</em><em> </em><em>to </em><em>the </em><em>colonies</em><em> </em><em>to </em><em>enforce</em><em> </em><em>payment</em><em> </em><em>of </em><em>taxes,</em><em> </em><em>because</em><em> </em><em>colonist</em><em> </em><em>sometimes</em><em> </em><em>smuggled </em><em>goods </em><em>into </em><em>colonies</em><em> </em><em>to </em><em>avoid</em><em> </em><em>paying</em><em> taxes</em><em>.</em><em> </em><em>.</em><em>.</em><em>.</em><em> </em><em>The </em><em>items </em><em>were </em><em>marked </em><em>with </em><em>a </em><em>stamp </em><em>to </em><em>show </em><em>the </em><em>tax </em><em>was </em><em>paid.</em>

4 0
3 years ago
Light emitting diodes (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typica
tangare [24]

Answer:

Annual wattage cost of 60 watts is $3.729

Annual LED cost of 60 watts is $0.185

total annual cost = $3.914

Annual wattage cost of 15 watts is $0.935

Annual LED cost of 15 watts is $0.125

total annual cost = $1.06

l

Explanation:

For the cost of LED and durability

it is require to use a light fixture 500 hours per year

60-watt incandescent light bulb costs $.37 and lasts 1,000 hours. that mean, its last for 2years before buying a new one.

And for a 15-watt LED,  costs $3.00 and lasts for 12,000 hours, thats means it will last for 24 years before purchase of another.

assuming, will are using the 60watts for 24years, a cost of  $.37*12times = $4.44 will be use for buying.

therefore, a 15 watts LED is more cheaper.

For the current charges of LED

for 60watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

60 watts  = 1hour  = (60*0.133/1000) = $0.0068

it is said that, the consumption is for 500 hour per year.

therefore, 60watts used per year = 500*0.0068 = $3.39

return of 10% =0.339.

total cost of watts for 500hr for a year = 3.39+0.339 = $3.729

Annual wattage cost of 60 watts is $3.729

Annual LED cost of 60 watts ($0.37/2year) is $0.185

total annual cost = $3.914

for 15 watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

15 watts  = 1hour  = (15*0.133/1000) = $0.0017

it is said that, the consumption is for 500 hour per year.

therefore, 15 watts used per year = 500*0.0017 = $0.85

return of 10% =0.085.

total cost of watts for 500hr for a year = 0.85+0.085 = $0.935

Annual wattage cost of 15 watts is $0.935

Annual LED cost of 15 watts ($3/24 years) is $0.125

total annual cost = $1.06

6 0
3 years ago
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