Answer:
Complete the problem. What are you trying to solve for?
Explanation:
Answer:
Lake's operating income is $120000
Explanation:
Operating income is the income generated by the operations of company less its operating cost. Another name that is used for operating income is Earnings before interest and tax (EBIT). The charges or income relating to non operating or financing activities is not included in the operating income and nor is the tax deduction included.
The formula for operating income = Sales - Cost of Sales - operating expenses.
The operating expenses here, are = Advertising + Salaries + Utilities
Thus, operating expenses = 60000 + 55000 + 25000 = $140000
The Operating Income = 440000 - 180000 - 140000 = $120000
Answer:
Please kindly check explaination for the details.
Explanation:
a.
Decision variables:
Let
X1 = no of units of product X1
X2 = no of units of product X2
X3 = no of units of product X3
Objective function is to maximize profits
Max Z = 20X1 + 6X2 + 8X3
Constraints:
8X1 + 2X2 + 3X3 <= 800
4X1 + 3X2 <= 480
2X1 + X3 <= 320
X1, X2, X3>=0
b.
please see attachment for the excel solutions.
c.
X1 = 0
X2 = 160
X3 = 160
Z = 2240
Answer:
Option B is the correct answer,a credit to salaries payable for $10,350
Explanation:
First of all,the net payment of salaries of Arcon Company equal the gross salaries expenses of $14,000 minus the deductions except the federal unemployment tax of $210
Net pay=$14,000-$1,050-$2,600=$10,350
In to record the salaries,the salaries expense account would be debited with $14,000 while the social security and medical taxes payable and federal income taxes payable account are credited with $1,050 and $2,600 respectively.
The net pay of $10,350 is credited to salaries payable in expectation of actual payment
Answer:
Wages in US would decrease
Wages in Mexico would increase
Explanation:
The increase in the supply of labour in the US while demand remains unchanged would lead to an excess of supply over demand. This would cause equilibrium wage to fall and quantity to rise.
While in the US, the supply of labour would fall. This would increase wage.
I hope my answer helps you