Answer:
$6,450
Explanation:
Calculation to determine the balance in Cash for this design service business
Using this formula
Cash balance=Cash Amount invested+Cash Received-Rent- Equipment purchased-Supplies
Let plug in the formula
Cash balance=$7,000+$3,000-$700-$2,000-$850
Cash balance=$6,450
Therefore the balance in Cash for this design service business is $6,450
Answer:
the answer should be
a. Overhead can be applied slowly as a job is worked on.
Answer:
The aggregate demand will fall
Explanation:
The aggregate supply measures the quantity of real GDP that can be supplied by in the economy at different price levels. it measures planned output if both prices and average wage rates can change, the Long run aggregate supply curve is assumed to be vertical (this means it remains constant when the general price level changes).
The leftward shift in aggregate supply means that at the same price levels the quantity supplied of real GDP has decreased. This is mostly due to natural disasters or other supply shocks like economic depression, when there is leftward shift in aggregate there would be fewer workers available to produce goods at any given price.
Answer:
a. 8,200 pizzas
b. 17,400 pizzas
c. $17,100
Explanation:
The computation is shown below:
a. For break even point
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $9 - $5
= $4
So, the break even point is
= $32,800 ÷ $4
= 8,200 pizzas
b. For target profit
The break even point is
= (Fixed expenses + target profit) ÷ (Contribution margin per unit)
= ($32,800 + $36,800) ÷ $4
= 17,400 pizzas
c. And, the margin of safety in dollars is
= (Total sales - break even sales) × selling price per unit
= (10,100 pizzas - 8,200 pizzas) × $9
= $17,100
Answer:
annual net income is $23077.25
Explanation:
Given data:
sales volume = 4200 units
selling price/units $50
variable cost/units $25
fixed cost is $45000
Total sales ![unit = 4200 + 5\% \times 4200 = 4410 units](https://tex.z-dn.net/?f=unit%20%3D%204200%20%2B%205%5C%25%20%5Ctimes%204200%20%3D%204410%20units)
selling price/unit ![= $50 + 4\%\times $50 = $52](https://tex.z-dn.net/?f=%3D%20%2450%20%2B%204%5C%25%5Ctimes%20%2450%20%3D%20%2452)
variable cost/unit ![= $25- 5\%\times 25 = $23.75](https://tex.z-dn.net/?f=%3D%20%2425-%205%5C%25%5Ctimes%2025%20%3D%20%2423.75)
fixed cost ![= 45000 - 3\%\times 45000 = $43650](https://tex.z-dn.net/?f=%3D%2045000%20-%203%5C%25%5Ctimes%2045000%20%3D%20%2443650)
sales ![=4410 \times 52 = $229320.00](https://tex.z-dn.net/?f=%3D4410%20%5Ctimes%2052%20%3D%20%24229320.00)
variable cost ![= 4410 \times 23.75 = 104737.5](https://tex.z-dn.net/?f=%3D%204410%20%5Ctimes%2023.75%20%3D%20104737.5)
difference = 229320 - 104737 = 124583
fixed cost = $43650
depreciation exchange = $11000
so total income prior to tax = 124583 - (43650 + 11000) =$ 69932.5
tax rate is 33%
so total income after tax is ![= 69932.5 \times .33 = $23077.725](https://tex.z-dn.net/?f=%3D%2069932.5%20%5Ctimes%20.33%20%3D%20%2423077.725)