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Mrac [35]
3 years ago
12

Sunland Company purchased equipment for $32500. Sales tax on the purchase was $1550. Other costs incurred were freight charges o

f $420, repairs of $700 for damage during installation, and installation costs of $440. What is the cost of the equipment? A. $35610. B. $34050. C. $32500 D. $34910
Business
2 answers:
solmaris [256]3 years ago
6 0

Answer:

D. $34910

Explanation:

The computation of the equipment cost is shown below:

= Purchase value of equipment + sales tax on purchase + freight charges incurred + installation cost

= $32,500 + $1,550 + $420 + $440

= $34,910

For computing the equipment cost we added the purchase value, sales tax, freight charges and the installation cost

The damages cost is not a part of the cost of equipment

lisov135 [29]3 years ago
6 0

Answer:

Total cost of equipment = $34,870

Explanation:

Given data:

purchase Cost of equipment =$32500

salex tax on item is $1550

freight charge $420

repair cost $700

installation = $400

cost of equipment calculated as follow

Total cost of equipment = purchase cost + sales tax on item + freight charges + installation cost

Total cost of equipment = 32500+ 1550 + 420 + 400

Total cost of equipment = $34,870

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"Jefferson Sports Medicine, Inc., offers two types of physical exams for students : the basic physical and the extended physical
mafiozo [28]

Answer:

                                The sales budget    

          Jefferson Sports Medicine, Inc budgets sales budget (Amounts in $)

                                                              Months                            

Physical examination    July           August         September   Total

Basic physical               13,200       14,100           6,300           33,600

Extended physical        25,650       27,000         14,850          <u>67,500</u>

                                                                                                  <u> 101,100 </u>              

Explanation:

The sales expense shows the forecasted of sales from the various types of physical examination for a given period. These include the sales expected from Physical examination. The sales are the products of the charge per examination and the number of examinations conducted. It may be computed as follows;

July;

Physical examination

= $60 * 220

= $13,200

Extended physical

= $135 * 190

= $25,650

August

= $60 * 235

= $14,100

Extended physical

= $135 * 200

= $27,000

September

= $60 * 105

= $6,300

Extended physical

= $135 * 110

= $14,850

4 0
3 years ago
A frozen food manufacturer can produce either pizzas or calzones. As the result of an increase in the price of calzones, the fir
goldfiish [28.3K]

Answer:

More supply of calzones

Explanation:

The increase in the price of calzones has resulted in an increase in the supply of calzones. The company can produce either pizzas or calzones; the increase in the supply of calzones will decrease the supply of pizzas. Overall, price and supply have a positive relationship which is why the increase in prices has increased the supply of calzones.

6 0
3 years ago
The nominal group technique, a variation on open brainstorming, primarily helps:
juin [17]

Answer:

The correct answer is letter "D": equalize hierarchical or status differences among members of a group.

Explanation:

The Nominal Group Technique (NGT) is a method of brainstorming ideas in a group that starts by having the members writing down their perceptions on certain matters to later expose them to the rest of the group. Collectively, all the group members decide which idea is the best to solve the issue they have in common.

Under those circumstances,<em> the NGT treats each of the opinions of the individuals involved equally regardless of the hierarchy they may occupy in the group.</em>

8 0
4 years ago
The Petit Chef Co. has 10.8 percent coupon bonds on the market with eight years left to maturity. The bonds make annual payments
Fantom [35]

Answer:

The yield to maturity is 8.50%

Explanation:

The computation of the  yield to maturity is shown below:

Given that

NPER = 8

PMT = $1,000 × 10.8% = $108

PV = $1,129.70

FV = $1,000

The formula is shown below:

= RATE(NPER,PMT,-PV,fV)

After applying the above formula, the yield to maturity is 8.50%

And, the same is to be considered

hence, the yield to maturity is 8.50%

6 0
3 years ago
Indicate whether each of the following news items is a positive or a normative statement.
Novosadov [1.4K]

Answer:

Positive statements are statements that describe things as they are, based on empirical evidence. Normative statements describe whether something is good or bad, desirable or undesirable. They can be recommendatios or opinions, or both at the same time.

1. Teenagers shouldn't be permitted to buy cigarettes - Normative statement. It finds teenage smoking as undesirable.

2. Nuclear energy is cleaner than coal and oil based energy - Postive statement. It is describing a fact, not explicitely saying whether nuclear energy is better or not (even if implicitily it might be saying so).

3. We need more police on inner dash city streets - Normative statement. This statement is finding that more police is desirable.

4. Netflix original programming is better than network TV shows - Normative statement. It is giving an opinion, but it's still a positive statement.

5 0
3 years ago
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