Answer:
Option (C) is correct.
Explanation:
Manufacturing costs:
= Direct Materials + Direct Labor + Variable overhead
= $160,000 + $80,000 + (150,000 × 75%)
= $160,000 + $80,000 + $112,500
= $352,500
Operating income:
= Sales (1,100 units) - Manufacturing costs
= $370,000 - $352,500
= $17,500
Therefore, if Model A02777 is dropped from the product line, operating income will decrease by $17,500.
Answer:
$31000 will be allowed as expenditure
Explanation:
given data
Wheelchair = $10,000
Whirlpool bath = $10,000
Maintenance = $1,000
Increased utility bills = $1,000
various home modifications = $10,000
solution
as here value of the home increased = $1000
and that is increaed utility bill of the whirlpool
so that expenditure will be added to value of asset
so
total expenditure is = $10000 + $10000 + $10000 + $1000 = $31000
so $31000 will be allowed as expenditure
Answer:
Option (d) $5,549.96
Explanation:
Data provided in the question:
Annual payments = $800
Time, n = 12 years
Discount rate, r = 7% = 0.07
Now,
PV2 = Annual payments × ((1 - (1 + r)⁻ⁿ)) ÷ r ) × (1 + r)
= $800 × ( (1 - ( 1 + 0.07)¹²)) ÷ 0.07) × (1 + 0.07)
PV2 = $6,354.15
Therefore,
Present value today = PV2 ÷ (1 + r )²
= $6,354.15 ÷ (1 + .07)²
or
= $5,549.96
Hence,
Option (d) $5,549.96
Answer:
D. All of these answer choices are correct
Explanation:
Use Accounting Equation
Events: Assets = Equity + Liabilities
Provided Services +45,500 +45,500
Collection from customers -38,000
+38,000
Expenses on Account -37,000 +37,000
Payment against payable <u>-32,400</u> <u> </u> <u>-32,400</u>
Net Impact <u>13,100</u> <u>8500</u> <u>4600</u>
Hence, It is proved that Assets, equity and liabilities are increased.