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Alenkinab [10]
3 years ago
7

An architecture firm charges clients $250 per hour for their services, and they pay their architects an average of $175 per hour

. They expect to accumulate 10,000 hours of architecture work this year. Their other costs include marketing and general administrative costs totaling $615,000 per year. What is the firm's profit before taxes?A)$135,000 B)$140,000 C)$115,000 D)$615,000 E)$750,000
Business
1 answer:
erma4kov [3.2K]3 years ago
3 0

Answer:

A)$135,000

Explanation:

service fee      250

average wage 175

contribution 75 this is the ammount generate per hour billed

expected hours billed for the year 10,000

hours x contribution per hour = total contribution

10,000 x 75 =                  750,000

Operating cost             <u>  (615,000)  </u>

Earnings before taxes    135,000

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When making replacement decisions, the development of relevant cash flows is complicated when compared to expansion decisions.
fgiga [73]

Answer: True

Explanation:

Decision regarding an asset replacement is usually based on both the internal rate of return and the net present value of the incremental cash flows.

Therefore, it should be noted that this brings about the complications when comparing the development of relevant cash flows to the expansion decisions.

4 0
2 years ago
3. Claudia Aceves borrowed $845,000 from U.S. Bank to buy a home. Less than two years into the loan, she could no longer afford
Pavlova-9 [17]

Answer:

Yeah, her argument will be good in Aceves. The further explanation is given below.

Explanation:

The promissory clause applies to just the requirement that although no attorney seems to be legal, a commitment is actionable. This happens whenever the Promiser already made that commitment to something like the Promisee who performs mostly on commitment.

  • Aceves having operated throughout the specific situation mostly on the foundation of the Bank's commitment or withdrew its complaint. Therefore in this circumstance, the essential requirement that perhaps the promisee would have focused mostly on promiser is accomplished.
  • Consecration of promise to pay estoppels is founded on either the ideals of equity as well as justice. The lender's action was unreasonable to Aceves and because of that, the premise would be effective on either the bank as to when the applicant was working on a pledge basis. Thus Aceves will be accurate in her argument.

8 0
2 years ago
Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $300,000, vari
Ipatiy [6.2K]

Answer: $86700

Explanation:

The net operating income is used in knowing the profitability of an investment. The net operating income is gotten by subtracting the expenses from the revenue.

Based on the information given in the question, the net operating income is $86700. Kindly check the attachment for further details.

7 0
3 years ago
A common carrier bailee generally would avoid liability for loss of goods entrusted to its care if the goods area. Stolen by an
larisa86 [58]

Answer:

The correct answer is letter "D": Improperly packed by the party shipping them.

Explanation:

Carriers are liable for the loss of goods being transported by them under three scenarios: acts of God (<em>because they are unpredictable</em>), acts of the shipper (<em>negligence of the person providing with the goods being transported</em>), and acts of a public enemy (<em>a country engaging into the war</em>).

In that case, <em>the carrier is likely not to be found liable if the shipping items were incorrectly packaged the sending party</em>.

8 0
3 years ago
Zanny Moldings has the following estimated costs for the upcoming year:
Sloan [31]

Answer:

D) $31.

Explanation:

The computation of the predetermined overhead rate is shown below:  

Predetermined overhead rate = Estimated manufacturing overhead ÷ estimated direct labor hours

where,

Estimated manufacturing overhead is

= Salary of factory supervisor + Heating and lighting costs for factory + Depreciation on factory equipment

= $37,600 + $22,000 + $5,600

= $65,200

And, the direct labor hours is 2,100

So, the predetermined overhead rate is

= $65,200 ÷ 2,100

= $31

5 0
2 years ago
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