1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irakobra [83]
3 years ago
15

Blossom Company purchases a new delivery truck for $77,000. The sales taxes are $4,300. The logo of the company is painted on th

e side of the truck for $1,000. The truck’s annual license is $120. The truck undergoes safety testing for $300. What does Blossom record as the cost of the new truck?
Business
1 answer:
Ksivusya [100]3 years ago
8 0

Answer:

$82,600

Explanation:

Given that,

Cost of purchasing new delivery truck = $77,000

Sales taxes = $4,300

Cost of painting a logo = $1,000

Truck's annual license = $120

Cost of safety testing = $300

Cost of the new truck:

= Purchase Price + sales taxes + Logo painting cost + safety testing

= $77,000 + $4,300 + $1,000 + $300

= $82,600

Note: The truck license fee is excluded from the calculation of the cost of the new truck because it is paid on yearly basis.

You might be interested in
Which of the following best describes a push strategy? Group of answer choices Manufacturer builds strong consumer demand for a
maksim [4K]

Answer: Manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.

Explanation:

In a push strategy the manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.

In a push strategy, the firm takes it's products to the consumer. The aim of this is for the product to gain much exposure than it already has and attract more sales. Other sales channels are bypassed in the scenario, leaving just the producer and the customer. Advertisment is one of the greatest promotional tool for push strategy.

6 0
3 years ago
Who investigates complaints of the Holden Act and takes remedial action as required by law? The Department of Housing and Urban
o-na [289]

Answer:

The Department of Housing and Urban Development

Explanation:

The Holden act or the California Housing Financial Discrimination Act of 1977, <u>states that financial institutions cannot discriminate against people applying for loans or financial assistance,</u> for reasons such as; race, color, ethnicity and religion.

The Holden act is enforced by the Department of Housing and Urban Development.

5 0
3 years ago
What scenario would call for you to
Alex

Answer:

A.you have plenty of cash flow and are looking to grow with new equipment.

Explanation:

Sana makatulong po sainyo/ihope it helps for you

5 0
3 years ago
Session Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho
vitfil [10]

Answer:

Total cost= $6,765

Explanation:

Giving the following information:

Total direct labor-hours 70,000

Total fixed manufacturing overhead cost $511,000

Variable manufacturing overhead per direct labor-hour $ 2.10

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (511,000/70,000) + 2.1

Predetermined manufacturing overhead rate= $9.4 per direct labor hour

<u>Job K913:</u>

Total direct labor-hours 150

Direct materials $ 705

Direct labor cost $4,650

Total cost= 705 + 4,650 + (150*9.4)

Total cost= $6,765

8 0
3 years ago
You are given the following data concerning​ Freedonia, a legendary​ country: Consumption​ Function: C​ = 100 100 ​+ 0.8 0.8Y ​I
Sedaia [141]

Answer: Y = 1400

Explanation:

AE = C+I

Y = 300 + 0.8Y

Y = 3000/2

C = 1200 + 200

C = 1400

3 0
3 years ago
Other questions:
  • A positive result that stems from the use of return on investment (ROI) is that it encourages managers to focus on:
    10·1 answer
  • Joshua wants to be a lawyer. He found the following table on the Bureau of Labor Statistics’ website to find out about the emplo
    12·2 answers
  • Suppose that Larimer Company sells a product for $24. Unit costs are as follows:
    12·1 answer
  • If fixed costs are $1,200,000, the unit selling price is $240, and the unit variable costs are $110, what is the amount of sales
    11·1 answer
  • The corporate website of a company is established with an intention to: a. provide a transaction gateway for goods and services.
    14·1 answer
  • Monetary policy: a.must be described in terms of money-supply targets.b.must be described in terms of interest-rate targets.c.ca
    13·1 answer
  • Some proponents of labor law reform believe that
    14·1 answer
  • Recognizing religious holidays, differing modes of dress, and dietary restrictions as well as allowing flexible scheduling are a
    10·1 answer
  • Outsourcing of jobs from large corporations to domestic subcontractors has been one reason job have been become more insecure in
    8·2 answers
  • I needd helpppp asappppp!
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!