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
kykrilka [37]
3 years ago
6

Tony charges $5 to park a car in his parking lot. He pays $40 per day to rent the lot. If 50 cars park in his lot during the day

, how much does he earn after expenses?
Business
1 answer:
77julia77 [94]3 years ago
4 0

Answer:

He earns after expenses: $210

Explanation:

If 50 cars park in his lot during the day, he will earn:

50*$5= $250

But he must include expenses to know his real profit. The only expense that the problem states is the lot rent, which is $40 per day. Expenses must be subtracted from his earnings:

$250-$40= $210

On a day, he earns after expenses: $210

You might be interested in
Journalize the following merchandise transactions, using the net method under a perpetual inventory system.
Olenka [21]

Answer:

Part a

Debit : Accounts Receivable $18,000

Debit : Cost of Sales $10,800

Credit : Sales Revenue $18,000

Credit : Inventory $10,800

Part b

Debit : Cash  $16,200

Debit : Discount allowed $1,800

Credit : Accounts Receivable $18,000

Part c

Debit : Accounts Receivable $600

Credit : Cash $600

Explanation:

The perpetual method calculates the cost of sales for each transaction made.

See the journals prepared as above

6 0
3 years ago
S= (1+r)c. find c if s=174 and R<br> =455
solong [7]
174=(1+455)c
c=174/456
c=0,3815789474
3 0
3 years ago
Motorsports, Inc. had a predetermined overhead rate of $2 per direct labor hour. The direct labor hours were estimated to be 25,
Marat540 [252]

Answer:

$1,000

Explanation:

For the computation of overhead over/under applied last year first we need to find out the applied overhead which is shown below:-

Applied overhead = Actual direct labor × Per direct labor

= 24,000 × $2

= $48,000

Over applied overhead = Applied overhead - Actual overhead

= $48,000 - $47,000

= $1,000

Therefore for computing the overhead over/under applied last year we simply applied the above formula.

7 0
3 years ago
The required volume of output to produce the motors will not require any incremental fixed overhead. Incremental variable overhe
Ludmilka [50]

Answer: Income will increase by $16 per unit

Explanation:

Your question isn't complete but the completed question was gotten online and would be used in answering the question accordingly.

The effect on income if Derby decides to make the motors will be calculated thus:

In-house:

Direct material = 38

Direct labor = 50

Overhead (Incremental) = 21

Total variable cost = 109

Outside:

Cost of supply = 125

Therefore, the income per unit will increase by (125 - 109) = 16.

3 0
3 years ago
What percentage of those over the age of 75 in the united states has never married?
yan [13]
In the year 2000, the US census showed that 9.1% of those over 75 had not married so the percentage is relatively low and from 75-84 yrs old, about 50% were still married, 40% were widowed and 5.4 % were divorced.
6 0
3 years ago
Other questions:
  • Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses a
    5·1 answer
  • The labor force includes rev: 05_30_2018 Multiple Choice employed workers but excludes persons who are officially unemployed. pe
    11·1 answer
  • The Kwok Company’s inventory balance on December 31, 2021, was $215,000 (based on a 12/31/2021 physical count) before considerin
    7·1 answer
  • Expert Computers was started in 2018. The company experienced the following accounting events during its first year of operation
    10·1 answer
  • State or federal codes that specifically apply to businesses are called: A. franchise law B. patent law C. business law D. tax l
    14·2 answers
  • Tyler Young sells a diverse line of conveyor systems to small manufacturers. He has found that he is most successful when he use
    14·1 answer
  • Kim leased an office building to USA Corporation under a ten-year lease specifying that at the end of the lease USA had to retur
    5·1 answer
  • What is functional structure in organization?​
    9·1 answer
  • According to Gardner, intelligence can be measure by a person having
    14·2 answers
  • When is the only time to abbreviate on a job application? Question 3 options: In the Personal Information section In the Positio
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!