Answer:
$75 per case
Explanation:
Required: Selling Price per case
Sales – Variable cost – Fixed cost = Target desired profit
Sales = 800000 case x Selling Price (SP)
Variable cost = (800000 case x $40) + (800000 x SP x 25%)
Putting into equation:
Sales – Variable cost – Fixed cost = Target desired profit
(800000 x SP) – [(800000 x 40) + (800000 x SP x 25%)] - $8000000 = $ 5000000
>800000SP – (32000000 + 200000SP) – 8000000 = 5000000
>800000SP – 32000000 – 200000SP – 8000000 = 5000000
>800000SP – 200000SP = 5000000 + 8000000 + 32000000
>600000SP = 45000000
>SP = 45000000 / 600000
>SP = $ 75
He for sure was a mechanical revolutional pioneer!
Answer:
The false statement is letter "C": Stratification of the population into several homogeneous sub-populations generally reduces audit efficiency.
Explanation:
Stratification is the method of grouping a population into subpopulations, with each group of units having similar characteristics. The efficiency of audits can be increased if the auditor stratifies a population by grouping it into different sub-populations since the variability of items will be reduced.
You may decide to purchase a warranty because that will be way cheaper than paying to get it repaired a lot of times
Answer:
$8,000
Explanation:
Data provided in the question:
Average cost of car = $25,000
Now,
Using the class recovery system of five years,
The rate of depreciation expense in year 2 of the MACRS is 32%
Therefore,
The depreciation expense in the year 2 will be
= Average cost of car × Rate of depreciation
= $25,000 × 32%
or
The depreciation expense in the year 2 = $8,000