Answer:
The total amount of dollar sales for the next period is $1,675,500
The number of units to be sold next period is 23,500
Explanation:
The sales less the total cost gives the pretax income. The costs are the fixed and variable cost. Contribution margin is the sales less the variable cost. Hence the pretax income is the difference between the contribution margin and the fixed cost.
Let the total sales in dollars be G
G - $430,000 - $970,000 = $275,500
G = $275,500 + $430,000 + $970,000
G = $1,675,500
Hence the total contribution margin
= $1,675,500 - $430,000
= $1,245,500
Let the total number of units to be sold be t
$1,245,500
/t = $53
t = $1,245,500
/53
= 23,500
Answer:
total amount that owes the bank at the end of the loan is $22897.74
Explanation:
given data
loan = $22,000
Annual rate = 8% = 
= 0.021192 %
time = 6 month = 183 days
solution
we get here Amount at the end of loan tenure
Amount at the end of loan tenure = Amount borrowed × FVf at 0.02192%
Amount at the end of loan tenure = $22,000 × 1.040886
Amount at the end of loan tenure = $22897.74
so total amount that owes the bank at the end of the loan is $22897.74
Answer: 50400
Explanation:
- Straight-line rate= 100%/ 5 years= 20%
- Double declining Expense= 20% x 2= 40%
From Oct1 to Dec 31 is 9 months/ 12 months a year
- Depreciation Expense year 1= $120000x 0.4x 9/12= $36000
- Book value year 1= beginning year 2= $120000-$36000= $84000
- Book value year 2= $84000- ($84000x0.4)= $50400
Answer:
All of these answers is correct.
Explanation:
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