Answer:
Check the following explanation.
Explanation:
Ans a - Aggregate demand will increase by $150.
Ans b - Aggregate supply will increase by $50 in the first year.
Ans c - The aggregate demand impact is bigger.
Ans d - If the tax reduction is permanent then the aggregate demand and aggregate supply will be equal in 3 years.
Ans e - The aggregate demand increases by 120. The aggregate supply increases by 20. The aggregate demand impact is bigger. If the tax reduction is permanent then the aggregate demand and aggregate supply will be equal in 6 years.
Answer:
$214,500
Explanation:
For the computation of the amount of contribution margin first we need to follow some steps which are shown below:
No of units sold = Total sales ÷ selling price per unit
= $374,400 ÷ $24
= $156,00
Variable cost = No of units sold × Variable cost per unit
Variable cost = $15,600 × $13
=$202,800
Contribution margin = Sales - Variable cost
= $374,400 - $202,800
= $171,600
CM ratio = Contribution margin ÷ Sales
= $171,600 ÷ $374,400
= 0.46
Contribution margin = CM ratio × Sales Contribution margin
= 0.46 × (1.25 × $374,400)
= $214,500
Original price = $500
Assume that the tax rate is 8%
Cost of the TV plus tax = 500*1.08 = $540
Worth of the 25% coupon = 0.25*540 = $135
Reduced price = 540 - 135 = $405
The cost of the TV with a coupon for 25% off excluding tax is $405.
Answer: $405
Your answer is C. Accumulated Depreciation will be credited. :D
Answer:
$12 and $180
Explanation:
The computation of the predetermined overhead rate is shown below:
As we know that
The predetermined overhead rate is
= Estimated total indirect cost ÷ expected direct labor hours
= $96,000 ÷ 8,000
= $12
And, the indirect cost is
= Predetermined overhead rate × number of hours
= $12 × 15
= $180
We simply applied the above formula
