Answer:
$34,000
Explanation:
Accounting profit = Total revenue - Explicit costs
i.e Total revenue = $50,000
Explicit costs = $12,000 + $1,000 + $3,000 = $16,000
Therefore; $50,000 - $16,000 = $34,000.
A filmmaker will seek a sound production mixer who has the qualities and qualifications that is responsible for ensuring that dialogue recorded during filming is suitably clear, tries to avoid unwanted noises and works around the camera which might hamper the placement of microphones. A production sound mixer who has his or her own equipment as this choice can save the filmmaker a considerable amount of money in sound equipment rental, and the mixer is likely to be skilled in using his or her own equipment.
Answer:
Unitary contribution margin= $8
Explanation:
Giving the following information:
Sales $ 20,000
Variable expenses 12,000
Contribution margin 8,000
<u>To calculate the unitary contribution margin, we need to use the following formula:</u>
Unitary contribution margin= total contribution margin / total units
Unitary contribution margin= 8,000 / 1,000
Unitary contribution margin= $8
Answer:
Federal tax is the money used by the government of a country to pay for the growth and upkeep of the country. Some look at federal tax as "rent"
Explanation:
Income taxes im the United States are imposed by the federal government and most states
Income taxes are determined by applying a tax rate, which may increases, to texable income, which is the total income less allowable deductions.
Explanation:
The following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP as part of consumption (C), investment (1), government purchases (G), exports (X), or imports (M).
1. Transaction CLG X M Eleanor gets a new video camera made in the United States - Consumption
2. The state of Pennsylvania repaves Highway PA 320, which goes through the center of Swarthmore - Government Purchase
3. Darnell buys a sweater made in Guatemala - Consumption & Imports
4. Darnell's employer assigns him to provide consulting services to an Australian firm that's opening a manufacturing facility in China - Exports
5. Jacques buys a new set of tools to use in his plumbing business - Investment
