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stiks02 [169]
3 years ago
8

Genesee Organics has just bought a new packing machine for its warehouse.

Business
1 answer:
Tcecarenko [31]3 years ago
5 0

Answer:

CCA for year 2 is $164,062.50

Explanation:

Total cost of machine = $750,000

CCA rate = 25%

CCA in year 1 = (Total cost / 2) * CCA rate

CCA in year 1 = ($750,000/2)*0.25

CCA in year 1 = $93,750

For year 2, CCA = (Total cost - CCA in year 1) *CCA rate

For year 2, CCA = ($750,000 - $93,750)*0.25

For year 2, CCA = $164,062.50

Hence, CCA for year 2 is $164,062.50

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Sand Inc., a company that produces and sells a single product, has provided its contribution format income statement for January
bezimeni [28]

Answer:

$30,870

Explanation:

Sales per unit: 67,200/3,200 = 21

variable expenses per unit : 38,976/3200 = 12.18

.......................

Sales 3500 unit: 21*3500 = 73,500

Variable expenses 3500 units : 12.18*3500 = 42,630

Contribution margin = Sales-Variable expenses = 73,500-42,630

=$30,870

7 0
3 years ago
Orlando wants to become a certified public accountant. which career cluster is he interested in? a. manufacturing b. transport,
kap26 [50]

The fact that Orlando wants to become a certified public accountant means that the career cluster he is in is C. Finance.

<h3>What career cluster is accounting?</h3>

A career in accounting is found in the finance career cluster which deals with other subjects that have to do with financial services.

Apart from accounting, the finance cluster would include things like investment banking, banking, and credit analysis.

Find out more on career clusters at brainly.com/question/24613213.

#SPJ1

3 0
1 year ago
Beamish Inc., which produces a single product, has provided the following data for its most recent month of operations: Number o
LUCKY_DIMON [66]

Answer:

The answer is $ 218

Explanation:

Solution

Given that:

                       Description                             Amount

                       Direct materials                          $91

                 Direct labor                                       $85

Variable manufacturing overhead                     $7

Fixed manufacturing overhead

( $ 161,000/ 4,600 units)                                    $35

The unit product under absorption costing =  $218

Therefore, the absorption costing unit product cost is $218

6 0
3 years ago
Standards define the ____ performance of a product or service.
yarga [219]
Standards define the "Minimum acceptable"
performance of a product or service
3 0
3 years ago
Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $130. Limit Buy
Alenkinab [10]

Answer:

a. If a market buy order for 150 shares comes in, it will be filled at

= $128.65500 per share ($19,298.25 in total).

Explanation:

a) Data and Calculations:

                     Limit Buy Orders   Limit Sell Orders

Price Shares    $129.75400            $129.80150

Price Shares      129.70700              129.85150

Price Shares      129.65400            129.90300

Price Shares      129.60200            129.95150

Price Shares      128.65500            130.00000

The total purchase price for 150 shares = $19,298.25 ($128.65500 * 150)

b) An investor's Limit Buy Orders give the limit above which the shares cannot be exchanged for cash.  But below and at the limit amount, the shares can be bought in exchange for cash.  The investor's Limit Sell Orders give the limit below which the shares should not be sold in exchange for cash.  In other words, the shares can be sold at a price above the limit.

8 0
2 years ago
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