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4 years ago

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

Business

1 answer:

Tcecarenko [31]4 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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Indicate which of the transactions in the following table will be included in (that is, directly increase) the GDP of the United

Zina [86]

Answer:

1. NOT INCLUDED IN THE GDP, TREETOPPLERS PRODUCES INTERMEDIATE GOODS, NOT FINAL GOODS.

2. NOT INCLUDED IN THE 2017 GDP, IT WOULD BE INCLUDED IN THE 2018 GDP SINCE THE SERVICE WAS FINISHED IN APRIL 2018.

3. INCLUDED IN THE GDP, A HAMBURGER IS A FINAL GOOD THAT FALLS UNDER PRIVATE CONSUMPTION.

4. NOT INCLUDED IN THE GDP, IMPORTS ACTUALLY DECREASE THE GDP SINCE THEY DECREASE NET EXPORTS.

5. INCLUDED IN THE GDP, A TABLE IS A FINAL GOOD THAT FALLS UNDER PRIVATE CONSUMPTION.

4 0

3 years ago

Copper Burgers sells burgers with 0.5 lb meat on each burger. They expected to buy meat a $2.45/lb, but actually ended up paying

andreyandreev [35.5K]

Answer:

Direct material quantity variance= $4.9 unfavorable

Explanation:

Giving the following information:

Copper Burgers sells burgers with 0.5 lb meat on each burger. They expected to buy meat a $2.45/lb.

They made 100 burgers this week, and used 52 lbs of meat.

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 0.5*100= 50

Direct material quantity variance= (50 - 52)*2.45

Direct material quantity variance= $4.9 unfavorable

5 0

3 years ago

Your 7-year-old sister and 5 of her friends open a lemonade stand every summer. This past summer, they made $40 per day for 45 d

horsena [70]

Answer:

Her contribution was $300 and total contribution was $1,800

Explanation:

Gross Domestic Product is the value of goods and services which is produced or performed in the specific period. The value included in the GDP is the gross value of sales minus the costs associated to make it. In this question they made $40 per day it means they earned the return of $40 per day after deducting all the expenses from sales amount.

So, total contribution will be

Total = $40per day x 45 days = $1,800

Her contribution = $1,800 / 6 = $300

5 0

4 years ago

Over the last week, you had 50 customers who bought a total of 40 hotdogs at $2.00, 10 grilled cheeses at $4.00, and 5 cheesebur

kobusy [5.1K]

$3.20

Take the total sales divided by total customers.

Sales of hotdogs 40* $2 = $80

of grilled cheese 10* $5 = $50

of cheeseburgers 5 * $6 = $30

Total sales $160/50 customer = $3.20/per customer

4 0

3 years ago

Pete makes $825.00 a week. His employer deducts 7.65% for FICA. How much money is the employer deducting?

sattari [20]

Answer:

$63.11

Explanation:

FICA stands for Federal Insurance Contribution Act. It is a combination of two taxes that find Medical health insurance and social security benefits. The employees deduct and withhold FICA from the employee paycheck.

If Pete makes $825 per week

the employer will deduct 7.65% of $825

=7.65/100 X $825

=0.0765 x $825

=$63.1125

6 0

3 years ago