Solutions
We know a used car is $ 5,000. You can drive 10, 000 miles per year in that car for 4 years. The care insurance per year would be $ 1,200. You know that you will spend $ 400 on maintenance. The gas will cost $ 4 per gallon and the car gets 25 miles per gallon.
⇒ (car) = $ 5,000
⇒ (Miles per year) = 10,000
⇒ ( Insurance per year) = $ 1,200
⇒ ( Maintenance ) = $ 400
⇒ (Gas) = $ 4 per gallon
To solve this problem we have to do
Total Cost = Cost Car + 4 × Car Insurance + 4 × Maintenance + 4 × Miles/Year ×<span> (cost/gallon) / (miles/gallon)
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We multiply by 4 since he figured out the car will last 4 years.
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Calculations
Total Cost = Cost Car + 4 × Car Insurance + 4 × Maintenance + 4 × Miles/Year ×<span> (cost/gallon) / (miles/gallon)
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Total Cost = (car) $5,000 + (Car Insurance) 4 × $1200 + (Maintenance) 4 × $400 + (cost/gallon) 4 × 10,000 (miles/gallon) × $4/25 = $17,800
Now we have to find per mile
We know that 10,000 miles = 1 year
To convert to 4 years multiply by 4 = 40,000 miles
<span>Cost/Mile = $17,800 / (40,000 miles)
= $0.445 / mile
= 44.5 cents per mile.
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Answer = <span>44.5 cents per mile.</span>
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Sales price $ 8.90 per unit Variable manufacturing cost $ 3.60 per unit Fixed manufacturing cost $ 2,500 total Fixed selling and administrative cost $ 1,000 total Finch planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 units.
1) Contribution format income statement:
Sales= 8,900
Variable costs= 3,600
Contribution margin= 5,300
Fixed MOH= 2,500
Fixed selling and administrative= 1,000
Net operating income= 1,800
2) Flexible budget
Sales= 26,700
Variable costs= 10,800
Contribution margin= 15,900
Fixed costs= 3,500
Net operating income= 12,400
The correct answer is meddles. The sentence will be phrased as, Tom frequently meddles in the 4 of his friends and family.
Medals are a noun which is defined as receiving a reward because of an achievement from a specific field.
Metals are inorganic objects such as Aluminium and others.
Mettles doesnt exist.
Answer:
Company A
The company's weighted average number of shares outstanding at the end of 2004 is:
= 53,188 shares.
Explanation:
a) Data and Calculations:
Date Description Weight Weighted Average
01/01/04 - 50,000 shares issued
and outstanding 12/12 = 50,000
04/01/04 - 5% stock dividend (2,500) 9/12 = 1,875
10/01/04 - 10% stock dividend (5,250) 3/12 = 1,313
Total weighted average number of shares = 53,188
Answer: Global citizens
Explanation: In simple words, an individual who have better understanding of the world operations than others are called global citizens. These individuals favor global activities with the perception that these will result in more equality around the world either directly or indirectly.
In the given case, Jane purchased a product because of its global nature despite of high prices. Therefore, she clearly is favoring globalization.
Hence, from the above we can conclude that the right option is A.