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o-na [289]
3 years ago
9

rachel Kauffman drove her suv 17,600 miles last year. if her cost per mile was $0.47 and her annual cost were $48.00 more than h

er annual fixed costs find her annual variable cost and annual fixed cost answer
Business
1 answer:
gulaghasi [49]3 years ago
6 0

Answer:

Annual Fixed cost is $4112 and

Annual Variable cost is $4150

Explanation:

Let Annual Fixed cost be "X", then

Let Annual Variable cost be " X + 48"

Therefore, X + X + 48 = 17 600 x $0.47

2X + 48 = 8224

2X = 8224

X = $4112

Then, X + 48 = 4112+48=4150

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Alvin's Transport has total credit sales for the year of $182,000 and estimates that 3% of its credit sales will be uncollectibl
goldfiish [28.3K]

Answer:

S/n      Account Title and Explanation      Debit     Credit

a.         Bad Debt Expense                         $5,460

            ($182,000 sales x 3%)

                   Allowance for Doubtful Accounts       $5,460

           (To record bad debt expense)

b.        Bad Debt Expense                         $5,460

            ($182,000 sales x 3%)

                   Allowance for Doubtful Accounts       $5,460

           (To record bad debt expense)

4 0
3 years ago
A stability strategy is a grand strategy that involves little or no significant organizational change. For example, Love Forever
zloy xaker [14]

Answer:

The correct answer is True.

Explanation:

A stability strategy seeks to remain as long as possible in the maturity phase (or stability) of the company, reaping the fruits of the investments made. A survival strategy seeks to survive in a hostile environment, while retaining its market share.

In general, stability and survival strategies are defensive strategies, that is, strategies that seek to maintain the competitive position achieved by the company. This fact does not mean that the company cannot grow; in fact, on many occasions, to maintain market share growth is necessary (sustainable growth). In other cases, these strategies involve a decrease (organizational downsizing, outsourcing or outsourcing of activities).

These strategies are designed for the level of corporate strategy, although they can also be adopted for competitive or business strategies, as they allow the analysis for each business or activity to which the company is engaged.

4 0
3 years ago
Read 2 more answers
Leiff goes online to buy a new video game. He finds a site that currently has a promotion of 15% off on all orders over $50. Lei
rjkz [21]

Answer:

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Explanation:

4 0
3 years ago
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Each year a cash grant is given to a deserving college student. The grant consists of the interest earned that year on a $440,00
Harlamova29_29 [7]

Answer:

The cash award will be equal;l to $444422.01

Explanation:

We have given amount invested P = $440000

Rate of interest r = 8.3%

Time t = 1 year

As the amount is compounded on daily basis

We know that 1 year = 365 days

So rate of interest r=\frac{1}{365}=0.00273 %

Time period n = 365

We know that final amount is equal to A=P(1+\frac{r}{100})^n

So A=440000(1+\frac{0.00273}{100})^{365}=444422.01$

So the cash award will be equal;l to $444422.01

6 0
4 years ago
Select the correct answer.
kondor19780726 [428]

Answer:

I went with c

Explanation:

3 0
3 years ago
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