Answer:
Maximum people attending program
Adult = 140
Student = 70
Explanation:
Provided information,
Maximum seating capacity in the theater = 210 people
For each pair of adult there must be at-least one student.
Thus, maximum revenue can be calculated as follows:
Fee for each adult = $10
Fee for each student = $5
For each combination of two adult and one student revenue = $10 + $10 + $5 = $25
Total people in each combination = 3
Thus number of combinations possible = 
Thus, number of adults attending program = 70 
2 = 140
Number of students = 70 1 = 70
Maximum amount = 140 $10 + 70 $5
= $1,750
Maximum people attending program:
Adult = 140
Student = 70
Answer:
Equilibrium quantity falls by 200 - 160 = 40 units
Explanation:
Below is the calculation for the quantity by which the equilibrium quantity falls.
Given the equilibrium quantity = 200 per month
Tax per bracelet = $5
Total tax revenue = $800
Number of bracelet on which tax imposed = 800 / 5 = 160
Thus equilibrium quantity falls by 200 - 160 = 40 units
Answer and Explanation:
The correct journal entry to record the impact of this tax rate change is shown Below:
Income Tax Expense $5,000
To Deferred Tax Assets $5,000
(being the income tax expense is recorded)
here the income tax expense is debited as it increased the expense and credited the deferred tax assets
So, the same should be considered
Project Status Meetings give the project managers an oppurtunity to seek input and conduct brainstorming sessions
Answer:
$46,800
Explanation:
Total overhead costs based on traditional systems of both products are: $52,000 +$78,000 = $130,000
Assuming that Perry Corporation applies the activity-based (setups and components) costing system instead of the traditional one, the overhead cost for the standard model can be calculated as following:
+) Overhead cost of each setup (for both products) = $52,000/(12 + 28) = $1,300
+) Overhead cost of each components (for both products)
= 78,000 / (8+12) = $3,900
=> Total overhead costs using activity - based costing system is:
<em>Total overhead costs = 1,300 x Number setups needed for standard model + 3,900 x Number of components needed for standard model</em>
<em>= 1,300 x 12 + 3,900 x 8 </em>
= $46,800
