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nexus9112 [7]
3 years ago
12

Ashlynn heard that as a general rule, she should spend no more than one week's pay on rent. If Ashlynn's salary is $32,400 per y

ear, what is the maximum amount per month that she should spend on rent?
A. $623
B. $750
C. $575
D. $828
Business
2 answers:
Trava [24]3 years ago
4 0
The answer is A.$623.
NemiM [27]3 years ago
3 0

Answer:

A. $623

Explanation:

The case says that Ashlynn has a salary of $32,400 per year. So, to find the amount she earns per week you need to divide the salary she gets per year by the number of weeks a year has that are 52:

$32.400/52= $623

As the case says that she should spend no more than one week's pay on rent, the maximum amount per month that she should spend is $623.

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Tanya Company has the following​ information: Accounts​ Receivable, January​ 1, 20xx ​$230,000 Accounts​ Receivable, December​ 3
laiz [17]

Answer:

$2,626,000

Explanation:

The computation of  collections from customers is shown below:

Ending balance of accounts receivable = Beginning balance + credit sales - customers’ accounts collected - write off amount

$400,000 = $230,000 + $1,810,000 - customers’ accounts collected - $14,000

$400,000 = $2,026,000 - customers’ accounts collected

So, the customer account collected would be

= $2,026,000 - $400,000

= $1,626,000

And, the cash sales is $1,000,000

So, the total amount collected would be

= $1,626,000 + $1,000,000

= $2,626,000

Since the question does not specify anything. So we take both the cash sales and the credit sales

5 0
3 years ago
The Ring Division of A1d-Y6z Company reported the following information for May: selling price per unit .................... $35
Travka [436]

Answer:

52,000 units

Explanation:

Selling price = $35*40,000 = $1,400,000

Variable cost = $12 * 40,000 = $480,000

Contribution margin = $1,400,000 - $480,000 = $920,000

Fixed cost = Residual income + Contribution

Fixed cost = $920,000 - $229,600

Fixed cost = $690,400

Sales to earn residual income = [Fixed cost + Desired profit] / Contribution per unit

Sales to earn residual income = [$690,400 + $505,600] / $35 - $12

Sales to earn residual income = $1,196,000 / $23

Sales to earn residual income = 52,000 units

7 0
3 years ago
The master budget of Swifty Corporation shows that the planned activity level for next year is expected to be 50000 machine hour
anygoal [31]

Answer:

$1,068,000

Explanation:

The computation of the total manufacturing overhead cost should be

Total variable manufacturing overhead for 50,000 machine hours is

= Indirect labor + Machine supplies +Indirect materials

= 630,000+90,000+120,000

= $840,000

Now  

Variable manufacturing overhead per machine hour is

= Total variable manufacturing overhead cost ÷ Number of machine hours

= $840,000 ÷ 50,000

= $16.80

And,

Total variable manufacturing overhead for 60,000 machine hours

= Variable manufacturing overhead per machine hour × 60,000

= $16.80 × 60,000

= $1,008,000

Now the total manufacturing overhead cost should be  

= 1,008,000  + 60,000

= $1,068,000

4 0
3 years ago
Operating Leverage
amid [387]

Answer:

Degree of operating leverage= 1.4

Explanation:

Giving the following information:

Sales $6,160,000

Variable costs (4,620,000)

Contribution margin $1,540,000

Fixed costs (440,000)

Operating income $1,100,000

<u>To calculate the degree of operating leverage, we need to use the following formula:</u>

degree of operating leverage= Total contribution margin / operating income

degree of operating leverage= 1,540,000 / 1,100,000

degree of operating leverage= 1.4

3 0
3 years ago
Last year, 46% of business owners gave a holiday gift to their employees. A
Liono4ka [1.6K]

Answer:

a. 15

b. Since is a left tailed test the p value would be:

p_v =P(Z<-3.263)= 0.000551

Explanation:

a. 25% of 60 businesses surveyed=

25/100 x 60= 15

b. See attached image for solution

7 0
3 years ago
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