Answer:
The volume of water needed=0.86 liters
Explanation:
Step 1: Form an equation
The equation can be expressed as follows;
(Ac×Va)+(Wc+Vw)=Fc(Va+Vw)
where;
Ac=initial concentration of antifreeze
Va=volume of antifreeze in liters
Wc=concentration of water
Vw=volume of the water in liters
Fc=final concentration of the antifreeze
This expression can be written as;
(concentration of antifreeze×volume of antifreeze in liters)+(concentration of water×volume of the water)=final concentration of the antifreeze(volume of antifreeze in liters+volume of the water in liters)
In our case;
Ac=45%=45/100=0.45
Va=3 liters
Wc=0
Vw=unknown
Fc=35%=35/100=0.35
Replacing;
(0.45×3)+(0×Vw)=0.35(3+Vw)
1.35=1.05+0.35 Vw
0.35 Vw=1.35-1.05
0.35 Vw=0.30
Vw=0.3/0.35=0.86
Vw=0.86 liters
The volume of water needed=0.86 liters
Answer:
Accounting rate of return is 10%
Explanation:
Given data
new machine = $48,000
sales = $16,000
time = 10 year
depreciation = $4,000 / year
factory overhead = $8,000 + depreciation $4,000
net income = $2400
tax rate = 40%
to find out
accounting rate of return for the machine
solution
we know that
Accounting rate of return = after tax net income / average investment
so here we know net income after tax = $2400
so we find investment first
Average investment = (Initial investment) / 2
Average investment = 48000 / 2 = $24000
so
Accounting rate of return = after tax net income / average investment
Accounting rate of return = 2400 / 24000 = 0.1 = 10%
Accounting rate of return is 10%
Complete Question:
As compared to a traditional income statement format, an income statement organized by cost behavior does not include:
a contribution margin.
b cost of goods sold.
c operating income.
d revenues
Answer:
As compared to a traditional income statement format, an income statement organized by cost behavior does not include:
b cost of goods sold.
Explanation:
Cost behavior describes the classification of costs into four main patterns because of the way they respond to changing activity levels. The four basic cost behavior patterns are fixed, variable, mixed (semi-variable), and step. These cost behavior patterns remain valid within the relevant production and sales range or activity level or volume.
Answer:
Variable overhead efficiency variance= $600 unfavorable
Explanation:
Giving the following information:
Standard rate per direct labor-hour $2
Standard direct labor-hours for each unit produced 3
Units manufactured 1,000
Actual direct labor-hours worked during the month 3,300
<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>
<u></u>
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Variable overhead efficiency variance= (1,000*3 - 3,300)*2
Variable overhead efficiency variance= $600 unfavorable