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Mashcka [7]
3 years ago
14

Suppose you buy lunch for $16.60 that includes a 8% sales tax. How much did the restaurant charge you for the lunch (excluding a

ny tax) and how much does the restaurant owe for sales tax?
Business
1 answer:
Valentin [98]3 years ago
4 0

Answer: You were charged $15.37 pre tax

Restaurant will pay $1.23 in sales taxes

Explanation:

We are going to have to use our trusted friend Algebra to solve this one.

In calculating the amount paid for the lunch without any taxes we will say that "x" is the amount that you paid without taxes. Putting it in an equation would be,

16.60 = x * 1.08

16.60 = 1.08x

x = 16.60/ 1.08

= 15.37

You were charged $15.37 without taxes.

To calculate how much the restaurant is to pay in taxes you can just subtract the post tax and pre tax figures which would be,

= 16.6 - 15.37

= $1.23

Restaurant will pay $1.23 in taxes.

If you need any clarification do react or comment.

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Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 5 pounds
nadezda [96]

Answer:

Calculate the contribution margin per pound for each of the three products.

  • K1 = $17.80 per lb
  • S5 = $8.70 per lb
  • G9 = $10.50 per lb

Orders for which product should be produced and filled first, then second, and then third?

  • K1 orders should be placed first, G9 orders should be placed second and S5 orders should be placed last.

Explanation:

52,900 pounds of material are available

  • K1 uses 5 pounds of the material
  • S5 uses 2.7 pounds of the material
  • G9 uses 5.3 pounds of the material

contribution margin per unit:

  • K1 = sales price - variable costs = $172 - $89 = $89
  • S5 = $100.49 - $77 = $23.49
  • G9 = $189.65 - $134 = $55.65

contribution margin per pound of material:

  • K1 = $89 / 5 lbs = $17.80 per lb
  • S5 = $23.49 / 2.7 lbs = $8.70 per lb
  • G9 = $55.65 / 5.3 lbs = $10.50 per lb

3 0
2 years ago
_________ is the technique of creating drawings using rulers, compasses, and computers to communicate how something functions or
ElenaW [278]
<span>Computer Aided Design (CAD) utilizes computers, digital drawing surfaces and rulers to help people make construction.</span>
8 0
3 years ago
Tucan Company manufactures a product requiring 0.5 ounces of platinum per unit. The cost of platinum is approximately $300 per o
spin [16.1K]

Answer:

$163,200

Explanation:

Tucan Company

Purchase Budget for the Month of August

Production Requirement ( 11,00 x  0.5 )          550

Add Closing inventory ( 980 x 0.5 x 10%)         49

Total                                                                  599

Less Opening Inventory ( 11,00 x 0.5 x 10%)   (55)

Materials Required                                          544

Cost $300

Total Cost                                               $163,200

5 0
3 years ago
Unlike traditional manufacturing, flexible manufacturing: a. decreases efficiency. b. lowers unit costs. c. allows the productio
loris [4]

Answer:

The correct answer is letter "B": lowers unit costs.

Explanation:

Traditional manufacturing is the production process by which companies produce goods part to be delivered for sale and part to have them stored in case of shortages which could increase inventory costs.  

Flexible manufacturing concentrates on using technology for mass-production of products characterized to be subject to rapid market changes. <em>Flexible manufacturing saves money in labor costs, thus, lowers the unitary costs of the output.</em>

4 0
3 years ago
The ____ flow of information needed from the CSIRT to organizational and IT/InfoSec management is a critical communication requi
Softa [21]

Answer:

The answer to this question is Upward.

Explanation:

CSIRT is at lower level then the organizational and IT/infoSec management in the hierarchical structure.

So if the CSIRT sends some information to organizational and IT/infoSec the flow should be considered as upward flow.

Hence we that the answer to this question is upward.

7 0
3 years ago
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