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Pachacha [2.7K]
3 years ago
15

The cost of goods sold includes $1,200,000 of fixed manufacturing overhead; the operating expenses include $100,000 of fixed mar

keting expenses. A special order offering to buy 50,000 units for $7.50 per unit has been made to Tram. Fortunately, there will be no additional operating expenses associated with the order and Tram has sufficient capacity to handle the order. How much will operate profits be increased if Tram accepts the special order

Business
1 answer:
denpristay [2]3 years ago
3 0

Answer:

net income increase = $ 100,000

Explanation:

Find the attachment

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Gilbert Company made an ordinary repair to a delivery truck during 2016 at a cost of $500 and capitalized the repair cost. What
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Answer:

The answer is:

Asset will be overstated

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Because of the incorrect capitalization(the process of converting or adding to a firm's asset):

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What is plagarism in a essay ​
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Considering your program options is step _______________ of the planning process.
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3 years ago
Louise McIntyre's monthly gross income is $2,000. Her employer withholds $400 in federal, state, and local income taxes and $160
GREYUIT [131]

Answer:

a) 27.2%

b) No

Explanation:

Given:

Monthly gross income = $2,000

Federal, state, and local income taxes = $400

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IRA per month = $80

Monthly credit payments for Visa, = $35

Monthly credit payments for MasterCard, = $30

Monthly credit payments for Discover cards = $20

Automobile loan payment = $285

Now,

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= $2,000 - ( $400 + $160 ) - $80

= $1,360

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= ( $35 + $30 + $20 ) + $285

= $370

Therefore,

Debt payments-to-income ratio = \frac{\textup{Debt payments}}{\textup{Net income
}}

= \frac{\textup{370}}{\textup{1,360}}

= 0.272

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= 0.272 × 100% = 27.2%

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Hence, Louise is not living within her means

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