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7nadin3 [17]
2 years ago
5

Rates for having a manuscript typed at a certain typing service are $5 per page for the first time a page is typed and $3 per pa

ge each time a page is revised. If a certain manuscript has 100 pages, of which 40 were revised only once, 10 were revised twice, and the rest required no revisions, what was the total cost of having the manuscript typed?(A) $430
(B) $620
(C) $650
(D) $680
(E) $770
Business
1 answer:
Phoenix [80]2 years ago
4 0

Answer:

Correct option is (D)

Explanation:

Given:

Cost for typing for the first time = $5 per page

Cost of revision = $3 per page each time.

Number of pages in the manuscript = 100

Cost of typing 100 pages for the first time = 100 × 5 = $500

Cost of 40 pages revised once = 40 × 3 = $120

Cost of 10 pages revised twice = 10 × (3 × 2) = $60

Total cost of manuscript = 500 + 120 + 60

                                         = $680

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On December 1, Macy Company sold merchandise with a selling price of $9,000 on account to Mrs. Jorgensen, with terms 4/10, n/30.
Marysya12 [62]

Answer:

B) Debit Sales Revenue for $7,968, debit Sales Discounts for $332, and credit Accounts Receivable for $8,300.

Explanation:

The journal entry is shown below:

Cash A/c Dr                   $7,968

Sales Discount A/c Dr $332

     To  Accounts receivable    $8,300

(Being cash received recorded)

The computation of the account receivable  

= Credit sales - returned goods

= $9,000 - $700

= $8,300

And, the discount would be

= Accounts receivable × percentage given

= $8,300 × 4%

= $332

The remaining amount would be credited to the cash account.

8 0
2 years ago
You have been pricing an MP3 player in several stores. Three stores have the identical price of $300. Each store charges 24 perc
Valentin [98]

Answer:

a. $5

b. $4

c. $6

Explanation:

a. store A?

Beginning balance = $300

Ending balance = $300 - $100 = $200

Average balance = ($300 + $200) ÷ 2 = $250

Monthly APR = 24% ÷ 12 = 2%

June finance charge = Average balance × Monthly APR = $250 × 2% = $5

b. store B

June finance charge = (Beginning balance - Payments) × Monthly APR = ($300 - $100) × 2% = $4

c. store C?

June finance charge = Beginning balance × Monthly APR = $300 × 2% = $6

8 0
3 years ago
True or false: Without knowing the future, it is best to have a cost structure with high variable costs.
konstantin123 [22]

Answer:False

Explanation:It is not obvious which cost structure is better, both have advantages and disadvantages

7 0
2 years ago
रचनात्मक र नविन्तम अबधारण लेख्नुहोस। नयाँ ब्यब्साय विभिन्न विधि हरु ब्य्ख्य गर्नुहोस​
dem82 [27]

Answer:

लेख्नुहोस। नयाँ ब्यब्साय विभिन्न विधि हरु ब्य्ख्य गर्नुहोस​

Explanation:

4 0
3 years ago
Chez Fred Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. During 2
yan [13]

Answer:

$50,120

Explanation:

Account receivable on December 31, 2021 × 3% = 600

Account receivable on December 31, 2021 = $600 ÷ 3% = $20,000

Accounts receivable on January 1, 2021 = $20,000 - $118,000 + $148,000 + $120 = $50,120

Therefore, the balance of accounts receivable on January 1, 2021 is $50,120.

5 0
3 years ago
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