Answer:
correct option is B: $29,000
Explanation:
given data
apartments = 15
family homes = 45
office buildings = 25
pay for cleaning staff = $12.50/hour
solution
we get here Total Budgeted hours that is
type Number Hrs/Clean No of Cleans Total Hours
Apartments 15 4 4 240
Homes 45 6 4 1080
Office 25 10 4 1000
Total Budgeted hours need per month 2320
Budgeted cost per month that is 12.50/hrs so it will 29000
so correct option is B: $29,000
First, the value of each share rose by 2. So we have +2.
Then it fell by 5. So we have
2 - 5 = -3
Each share has a net value of negative 3.
Dave owns 15 shares. So,
15 * (-3) = -45.
So, there is a net loss of $45.
Answer:
a.
Debit Accounts Receivable $1,500
Credit Sales $1,500
b.
Debit Cash $1,500
Credit Accounts Receivable $1,500
Explanation:
On June 7, Pixer Co. sells $1500 of merchandise to Jasmine Co. on account.
Pixer's books records the sale by the entry:
Debit Accounts Receivable $1,500
Credit Sales $1,500
On June 21, Jasmine Co. pays for this merchandise. Pixer's books records the receipt of payment by the entry:
Debit Cash $1,500
Credit Accounts Receivable $1,500
Answer:
Debit : Dividends $50,000
Credit : Cash $50,000
Explanation:
Dividend calculation = 500,000 shares x $1 x 1/10 = $50,000
To record the dividend, the following entry is made :
Debit : Dividends $50,000
Credit : Cash $50,000
Answer:
Q = 450
P = 35
Explanation:
TR = P x Q = (75 - 0.1Q) x Q = -0.1Q2 + 75Q
Then, Cost = (30Q + 1,000)
Profit: Total revenue - C
-0.1q2 + 75Q - 30q - 1,000 = -0.1q2 + 45q - 1,000
as this is a quadratic function we identify a b c:
a= -0.1 b = 45 x = -1000
the profit maximum point is at the vertex:
-b/2a = -45/ 2(-0.1) = -45/-0.1 = 450
The profit maximize at Q = 450
P = 75 - 0.1x450 = 35
