It is not possible that she spent $320 for the second purchase, this is because the prices of the books and the video games did not change.
In her first purchase, Marrillia bought 4 books and 3 videos and in her second purchase, she bought double of the products she bought in the first purchase, that is, 8 books and 6 videos. Since there is no price change in the products, Marilla must have spend $360 [$180 * 2] in her second purchase.
Answer:
The estimated bad debt expense using the percentage of credit sales method is $4,250.
Explanation:
Credit losses = Net credit sales * Historical percentage of credit losses = $122,500 * 4% = $4,900
Allowance for doubtful accounts has a credit balance = $650.
The estimated bad debt expense can therefore be calculated as follows:
Bad debt expense = Credit losses - allowance for doubtful accounts credit balance = $4,900 - $650 = $4,250
Therefore, the estimated bad debt expense using the percentage of credit sales method is $4,250.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Each unit requires 0.25 direct labor-hours and direct laborers are paid $14.00 per hour. In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $95,000 per quarter.
Direct labor per unit= 0.25*14= $3.5
Direct labor equation= 3.5*x
x= units produced
For example:
100 units
Direct labor= 3.5*100= $350
Answer:
option (C) 16
Explanation:
Data provided in the question:
Utility function is 
Number of tapes
Number of tape recorders
Amount of money
Left to spend

is 1 or greater.
The price of tapes is $1
The question states that she has one tape recorder. i.e.,

which means that
(since
then 

and

we take 
condition for utility maximizing is.





Hence, answer is option (C) 16
Answer:
Explanation:
• Ms. Vello earned $127,200 income this year. Compute her city income tax and determine her average tax rate.
Ms. Vello's tax is calculated as:
= $72,200 × 7%
= $72000 × 0.07
= $5054
Her average tax rate will be:
= $5,054/$127,200
= 3.97%
• Mr. Sui earned $68,900 income this year. Compute his city income tax and determine his average tax rate.
Mr. Sui's tax will be:
= $13,900 × 7%
= $13900 × 0.07
= $973
His average tax rate will be:
= $973/$68,900
= 1.41%
• Does Willford have a proportionate, progressive, or regressive tax rate structure
Willford has a progressive tax rate. This is because as the base rises, the tax rate also increases. The higher the income, then the higher the tax rate will also be.