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3 years ago

If a person gets 5 dollars per week and they are saving for 200 dollars, how long until they reach their goal?

Business

2 answers:

Paha777 [63]3 years ago

6 0

Answer:

40 weeks

Explanation:

5$ = 1week

200$ = xweek

x = 200$/5$

x = 40weeks

Nezavi [6.7K]3 years ago

6 0

Answer: what I tried is playing with the numbers, 5 x 35, 5 x 30, 5x 25, etc. when you multiply 5 by 40, you will get the result of 200. so that would make it 40 weeks! that person will practically have to wait a year to get their desired savings lol

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PREPARE COST OF GOODS MANUFACTURED :

Beginning work in process 42000

Raw material consumed

Beginning raw material 38000

Add : raw material purchase 184500

Less : Ending raw material (52700)

Raw material consumed 169800

DIrect labour 42000

Factory overhead

Factory supplies used 16800

Factory utilities 10200

Depreciation factory equipment 16800

Indirect labour 48000

Property taxes 5500

Reent factory equipment 47000

Repairs factory equipment 4500

Total manufacturing overhead 148800

Total manufacturing cost 360600

Less : Ending work in process (52700)

Cost of goods manufactured

INCOME STATEMENT :

Sales revenue 1350000

Cost of goods sold

Beginning finished goods inventory 72550

Cost of goods manufactured 349900

goods available for sale 422450

Less : endin finished goods inventory (68800)

Cost of goods olsld (353650)

Gross profit 996350

Less : advertising expenses (54000)

Less : selling commission (40500)

Less : dep on office equipment (2400)

Less : office suppplies used (1600)

Less : other administrative exp (72000)

Less : Salaries exp (325000) (495500)

Net income 500850

BALANCE SHEET CURRENT SECTION :

ASSETS

Current assets

Cash 260000

Account receivable 275000

Prepaid exp 41250

Inventory

Raw material 52700

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Total current assets 750450

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