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emmainna [20.7K]
3 years ago
15

Whispering Winds Corp. purchased a delivery van with a $52000 list price. The company was given a $4200 cash discount by the dea

ler and paid $2700 sales tax. Annual insurance on the van is $1400. As a result of the purchase, by how much will Whispering Winds Corp. increase its van account?
Business
1 answer:
Alex777 [14]3 years ago
4 0

Answer:

$50,500

Explanation:

Calculation for by how much will Whispering Winds Corp. increase its van account

Using this formula

Increase in Van account =List price- Cash discount + Sales tax paid

Let plug in the formula

Increase in Van account=$52,000-$4,200+2,700

Increase in Van account=$50,500

Therefore by how much will Whispering Winds Corp. increase its van account will be $50,500

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4 0
2 years ago
RLW-II Enterprises estimated that indirect manufacturing costs for the year would be $60 million and that 12,000 machine hours w
Montano1993 [528]

Answer: $3,150,000

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= $5,000 per hour

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3 years ago
What best determines whether a borrower’s interest rate on an adjustable rate loan goes up or down? a fixed interest rate a bank
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Three graduate business students are considering operating a fruit smoothie stand in the Harbor Springs, Michigan, resort area d
Leviafan [203]

Answer:

a. 8,000 + 1,000 + 3.2Q

b. 27,000 + 3.2Q

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Accounting cost function = Fixed Leasing and insurance cost + material cost and supplied cost

= 8,000 + 1,000 + 3.2Q

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Economic cost function  = Accounting cost + Opportunity cost

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= 27,000 ÷ 5 - 3.2

= 15,000 Units

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