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sveta [45]
3 years ago
9

Charles Johnson has to make a deposit in his savings account. He has one $20 bill, two $5 dollar bills, seven $1 bills, six quar

ters, and five dimes. If Charles wants to deposit the entire amount, how much will he deposit in total?
Business
1 answer:
ivolga24 [154]3 years ago
8 0

Answer:

Total deposit is $39

Explanation:

Given

\$20\ bills = 1

\$5\ bills = 2

\$1\ bills = 7

Quarters = 6

Dimes = 5

Required

Determine the total

To do this, we simply multiply each dollar bill or coin with its frequency and add up the results.

i.e.

Total = 1 * \$20 + 2 * \$5 + 7 * \$1  + 6 * Quarters + 5 * Dimes

Total = \$37  + 6 * Quarters + 5 * Dimes

1\ quarter = \$0.25

1\ dime = \$0.1

So:

Total = \$37  + 6 * \$0.25+ 5 * \$0.1

Total = \$37  + \$2

Total = \$39

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3 years ago
At a sales volume of 40,000 units, Carne Company's sales commissions (a cost that is variable with respect to sales volume) tota
Flura [38]

Answer:

c. $480,930

Explanation:

In this method we applied the unitary method

Given that

Sales volume = 40,000 units

Sales = $492,000

Sales volume = 39,100 units

Sales = ?

So, by considering the given information, the sales for 39,100 units would be

= Sales × updated sales units ÷ last sales units

= $492,000 × 39,100 units ÷ 40,000 units

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7 0
3 years ago
On December 31, 2019, Coolwear, Inc. had a balance in its supplies account of $48,400. During 2020, $86,000 was paid for new sup
Luden [163]

Answer:

$92,400

Explanation:

Supplies expense for 2020 would be calculated as;

= Ending balance in supplies account on December 31, 2019 + Payment for new supplies in 2020 - Balance in supplies account at the end of year 2020

Given that ;

Ending balance in supplies account = $48,400

Payment for new supplies = $86,000

Balance in supplies account at the end of year 2020 = $42,000

Therefore,

Supplies expense for 2020

= $48,400 + $86,000 - $42,000

= $92,400

6 0
3 years ago
Last year, Buckner &amp; Jones Company incurred the following costs: Direct materials $42,000 Direct labor 63,000 Manufacturing
Anon25 [30]

Answer:

Option (D) is correct.

Explanation:

Given that,

Direct materials = $42,000

Direct labor = 63,000

Manufacturing overhead = 94,500

Selling expenses = 25,200

Administrative expenses = 23,100

Buckner & Jones produced and sold 2,060 units at a sales price of $131.25 each.

Total period expense:

= Selling expenses + Administrative expenses

= $25,200 + $23,100

= $48,300

Therefore, the total period expense was $48,300.

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4 years ago
A budget is used to do which of the following
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Answer:

A budget is a financial plan used to estimate future income and expenses. The budgeting process may be carried out by individuals or by organizations. Budgets help an entity determine whether it can continue to operate with its projected income and expenses.

Explanation:

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6 0
3 years ago
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