Answer: $11564
Explanation:
Total units consumed for August = 96000
There's a peak demand of 624kw
Also, the May through October is 4.5 cents per kilowatt-hour for energy.
The August electric bill will then be:
= 96000 × 4.5/100 + 624 × 11.50 + 68
= (96000 × 0.045) + (624 × 11.50) + 68
= 4320 + 7176 + 68
= 11564
Answer:
B. In JIT purchasing, raw materials (or goods) are purchased so that products are delivered just as needed for production or sales.
Explanation:
JIT stands for Just in time management. It is an inventory management approach that advocates for the purchase of materials just when they are needed for production. In JIT, there is no storing of materials for use for future production. The purchase of materials is aligned with the production process.
The success of JIT is dependent on management ability to forecast sales volumes accurately. Management must work with reliable suppliers to ensure that materials are available when required. JIT lower's the cost of inventory management by eliminating the need to store huge quantities of materials. It reduces wastage by doing away with losses that arise due to the storage of bulk materials.
Answer:
The correct answer is A) $2.800
Explanation:
Using the straight-line method to depreciate, the calculation to find the depreciation tax shield is the following:
- Finding the depreciable cost:
![Depreciable cost = purchase price ($70,000) - salvage value ($14,000) = $56,000](https://tex.z-dn.net/?f=Depreciable%20cost%20%3D%20purchase%20price%20%28%2470%2C000%29%20-%20salvage%20value%20%28%2414%2C000%29%20%3D%20%2456%2C000)
- Finding the depreciation per year:
![Depreciation/year = \frac{Depreciable cost (56,000)}{Asset useful life (7 years)} = $8000](https://tex.z-dn.net/?f=Depreciation%2Fyear%20%3D%20%5Cfrac%7BDepreciable%20cost%20%2856%2C000%29%7D%7BAsset%20useful%20life%20%287%20years%29%7D%20%3D%20%248000)
- Finally, the depreciation tax shield for 2018:
![Depreciation tax shield = Dep/year ($8,000) * tax rate (0,35) = $2,800](https://tex.z-dn.net/?f=Depreciation%20tax%20shield%20%3D%20Dep%2Fyear%20%28%248%2C000%29%20%2A%20tax%20rate%20%280%2C35%29%20%3D%20%242%2C800)
Answer:
23%
Explanation:
The computation of the contribution margin ratio is shown below:-
Selling price per unit = $4,900,000 ÷ 4,025 units
= 1217.39
Contribution margin ratio = Contribution margin ÷ Selling price
= $280 ÷ 1217.39
= 23%
Therefore for computing the contribution margin ratio we simply divide selling price by contribution margin.
Answer: Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance required and no interest earning.
Explanation:
I searched further online and got the options. The correct option will be "Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance Required and no interest earning"
Since Megg has an opening balance of 300, she can't open a account that requires a minimum balance of 400. Likewise, it'll be unwise to charges $6 monthly when the balance in the account falls below 300.
Therefore, she should open this account with a monthly fee of $4 and no minimum monthly balance required since the cost of keeping the account is cheaper and better than others.