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3 years ago

All That Blooms provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.

Business

1 answer:

Ivanshal [37]3 years ago

6 0

Answer and Explanation:

The computation is shown below:

Total fixed costs is

= depreciation + advertising + insurance

= 1224 + 153 + 1683

= $3060 per month

Now

Total variable cost per unit

= weed + direct labor + fuel

= 10 + 8 + 2

= $20/ per lawn

Now

Contribution margin ratio = (sales per unit - variable cost per unit) ÷ sales per unit

= ($50 - $20) ÷ 50

= 60%

Now

Breakeven sales is

= fixed costs ÷ contribution margin ratio

= $3,060 ÷ 60%

= $5100

And,

Breakeven sales units is

= breakeven sales ÷ sales per unit

= 5100 ÷ 50

= 102 lawns

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Managers find operation costing useful in cost management because it: A. focuses on control of physical processes of a given pr

kirill [66]

Answer:

The answer is option C) Managers find operation costing useful in cost management because it uses job costing to account for the conversion costs and process costing for the material and customizable components.

Explanation:

Operation costing is a mix of job costing and process costing,

In Process Costing, each process or stage of production is costed separately. while Job costing is used to calculate and assign the total cost of materials, labor, and overhead of a specific job.

The manufacture of a product may consist of several operations. In Operation Costing, costs are collected for each operation instead of each process or stage of manufacture.

Therefore, Managers find operation costing useful in cost management because it uses job costing to account for the conversion costs and process costing for the material and customizable components.

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4 years ago

Breakin Away Company has three employees—a consultant, a computer programmer, and an administrator. The following payroll inform

alekssr [168]

Answer:

Gross pay:

consultant $4,000
computer programmer $3,300
administrator $2,800

Net pay:

consultant $2,767.98
computer programmer $2,295.48
administrator $1,993.98

Explanation:

regular earnings overtime withholding

allowances

Consultant $4,000 per week N/A 2

Computer programmer $60 per hour 1.5 1

Administrator $50 per hour 2 2

computer programmer worked 50 hours = ($60 x 40) + ($60 x 10 x 1.5) = $3,300

administrator worked 48 hours = ($50 x 40) + ($50 x 8 x 2) = $2,800

Social security taxes:

Consultant = 6% x $4,000 = $240
Computer programmer = 6% x $3,300 = $198
Administrator = 6% x $2,800 = $168

Medicare taxes:

Consultant = 1.5% x $4,000 = $60
Computer programmer = 1.5% x $3,300 = $49.50
Administrator = 1.5% x $2,800 = $42

Federal income taxes:

Consultant: amount subject to withholding = $4,000 - (2 x $75) = $3,850. Federal income taxes = $356.90 + [28% x ($3,850 - $1,796) = $932.02
Computer programmer = amount subject to withholding = $3,300 - (1 x $75) = $3,225. Federal income taxes = $356.90 + [28% x ($3,225 - $1,796) = $757.02
Administrator = amount subject to withholding = $2,800 - (2 x $75) = $2,650. Federal income taxes = $356.90 + [28% x ($2,650 - $1,796) = $596.02

Gross pay:

consultant $4,000
computer programmer $3,300
administrator $2,800

Net pay:

consultant $4,000 - ($240 + $60 + $932.02) = $2,767.98
computer programmer $3,300 - ($198 + $49.50 + $757.02) = $2,295.48
administrator $2,800 - ($168 + $42 + $596.02) = $1,993.98

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4 years ago

Which payment method typically charges the highest interest rates

Wittaler [7]

What payment method typically charges the highest interest rates?

pay day loans

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3 years ago

Brewster’s is considering a project with a 5-year life and an initial cost of $120,000. The discount rate for the project is 12

Ket [755]

Answer:

NPV = $27,792

Explanation:

Net Present Value = Present Value of Future Cash Flows - Initial Investments

To compute the Present value of Future Cash Flows, we need to first compute the cash inflows during the life of the project:

Year 1: 2,100 * 20 = $42,000

Year 2: 2,100 * 20 = $42,000

Year 3: 2,100 * 20 = $42,000

The units of Year 4 and Year 5 are calculated as follows:

⇒ (0.5 * 1,400) + (0.5 * 2,500) = 1,950 units

Year 4: 1,950 * 20 = $39,000

Year 5: 1,950 * 20 = $39.000

Now, discount the cash inflows at a rate of 12% to calculate the Present Value of Future Cash Flows

⇒ 42,000 + 42,000+ 42,000 + 39,000 + 39,000

(1.12)^1 (1.12)^2 (1.12)^3 (1.12)^4 (1.12)^5

⇒ 37,500 + 33,482 + 29,895 + 24,785 + 22,130

⇒ $147,792

Net Present Value = Present Value of Future Cash Flows - Initial Investments

NPV = 147,792 - 120,000

NPV = $27,792

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3 years ago

In one to two sentences, name some values, interests, skills, or personality traits that could play a role in your career decisi

Angelina_Jolie [31]

Your will, determination, your passion for doing a particular thing should decide the career you should opt for.

Explanation:

While picking a vocation it is indispensable to have a decent understanding on what your qualities, interests, abilities and character characteristics are. To know altogether what are the things that you appreciate doing, what are the things that you are acceptable at and what you esteem most in your life will present to you a bit nearer into the correct vocation way.

So before picking a vocation consider the abilities you have obtained for an incredible duration, consider what of your inclinations can be transform into an expert profession and consider your character inclinations and basic beliefs so you recognize what kind of expert you seek to be.

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3 years ago

Read 2 more answers