Because a lot of modern technology mimics traditional technology, it just got faster and better
Cost-volume-profit analysis can be extended to determine the effect on profit of other changes, such as changes in Income Tax rates.
<h3>What is
Cost-volume-profit analysis?</h3>
An approach to determining how changes in variable and fixed expenses impact a company's profit is through cost-volume-profit (CVP) analysis.
Companies can utilize CVP to determine how many units they must sell to attain a specific minimum profit margin or break even (pay all expenditures).
CVP analysis makes a number of presumptions, among them the constancy of the sales price, fixed costs, and variable costs per unit.
where:
FC=Fixed costs
CM=Contribution margin=Sales−Variable Costs
Simply add a goal profit per unit to the fixed-cost part of the calculation and use it to calculate a company's target sales volume.
To know more about CVP Analysis refer to: brainly.com/question/15001199
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Solution:
Total number of seats in the plane = 57
From MSY to DFW = 44 passangers
From DFW to OKL = 49 passangers
From OKL to TUL = 36 passangers
From TUL to FWB = 30 passangers
From FWB to MYS = 49 passangers
So the average number of seats filled per flight
= (44+49+36+30+49) / 5
= 208/5
= 41.6
For the last 5 flights Load factor = Average number of seats filled per flight / Total number of seats in the plane
= 41.6 / 57
= 0.7298
= 72.9%
So for the last five flights the load factor was 72.9%
The marginal tax rate is the number that the government sets for people to pay. The effective tax rate is the number that people actually pay for their taxes after deductions.
Answer:
The correct answer is letter "B": reported on the balance sheet as a deduction from the cost of the mineral deposit.
Explanation:
Depletion refers to an accounting method used to allocate extraction costs for quarrying minerals or any other natural resource such as oil. Only when the costs of the resource were capitalized, the costs of the extraction are allocated over the periods when they were extracted. The allowance can be registered as a percentage or a cost.
<em>On the balance sheet, depletion is deducted from the cost of the mineral deposit of the firm.</em>