1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
allochka39001 [22]
2 years ago
14

The sales tax in Massachusetts is 5%. Joanne bought a wood stove with a sales tax of $15. What was the cost of the wood stove be

fore tax
Business
1 answer:
Leya [2.2K]2 years ago
7 0

Answer:

$315

Explanation:

The before-tax cost of the wood stove would comprise of 100% sales price plus 5% sales tax as hinted.

If 5%=$15=sales tax

before-tax sales price=100% sales price+5% sales tax

before-tax sales price=105%

sales tax of 5%=$15

1%=$15/5

1%=$3

105%=$3*105

105%(before tax sales price)=$315

You might be interested in
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president h
lana [24]

Answer:

Explanation:

Variance analysis studies the relationship between actual and budgeted cost for business activities. Variance analysis helps the management in two ways;

  • Favorable
  • Unfavorable

Favorable - if the actual cost incurred is less than the budgeted cost, the difference amount is a saving for the company.

Unfavorable - if the actual cost is more than the budgeted cost, the difference is an extra expenditure for the company.

Flexible budget;

  • The flexible budget is prepared at different levels of volume that was initially projected by the master budget.
  • It is highly styled and more useful than the master budget.

The report showing the Activity and Spending  Variances for march is given in the file attached below, in other not to cause confusion. Thank you.

Download docx
3 0
3 years ago
A plant asset was purchased on January 1 for $140000 with an estimated salvage value of $20000 at the end of its useful life. Th
alukav5142 [94]

Answer:

useful life= 12 years

Explanation:

Giving the following information:

Purchase price= $140,000

Salvage value= $20,000

Annual depreciation= $10,000

<u>To calculate the useful life, we need to use the straight-line method formula:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

10,000= (140,00 - 20,000) / useful life

10,000useful life = 120,000

useful life= 120,000 / 10,000

useful life= 12 years

4 0
3 years ago
Moral entrepreneurs people who wage moral crusades to control criminal law are a part of which view of crime?​
Sindrei [870]
Moral entrepreneurs people who wage moral crusades to control criminal law so that it reflects their own personal values. Criminals are driven by unconscious thought patterns, developed in early childhood, that control <span>behaviors over the life course.</span>
4 0
2 years ago
It is well-known that retaining an existing customer is far less expensive than acquiring a new one, so you suggest that the own
leva [86]

Answer:

internal and external data

Explanation:

Big Data analysis can be regarded as one that contains massive amounts of data as well as complex analysis.

Internal data can be regarded as information that is been generated from within the business these could contains some areas like operations as well as maintenanc and personnel.

External data on other hands are attributed to the market, as well as from customers and from the firms competitors, it could be gotten from survey. All for increasing profitability.

4 0
2 years ago
An activity variance is due to the difference between the level of activity used in the flexible budget and the actual level of
andrezito [222]

Answer:

a. True

Explanation:

The Activity variance is based on the difference in actual level of activity used in flexible budget and the level of activity accounted in the planning or master budget

8 0
3 years ago
Other questions:
  • What is the most common reason for failure to pay regular child support as indicated by the text?
    8·1 answer
  • Which of the following best describes business impact analysis?
    10·1 answer
  • Sharon, who works in accounting, noticed that the accounting records of her firm drastically overstated the amount of inventory
    11·1 answer
  • Do you think celebrities would use Brainly?
    13·1 answer
  • The traditional view of monopolistic competition holds that this type of industrial structure is inefficient because a. more adv
    14·1 answer
  • Sandra is a production manager at a soda manufacturing and bottling plant. One of her duties is to create a monthly inventory re
    15·1 answer
  • Kat is willing to pay $900 for 25 bottles of grape wine. The market price of 15 boties of grape wine is $390. Because of an incr
    5·1 answer
  • Green Valley Steel had sales of $1,000,000 and collections of $760,000, leaving a balance of $240,000 in accounts receivable as
    11·2 answers
  • Suppose you win $1 million in a lottery and your winnings are scheduled to be paid as follows: $400000 at the end of one year, $
    5·1 answer
  • _____ are the materials and resources as they are transformed by an organization's technology component.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!