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lord [1]
3 years ago
14

A graph titled Funding for House Elections 2011 to 2012 shows parties on the horizontal axis and dollars (hundreds of millions)

on the vertical axis. Approximately 610 of Republican funding was total raised, 200 was P A C funding, and 350 was individual funding. Approximately 490 of Democratic funding was total raised, 165 was P A C funding, and 290 was individual funding.
Look at this graph, showing funding for campaigns for election to the House of Representatives, 2011–2012.

What is the most logical conclusion that can be drawn from this graph?

Both parties are dependent on raising huge sums of money to fund their House campaigns.
PAC spending is not a significant factor when it comes to raising money for House campaigns.
The Democrats will always raise more money for House campaigns from individuals than the Republicans will.
Campaign funding laws have reduced the amount of money needed to fund House campaigns.
Business
2 answers:
slavikrds [6]3 years ago
8 0

Answer: Both parties are dependent on raising huge sums of money to fund their House campaigns.

Explanation:

Campaigning for office is no cheap endeavour as many politicians have seen and noted. Money needs to be spent on everything from renting venues to buying stationary and so the politicians turn to donors to help.

Regardless of party affiliation, this is the reality for political campaigns which is why both parties rely on huge sums of money to fund campaigns like for the U.S. House of Reps. This is confirmed by the graph described above that shows the hundreds of millions of dollars being used to campaign for the House.

vodomira [7]3 years ago
5 0

Answer:

A

Explanation:

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Two incinerators are being considered by a waste management company. Design A has an initial cost of $2,500,000, has annual oper
IrinaK [193]

Answer: please refer to the explanation section

Explanation:

Design A

Initial cost $2500 000

operating and maintenance cost = $800 000

Overhauls = $1250000 in 5 years

R = 5%

PV= overhaul cost/(1+r)^n + maintenance cost(1 -(1+r)^-5)/r

PV = 1250000/(1 + 0.05)^5  + 800000(1 - (1 + 0.05)^-5)/0.05

PV = 979407.71 + 3463581.34 = 4442989.05

costs to be capitalized = present value of overhaul costs = 979407. 71

Design A will be valued at = 2500000 +  979407. 71 = 347907.71

Total cost of Choosing Design A = 979407.71 + 3463581.34 + 2500000

Total cost of Choosing Design A = 6942989.05

Design B

initial cost = $5750000

Operating and Maintenance = $600000

Overhauls = $3000000 in 10 years

PV= overhaul cost/(1+r)^n + maintenance cost(1 -(1+r)^-5)/r

PV = 3000000/(1 + 0.05)^10  + 600000(1 - (1 + 0.05)^-10)/0.05

PV = 1841739.76 + 4633040.96 = 6474780.72

Cost to be capitalized = overhaul cost = 1841739.76

Design B will be value at = 1841739.76 + 5750000 = 7591739.76

Total cost of costs Design B = 1841739.76 + 5750000 + 4633040.96

Total cost of costs Design B = 12224780.72

Design B involves more costs than Design A. Present value for total cost for choosing Design B is Higher than the present value for Total costs of choosing Design A

Choose Design A

3 0
3 years ago
Target costing begins with determining the cost of the product and then focusing on developing ways to sell the product at a pri
Archy [21]

Answer:

Target costing does not begin with the determination of the cost of the product  and then focusing on developing ways to sell the product at a price that will enable the company to achieve its desired profit margin.

The correct answer is B

Explanation:

In target costing, the company does not determine the price because the price is determined by the market. Target costing begins with determining the target profit. Then, the company deducts the target profit from the market price in order to obtain the target cost.

6 0
3 years ago
FIFO Perpetual Inventory
RideAnS [48]

1. The total sales and cost of goods sold for the period are <u>$381,370</u> and <u>$147,510</u>, respectively.

2. The gross profit from sales for the period is <u>$233,860</u>.

3. The ending inventory cost as of June 30 is <u>$43,560</u>.

<h3>How are the amounts determined using the FIFO method?</h3>

The total sales can be computed by summing the sales units and dollars.

The cost of goods sold is the difference between the cost of goods available for sale and the ending inventory.

The gross profit is the difference between the sales revenue and the cost of goods sold.

The ending inventory is determined as the product of units in the ending inventory multiplied by the purchase cost per unit.

<h3>Data and Calculations:</h3>

Date     Transaction     Number of Units      Per Unit       Total

Apr. 3    Inventory                    66                    $225        $14,850

8            Purchase                  132                      270          35,640

11            Sale                           88                       750         66,000

30         Sale                            55                       750          41,250

May 8   Purchase                   110                      300          33,000

10          Sale                           66                       750         49,500

19          Sale                           33                       750          24,750

28         Purchase                  110                      330          36,300

June 5  Sale                          66                      790           52,140

16          Sale                          88                      790           69,520

21          Purchase                198                      360           71,280

28         Sale                          99                      790           78,210

1. Determination of the total sales and the total cost of goods sold for the period.

<h3>Total Sales:</h3>

Apr. 11    Sale                          88                       750         66,000

30         Sale                           55                       750          41,250

May 10  Sale                           66                       750         49,500

19          Sale                           33                       750          24,750

June 5  Sale                           66                      790           52,140

16          Sale                           88                      790           69,520  

28         Sale                           99                      790           78,210

Total sales                           495                                   $381,370

<h3>Cost of sales:</h3>

Cost of Goods Sold = Cost of goods available for sale minus ending inventory

= $147,510 ($191,070 - $43,560)

2. Determination of the gross profit from sales for the period.

Gross profit = $233,860 ($381,370 - $147,510)

3. Determination of the ending inventory cost as of June 30.

Ending inventory = $43,560 (121 x $360)

Apr. 3    Inventory                   66                    $225         $14,850

8            Purchase                  132                      270          35,640

May 8   Purchase                   110                      300          33,000  

28         Purchase                  110                      330           36,300

21          Purchase                 198                      360            71,280

Goods available for sale     616                                  $191,070

Ending inventory                 121 (616 - 495)

Learn more about the FIFO method at brainly.com/question/27952133

#SPJ1

5 0
2 years ago
Ajax Inc. was formed on April 25 and elected a calendar year for tax purposes. Ajax paid $13,200 to the attorney who drew up the
vampirchik [111]

Answer: $5510

Explanation:

For organizations cost up to $50,000, there'll be a deduction of $5000. The remaining non deductible expense will then be spread out for 180 months. Here, the non deductible cost will be:

= ($13200 + $7100) - $5000

= $20300 - $5000

= $15300

The capitalized cost will then be:

= $15300 / 180

= $85 per month.

Since there's an ammortization of 6 months from July, then the capitalized cost will be:

= $85 × 6

= $510

Therefore, the amount that should be deducted on its first tax return will be:

= $5000 + $510

= $5510

8 0
3 years ago
Which of the following best describes a trial balance?
Lubov Fominskaja [6]

Answer:

A

Explanation:

In the accounting process extracting a trial balance is the final step.

8 0
3 years ago
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