Answer:
1. <u>Average variable rate</u>
a. Food and wages = Food and wages expenses/ Total revenue = 155000/650000 = 0.2385 times
b. Delivery cost= Total delivery expenses/Number of mile driven = 22950/9000 = $2.5500/mile
c. Other cost = Total other expenses/ Number of items =260/20 = $13/item
2. Total cost = Total Fixed cost + Total Variable cost
= 265000 + [0.2385(a) + 2.55(b) + 13(c). a=Sales revenue, b=Number of miles driven, c=Number of items
3. If any new item is added to the menu then only the Variable expenses incurred will increase, fixed assets will remain constant. So, the total cost will go up the sum effect of 0.2385 times of revenue, $2.55 of per kilo meter driven for delivery and $13 of other charges for per item on menu.
Answer:
Explanation:
Workings
Product A
Selling price 410,000
Income 1 410,000
Further processing
Incremental cost 290,000
Product B 5900 102 601,800
Product C 11,900 60 714,000
Total revenue 1,315,800
Incremental cost 290,000
Income 2 1,025,800
Income on further process , that is if an additional cost of 290,000 is spent on the initial cost that generated the sales of 410,000 = 1,025,800
Incremental income on further processing =1,025,800-410,000 = 615,800
Therefore , it is advised that it should be processed further.
A master plan is devised for long-range goals
I believe the answer is: it gives a special tax break to employees who are saving primarily for retirement.
This make the taxpayers able to maxmize their purchasing power prior to their retirement. Which allow them to do things such as putting more money down on their mortrage, improve their standard of living, increasing their life saving, or putting of some of their income in various type of investments.
Answer: Please see explanation for answer
Explanation:
Journal entry to record sale of bonds
Account titles Debit Credit
Cash $50,000,000
Bonds Payable $50,000,000
