Answer:
Under straight line depreciation, the depreciation expense per year for every year will be $6240
Explanation:
The straight line depreciation charges a constant depreciation expense per year through out the useful life of the asset regardless of how it is used over the useful life. The formula for straight line depreciation expense per year is,
Depreciation expense per year = (Cost - Salvage Value) / estimated useful life
Depreciation expense per year = (35000 - 3800) / 5 = $6240
Answer:
Product U23N
$
Sales 730,000
Less: Variable cost 350,000
Contribution 380,000
Less: Avoidable fixed manufacturing expenses 144,000
Avoidable fixed selling and administrative cost <u>93,000</u>
Net contribution <u> 143,000</u>
Product U23N should not be discontinued because it has a positive contribution. If the company discontinued the product, the total profit of the company reduces by $143,000.
Explanation:
In this case, we need to determine the net contribution of the product. Net contribution is the excess of sales over variable cost and avoidable fixed cost. Product U23N should not be discontinued because it has a positive net contribution. If the product is deleted, there will be a reduction in total profit of the company by $143,000.
Answer:
The correct answer is letter "B": strategy.
Explanation:
The strategy section of a business plan highlights all the techniques the firm could carry out to produce, publish, and sell its goods or services. Besides, in this section, the main problems a company might face during operations are exposed and the methods specialists will implement to attempt to figure out those situations.
Answer:
The answer is: C) $85.35
Explanation:
Tyrell spent $65.78 in two new jerseys (at $32.89 each) and $23.99 in a hat. His bill was $89.77 ($65.78 + $23.99). He can deduct $10 from his bill, so it is now $79.77. After the discount has been made, you must add the sales tax of 7% ($79.77 x 7% = $5.58). The total bill including sales tax is $85.35 ($79.77 + $5.58).
