Answer:
the first year depreciation using MACRS depreciation is $28,580
Explanation:
The computation of the first year depreciation using MACRS depreciation is given below:
Here the depreciation rate is 14.29% for the first year
And, the cost of the wood chipper is $204,000
So, the first year depreciation expense is
= $204,000 × 14.29%
= $28,580
Hence the first year depreciation using MACRS depreciation is $28,580
Answer:
the break even point is 300 cards sold
Explanation:
The computation of the break even point in units is shown below:
= Fixed cost incurred ÷ contribution margin per unit
= $300 ÷ ($2 - $1)
= $300 ÷ ($1)
= 300 cards sold
As we know that the contribution margin per unit is
= Selling price per unit - variable cost per unit
And, the same is to be followed
Hence, the break even point is 300 cards sold
Answer:
The amount of George's net pay is $568.8 per week.
Explanation:
Because George's yearly pay is under the limit for OASDI, he don't bear the income tax either.
Rate Amount
Gross pay $800.0
Personal deduction 15% $120.0
Medical insurance deduction $50.0
FICA Social Security 6.20% $49.6
FICA Medicare 1.45% $11.6
Income Before Tax $568.8
Taxation 0% $0
Net Pay $568.8
Answer:
234.03
Explanation:
If you do the math and multiply both the percentages by 3329 and subtract them you’ll get the answer! To multiply you have to turn the percentages into decimals
She spend over her budget/income so she has to owe more money