If his current wage is $15.00 per hour, how much will he make per year?15*40*52= $31,200.00 annually 2. How much would Joe’s wages be in an average month?31200.00/12 = $2600.00 3. Based upon the information in the video, Joe has a car payment of $249 per month. The average utilities are: Electricity,
Basic flexible budgeting Centron, Inc., has the following budgeted production costs: |Direct materials |$0.40 per unit | |Direct labor |1.80 per unit | |Variable factory overhead |2.20 per unit | |Fixed factory overhead | |Supervision |$24,000 | |Maintenance |18,000 | |Other |12,000 | The company normally manufactures between 20,000 and 25,000 units each quarter. Should output exceed 25,000 units, maintenance and other fixed costs are expected to increase by $6,000 and $4,500,
Fixed expenses are $424,000 per month. The marketing manager believes that a $7,000 increase in the monthly advertising budget would result in a 100 unit increase in monthly sales. What should be the overall effect on the company's monthly net operating income of this change? A. Increase of $8,000 B.
Chapter 15 52. [LO 3] Evon would like to organize SHO as either an LLC or as a C corporation generating an 11 percent annual before-tax return on a $200,000 investment. Assume individual and corporate tax rates are both 35 percent and individual capital gains and dividend tax rates are 15 percent. SHO will pay out its after-tax earnings every year as a dividend if it is formed as a C corporation. Assume Evon is the sole owner of the entity and ignore self-employment taxes.
Economic Issues Stimulation Paper June 10, 2012 Constructit Company The chosen company for this analysis is Constructit company. Constructit consist of 1000 employees who are willing to pay out of pockets premiums up to $4000 per year. Castor Collins insurance is looking to increase the number of enrolled members covered under their health insurance plan. Since Constructit does not have an existing employer plan and Castor Collins uses a capitation model to pay for services rendered to their clients, Castor Collins can design a health insurance plan for the employees of Constructit that would utilize the entire $4000 bringing more members to Castor Collins and guaranteeing them at least an additional $40,000 in revenue per year.
Other costs include repair and maintenance, sales and production expenses. Regular monthly expenses are estimated at $1,415.74 for paying the employee salaries and other regular business expenses. The Business is expected to generate $136,000.00 in the first year and gross profit is expected to be $107,011.20. Customers. There is an average of 1,395,000 tax returns filed in Iowa every year (Average Refund by State).
ACCT 550 Week 7 Homework Chapter 11: E11-4, E11-9, E11-11, E11-17 E11-4 (Depreciation Computations—Five Methods) Wenner Furnace Corp. purchased machinery for $279,000 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $15,000, production of 240,000 units, and working hours of 25,000. During 2013, Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 25,500 units. Instructions From the information given, compute the depreciation charge for 2013 under each of the following methods. (Round to the nearest dollar.)
She has started compiling her assumptions and putting together an Income Statement. She has determined that she must make at least $75,000 profit per year in order to start the business. She has asked you to analyze her Income Statement and help her determine whether it is viable for her to start this business. You have agreed to help her complete her Income Statement and to perform What-If analysis to help her look at her potential profitability. BIS 155 Lab 6 of 7: Day Care Center Purchase here http://chosecourses.com/BIS%20155/bis-155-lab-6-of-7-day-care-center Product Description Your friend, Jane Morales, is considering opening a Day Care Center.
During this simulation we have a scenario where the property manager has to fix and solve the current vacancy issues with multiple complexes. We must analyze the first year on the simulation, where the complex had 2000 apartments, and the goal is to rent all of them. In order to accomplish this vacancy issue, the monthly rate must to be lower to attract new tenants to balance out the cost of the extra supply needed to service the apartment complex and to keep the quantity at a certain percentage. Susan Hearst, National Property Manager works for Good Life Management and has been working as a property manager for over fifteen years, in where her experience and skills is ready and prepared to handle any demand situation. The complex has two
Employees will see more money being deducted for Social Security Tax but other benefits will increase. According to Business Week, employees will begin to see smaller paychecks, “a worker making $50,000 in 2013 will take home $38.46 less per two-week paycheck or $1,000 per year”. Persons who are self-employed will be hit even harder. Their deductions will be 12.4% as compared to the 6.2 wage earners will have taken from their pay checks (employers also match 6.2%). There will be a permanent extension of the employer provided education assistance and this is important to employees.