They paid $500 of real property taxes on the property and they incurred $200 of expenses in travel costs to see the property and to evaluate other similar potential investment properties. d. The Johnsons own a rental home. They incurred $8,500 of expenses associated with the property. e. The Johnson’s home was only five miles from the Staples store where Alyssa worked in January and February. The ST store was 60 miles from their home, so the Johnsons decided to move to make the commute easier for Alyssa.
Variable = v=how many minutes she over used… b. T=total money spent a month t=55m+.10v m=1 c. 58.50-55=3.50 3.50/.10=35 v=35 d. 35 minutes (6 points) |Score | | | 3. Andrea wants to deposit money into a bank account that earns 2.5% simple interest. Use the formula to find the amount of money that she should deposit so that she earns $2500 after 4.5 years. Show and explain your work. Answer: Her first deposit would be around 100,000
Shuzworld also needs to know the optimal number of batches to produce of their Tassel Loafers and Penny Loafers. The batches of tassel loafers spend 2 hours in the assembly department and 8 hours in the finishing department, for a total profit of $800- dollars. The batches of Penny loafers spent 6 hours in the assembly department and 4 hours in the finishing department for a total profit of $1,200- dollars. The assembly department has 1,200 hours of capacity for the tassel loafers, with a minimum production level of 50. The finishing department has 1,600 hours of capacity for the penny loafers, with a minimum production
The employee is paid semi-monthly with an annual salary of $52,000. What should the employee’s wages be on the 9/30/12 payroll? (52,000/2080=$25, 86.67*80%=69.33hrs, $25*69.33=$1,733.33) 5. A FT-salaried employee making $60,000 per year receives a salary increase of $5,000 retroactive to 1/1/2012. The employee is paid on a semi-monthly basis.
Home-based day care: y = 20x Center-based day care: y = 400 + 10x In these scenarios y represents the total cost of the day care. X represents the number of hours of day care needed. The equation for the home-based day care is multiplying the twenty dollars an hour by the amount of hours which will represent the total cost for any given amount of hours. The second equation for the center-based day care adds the set fee of four hundred dollars plus an additional ten dollars an hour. 3.)
Crouse Hinds purchased 8 million and 5 million dollars in parts from the suppliers respectively last year. Both firms make daily LTL shipments, containing finished components, to Crouse Hinds distribution center in Roanoke, VA. Another, major supplier for the firm is Chester Connectors, which is in Oklahoma City, OK. With these suppliers Crouse Hinds purchases items FOB shipping point prepaid from the 3 suppliers already mentioned meaning that while Crouse Hinds pay for the actual products the suppliers pay in advance for the cost of freight. The purchase price is made up of 95% actual material cost with 5% being freight cost. Supplier Purchase Expenditures Cost of Freight LTL Daily Shipments in LBS. Digby Gaskets $5,000,000
Daily demand 1,000 connectors Lead time 2 days Safety stock day Kanban size 500 connectors 16.3 Chris Millikan Manufacturing, Inc., is moving to kan-bans to support its telephone switching-board assembly lines. Determine the size of the kanban for subassemblies and the number of kanbans needed. 16.5 Discount-Mart, a major East Coast retailer, wants to determine the economic order quantity (see Chapter 12 for EOQ formulas) for its halogen lamps. It currently buys all halogen lamps from Specialty Lighting Manufacturers, in Atlanta. Annual demand is 2,000 lamps, ordering cost per order is $30, annual carrying cost per lamp is $12.
Another alternative being considered is paying the store manager a 50 cent commission on each shoe sold in excess of the break-even point. Being that 2,500 shoes were sold in excess of the 12, 500 shoes needed to break-even, the operating income has increased and is now approximately $40,000. Lastly, eliminating sales commissions entirely in the shops and increasing fixed salaries by $31,500 annually will make the break-even point for units sold 11, 000 and dollar sales
Introduction The article discusses Harvey Finley and his desire to start his own firm selling copy machines. When starting his firm, although he could not afford a whole staff, He needed one immediate employee. Finley hired Cathy Brannen as a secretary/receptionist. When hiring her, Finley offered a salary of 14,000 plus a sales override of two percent of sales. Now that his company is prospering, Finley realizes that his “secretary” was paid 127,614.21 for her services last year and that she will earn at least 10 to 15 percent more money in the coming year.
Answer: 4000 * .055 * 1 = 220.00 in interest. (4000 + 220)/12 = $351.67 for periodic payment 3) In the loan in the last question, what is the true rate of interest? The loan was monthly payments for a $4000 loan at 5.5% add-on interest for one year. Answer: (2*m*I)/(A *[N+1])= (2*12*220)/(4000[12+1]) = .1015 = 10.15% 4) Sally purchased an additional 100 cows. She paid $500/cow.