Answer:
$0.79
Explanation:
The Bakery bakes 660 loaves of bread
The cost of baking one bread= $0.46
The total cost of baking all loaves of bread
= $0.46 x 660
=$303.60
The desired mark up is 55% of cost
=55% of $303.60
=55/100 x $303.60
=0.55 x $303.60
= $166.98
Desired revenues = $166.98 +$303.60
=$470.58
The number of sellable breads= 660 - (10% of 660)
=660-66
=594
Desired income is $470.58; sellable output is 594.
price per bread should be
=$470.58/594
=$0.79222
Price per bread = $0.79
Answer:
Annual contributions to the retirement fund will be $6,347.31
Explanation:
First find the Present Value of the Annuity giving payments of $32,000 annually for 25 years at the rate of 10%.
Using a Financial Calculator enter the following data
PMT = $32,000
P/y = 1
N = 25
R = 10%
FV = 0
Thus, the Present Value, PV is $290,465.28
At the time of retirement (in 20 years time) the Value of the annuity fund is $290,465.28.
Next we need to find the Payments PMT to reach this amount in 20 years time at the interest rate of 8%
Using a Financial Calculator enter the following data
FV = $290,465.28
N = 20
R = 8 %
PV = $0
Thus, the Payments, PMT required will be $6,347.3080
Conclusion :
Annual contributions to the retirement fund will be $6,347.31
Answer:
$9,379
Explanation:
using the 2020 tax brackets:
the Comer's gross income = $68,000 + $33,000 + $1,500 = $102,500
taxable income = $102,500 - $24,800 (standard deduction for married couples) = $77,700
taxes owed = $1,975 + [12% x ($77,700 - $19,750)] = $8,929
capital gains = $13,000 - $10,000 = $3,000 x 15% capital gains tax rate = $450
total tax liability = $8,929 + $450 = $9,379
Answer:
Faculty advisor/Research Mentor
IRB office
Explanation:
The primary purpose of the IRB is to protect the rights and welfare of human subjects involved in research activities being conducted under its authority.
IRB approval is required before you start your research.
Federal regulations require that research projects involving human subjects be reviewed by an Institutional Review Board (IRB). The IRB must approve or determine the project to be exempt prior to the start of any research activities.
Answer:
$69020
Explanation:
Selling price -$54
Incremental selling price =54*(1-0.16)=45.36
Incremental sales - 45.36*7000= 317520
Contribution -
Direct materials = 24*7000 = (168000)
Direct labor = 6*7000 = (42000)
Variable manufacturing = (21000) (3*7000)
Variable selling price = (3500) 2*(1-0.75)
Total contribution = 83020
Additional cost of machine (14,000)
Incremental profit 69,020