Answer: 20,000 pounds of CO₂
Explanation:
30 mpg car.
Number of gallons of gasoline used:
= 60,000 / 30
= 2,000 gallons
CO₂ released = 2,000 * 20
= 40,000 pounds
20 mpg car
Number of gallons used:
= 60,000 / 20
= 3,000 gallons
CO₂ released = 3,000 * 20
= 60,000 pounds
Difference:
= 60,000 - 40,000
= 20,000 pounds of CO₂
Answer:
a-1. How long do you have to pay before the account is overdue?
a-2. If you take the full period, how much should you remit?
- if you pay after the discount period (first 30 days) but before the 50th day, you must pay $84,800
b-1. What is the discount being offered?
- 2% if you pay within 30 days
b-2. How quickly must you pay to get the discount?
- you have up to 30 days to pay the invoice and still get the discount
b-3. If you do take the discount, how much should you remit?
c-1. If you don’t take the discount, how much interest are you paying implicitly?
c-2. How many days’ credit are you receiving?
- the total credit period is 50 days
Answer:
c.$21,670
Explanation:
The computation of the break-even point in sales dollars is shown below:
Break even point = (Fixed expenses) ÷ (Profit volume Ratio)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $10 -$1.50 -$1.20 - $0.90 - $0.40
= $6
And, Profit volume ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100
So, the Profit volume ratio = (6) ÷ (10) × 100 = 60%
And, the fixed expenses is $13,000
Now put these values to the above formula
So, the value would equal to
= ($13,000) ÷ (60%)
= $21,670
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Answer: Budgeted Raw Material to be consumed in July.
Quantity Price per pound Total
10,200 $6 $61,200
Explanation:
As for the information provided, the material at month end in hand shall be:
20% of upcoming month's sale.
If in June at month end, the inventory in hand = 2,040 pounds of raw material.
Then, this represents 20% of total requirement of July.
Therefore, total requirement in July =
This basically means:
Total inventory required =
Quantity Price per pound Total
10,200 $6 $61,200