Pablo was reviewing the water bill for his carwash business and determined that the highest bill, $5,000, occurred in July when2,200 cars were washed and the lowest bill, $3,200, occurred in February when 1,400 cars were washed. What was the fixed portion of the water bill? A. $3,600 B. $50 C. $3,150 D. $4,100
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- Louis Petit, a manager of Doggone Gorgeous, Inc., was reviewing the water bills of a dog daycare and spa. He determined that its highest and lowest bills of $3,800and $2,000 were incurred in the months of May and November, respectively. If 600 dogs were washed in May and 100 dogs were washed in November, what was the fixed cost associated with the company's water bill? (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.) A.$ 2 comma 000 $2,000 B.$ 1 comma 800 $1,800 C.$ 1 comma 640 $1,640 D.$ 3 comma 800Ron Moss, a manager of Waterworks Inc., was reviewing the water bills of a dog daycare and spa. He determined that its highest and lowest bills of $3,800 and $2,400 were incurred in the months of May and November, respectively. If 400 dogs were washed in May and 200 dogs were washed in November, what was the estimated cost, If 500 dogs were washed in December? Group of answer choices are listed below: $ 3,735 $3,573 $3,100 $2,500ogi’s Construction has a $100,000 line of credit at the Jellystone Bank. The annual percentage rate is the current prime rate plus 3%. The balance on October 1 was $22,500. On October 10, Yogi borrowed $15,000 to pay for a shipment of lumber and on October 20 he borrowed another $32,500 for equipment repairs. On October 25, Yogi made a $25,000 payment on the account. The billing cycle for October has 31 days. The current prime rate is 6%. Hint: Use the average daily method to determine the finance Charge!
- I have been stuck on this problem for a few days. Paloma Co.Has four emplyees.FICA Social Security taxes are 6.2% of the fir$st $118,500 paid to each emplyee,and FICA Medicare taxes are 1.45% of gross pay. Also,for the first $7,000 paid to each emplyee the comapny FUTA taxes are 0.6% and SUTA taxes are 2.15%. The company is preparing its payroll calcualtions for the week ened August 25. Payroll records show the following information for the company foy employees. Name Gross pay through Aug 18 Gross Pay Income Tax Wit Dali $115,550 $3,100 $440 Trey 116,200 2,300 371 Kiesha 8,200 560 49 Chee 2,150 510 38 In addition to gross pay,the company must pay one-hald of the $82 per employee weekly health insurance; each employee pays…what was my supply exspense for the month if i wrote a check for $14,000, then I return $1500.00 in damaged supplies for a cash refund of $1500, then spent $10,000.00 more on supplies payable in 30 days . After inventory it shows I have $9400.00 worth of supplies left on hand.Klee Motors is a small car dealership. On average, it sells a car for $24 000, which it purchases from the manufacturer for $20 000. Each month, Klee Motors pays $60 000in rent and utilities and $60 000 in salespeople’s salaries. In addition to their salaries, sales people are paid a commission of $500 for each car they sell. Klee Motors also spends $15 000 each month on local advertisements. a. How many cars must Klee Motors sell each month to break even? b. Will Klee Motors earns a profit if it can sell 6 cars? c. How much sales revenue shall the company earn to achieve a $100,000 profit?
- Can I please get help with this question? Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company’s FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the company’s four employees. Current Week Name Gross Pay through August 18 Gross Pay Income Tax Withholding Dali $ 125,500 $ 3,400 $ 369 Trey 135,100 2,600 411 Kiesha 7,700 1,800 44 Chee 1,650 1,000 35 In addition to gross pay, the company must pay one-half of the $72 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 8% of each employee’s gross pay (at no cost to employees) to a pension fund. Required: Compute the following for the week ended August 25.At the end of the first quarter, the accountant for David Fly Fishing Outfitters determines that the total sales tax payable for the quarter is $3,240.50. When the sales tax is paid to the state, the accountant debits Sales Tax Payable and credits Cash for the total amount due.A paving company has 24 employees, 15 with gross earnings of $365 per week and nine with gross earnings of $385 per week. What is the total social security and Medicare tax (in $) the company must send to the Internal Revenue Service for the first quarter of the year? $ 1678 Submit Answer
- This is Ben’s budget. Use his budget to determine the answer to the following question: Calculate the amount of tax Ben owes monthly using the tax rate of 25%.Schoenen Motors is a small car dealership. On average it sells a car for $33,000, which it purchases from the manufacturer for $29,000. Each month, Schoenen Motors pays $66,000 in rent and utilities and $73,000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $700 for each car they sell. Schoenen Motors also spends $12,000 each month for local advertisements. Its tax rate is 40%. Required 1. How many cars must Schoenen Motors sell each month to break even? 2. Schoenen Motors has a target monthly net income of $64,500. What is its target operating income? How many cars must be sold each month to reach the target monthly net income of $64,500? Requirement 1. How many cars must Schoenen Motors sell each month to break even? Schoenen Motors must sell cars each month to break even. (Round the number of cars up to the nearest whole number.) Requirement 2. Schoenen Motors has a target monthly net income of $64,500, What is its target operating…Jennifer took clothes to the cleaners three times last month. First, she brought 3 shirts and 1 pair of slacks and paid $8.46. Then she brought 5 shirts, 3 pairs of slacks, and 1 sports coat and paid $26.91. Finally, she brought 5 shirts and 1 sports coat and paid $14.94. How much was she charged for each shirt, each pair of slacks, and each sports coat? Jennifer was charged $ for each shirt. $ for each pair of slacks, and $ for each sports coat.