Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of enrollment: Number of Students Enrolled Total Revenue Total Costs 10 $ 3,000 $ 2,100 15 4,500 2,700 16 4,800 2,800 20 6,000 3,200 21 6,300 3,255 The marginal cost when the twenty-first student enrolls in the school is:
Q: If you give me wrong answer, I will give you unhelpful rate
A: If you have any problem let me know in comment box thankyou.
Q: Do not use Ai
A: Quantity: the quantity is determined by the corresponding quantity along the MC curve per price…
Q: not use ai please
A: Step 1:For the preparation of journal entries first we need to calculate total cost of goods…
Q: What is the return on equity?
A: ROE=ROA×(1+Debt-to-Equity Ratio) Here's a step-by-step breakdown:Given Data:Return on Assets (ROA):…
Q: b6
A: Step 1: Identify the Value-Added TimeThe value-added time is the time spent on the activity that…
Q: Do not use chatgpt
A: Answer well explained above
Q: Provide correct ROE
A: Approach to solving the question:Step 1: Understand the Concept of Profit MarginCalculating the…
Q: not use ai please
A: Step 1:Calculate Interest on Bonds:for plan 1: 10%*840000= 84000for plan 2: 10%*420000= 42000 Step…
Q: Need help please
A: Step 1: Introduction to the Direct MaterialsThe direct materials costs are those product costs that…
Q: Perot Corporation is developing a new CPU chip based on a new type of technology. Its new chip, the…
A: a. What is the net present value (at the discount rate of 10%) of this project? (Negative value…
Q: Nonuniform Inputs, Equivalent Units Terry Linens Inc. manufactures bed and bath linens. The bath…
A: In cost accounting, equivalent units of production is a term used to express the amount of work done…
Q: None
A: Step 1: Define Price Earnings RatioThe price-earnings ratio is used by investors to analyze the…
Q: Do not use AI
A: Given:Gross profit margin = 0.25Operating profit margin (EBIT/sales) = 14%Asset turnover ratio =…
Q: On its 2019 balance sheet, Barngrover Books showed $510 million of retained earnings, and exactly…
A: Retained earnings are the portion of a company's net income which is kept by the company instead of…
Q: The following are several transactions of Ardery Company that occurred during the current year and…
A: The van was purchased for $20,000 and has a residual value of $800. The company uses straight-line…
Q: What will be included in the Ski West 2024 income statement and balance sheet related to the sale of…
A: In the scenario of Ski West selling a season pass to Jake Lawson, two key financial documents— the…
Q: The following information is provided for Atlas Corporation and Zephyr Limited: (in $ millions)…
A: Computation of return on assets of Zephyr Limited by using the following formula:Resultant values:
Q: Sunrise Electronics had sales revenue of $150,000,000, cost of goods sold of $70,000,000, sales and…
A: Step 1: Cash received = $205.34 million - $31.65 million = $173.69 million Step 2: Analysis: The…
Q: The following year-end information is taken from the December 31 adjusted trial balance and other…
A: Here is the classification of each cost as either a product cost or a period cost. If it's a product…
Q: 15. that's the following scenario correctly describes income limitations on credit for the tax year…
A: The Child and Dependent Care Credit is a tax credit that helps working families offset the cost of…
Q: Preview File Edit View Go Tools Window Help く Screenshot 2024-... 0 Inspector Zoom Share Highlight…
A: Cash Flows from Operating Activities Net Income 86,700Adjustments: Depreciation Expense 10,980…
Q: Provide total overhead variance
A: Step 1: Define Overhead costOverhead may be cost-related to running a trade. The cost of labor,…
Q: Need help
A: Step 1: Define Total CostThe total cost of a product consists of the direct and indirect costs that…
Q: Don't want ai answer
A: Detailed explanation:Period costs are expenses that cannot be capitalized and are charged as…
Q: Prblm
A: Step 1:Calculate the Net Present Value (NPV)To calculate the NPV, we need to discount each of the…
Q: go,3 answer must be in table format or i will give down vote
A: (1) Maturity value: This is just the face value of the bond.(2) The number of interest periods is…
Q: get solution as per required
A: When we talk about cash flow to stockholders, we're looking at how much cash the company has…
Q: None
A: Steps to Calculate the Conversion Premium:Determine the Conversion Ratio:The conversion ratio is the…
Q: Provide correct answer
A: For this problem, what is being required is the finance charge or the interest expense on the loan.…
Q: Changing the Cost Formula for a Month to the Cost Formula for a Year During the past year, the high…
A: Requirement 1: Annual cost formula Airplane depreciation: $18,300,000 is the fixed cost per month…
Q: A company requires $500,000 in assets and will be 100% equity financed. If the Earnings Before…
A:
Q: please provide excel formulas
A: To help you calculate the values for the weighted-average costing method in your Excel file, I'll…
Q: Need help with this question
A: Step 1: Define Approaches to CostingThere are two approaches to costing absorption costing and…
Q: 28. A married couple following jointly is currently taking the standard deduction they paid state…
A: The standard deduction is a specific dollar amount that reduces the amount of income on which you're…
Q: None
A: To solve this problem, we need to use the given information to calculate the return on equity (ROE)…
Q: What is ROE ?
A: Since the project is 100% equity financed, the total assets equal the total equity. Therefore, the…
Q: not use ai
A: DateAccountDebitCreditMay 1Cash40000 G. Gram, Capital 40000 1Rent Expense2200 Cash 2200…
Q: Provide Net's direct labor cost variance
A: Direct labor cost variance measures the difference between what a company actually spends on labor…
Q: 36. Is this statement correct concerning above the line and below the line deductions for tax year…
A: Above the line deductions, also known as adjustments to income, are deductions that are subtracted…
Q: Help
A: Step 1:Total Cost include all manufacturing costs i.e. materials, direct labor and manufacturing…
Q: not use ai please
A: Step 1:Shareholders' equity is the total of share capital and reserves and surplus . In the…
Q: Need help
A: To find out the total dollar amount you cleared on this investment.Given:- You purchased 100 shares…
Q: 2 3 4 Finish attempt... Question 6 Not complete Marked out of 3.35 Flag question Preparation of…
A: Appropriations Ledger Table:ItemAppropriation Cr.Encumbrances Dr.Expenditures Dr.Available Cr.Budget…
Q: not use ai please
A: Part A: Transactions Denominated in U.S. DollarsDateAccountDebitCreditExplanationMay 1Inventory (or…
Q: Identify the account below that is classified as a liability account: Multiple Choice Cash Accounts…
A: The account classified as a liability account is accounts payable. Since it is money owed to…
Q: Only accurate answer
A: Approach to solving the question: Detailed explanation: Examples: Key references:
Q: eridot Company's grinding department had the following data for the month of January:Production:…
A: The total cost is the sum of the cost of work in process at the beginning of the period and the…
Q: Do not use Ai
A: Step-by-Step Calculation:Determine Total Assets:Total Assets = Cash + Accounts Receivable + Supplies…
Q: Need help please
A: Step 1: Define Return On EquityThe return on equity (ROE) indicates how much net income is generated…
Q: get answer please
A: Given:Selling price per unit: $130Variable expenses per unit: $78Contribution margin per unit: $52…
Step by step
Solved in 2 steps
- Pretty Place Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration fee of $140 per child per school year. Monthly tuition for the eight-month school year varies depending on the number of days per week that the child attends preschool. The monthly tuition is $125 for the two-day program, $140 for the three-day program, $160 for the four-day program, and $185 for the five-day program. The following enrollment has been projected for the coming year: In addition to the morning preschool, Pretty Place Preschool offers a Lunch Bunch program where kids have the option of staying an extra hour for lunch and playtime. The preschool charges an additional $2 per child for every Lunch Bunch attended. Historically, half of the children stay for Lunch Bunch an average of 15 times a month. Requirement Calculate Pretty Place Preschool's budgeted revenue for the school year. (Click the icon to view the enrollment data.) ..... Pretty Place Preschool…DETAILS ASK YOUR TEACHER The SUTA rate for Worldwide Industries is 5.4% and its FUTA rate is 6.0% less the 5.4% SUTA credit. If its weekly payroll is $54,174 and none was for payments to employees in excess of the $7,000 wage base, then what are the total FUTA and SUTA taxes for the payroll? O $2,830.44 O $3,250.44 O $5,377.84 O $6,175.84Don't use AI.
- Hobby Hut has three employees. Find the amount subject FUTA and the amount of the FUTA for this pay period for each employee. If the YTD is already more than $7000, then $0 is subject to FUTA and the FUTA TAX is $0. And the FUTA rate is at 6.0% or 0.006. Do not put dollars signs in your answers. Employee Year to Date Gross this Pay period Suject to FUTA FUTA Paul Braun 5999 1234 Jackie Prince 9856 2543 Flora Jones 3456 1009A daycare charges $46 per day per child. Fixed expenses include $126 per day for wages and $339 per day for space rental and insurance. The daycare can take in up to 15 children each day and is expected to be full. (a) To break even, what is the most that can be spent on supplies per child per day? (b) To achieve a profit of $60 per day, what is the amount that can be spent on supplies per child per day? (a) To break even, the most that can be spent on supplies is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) instructor W O Bu barna Clear all Check answer TUF GAMINEConsider the break-even number of students for a noncredit course in pottery. The course tuition is $500. The variable costs per student are pottery supplies of $300 and enrollment costs of $20. The fixed costs for the course are instructor's salary of $3,000 and rental cost of the classroom of $1,500. The break-even point is students. A) 15 B) 25 C) 35 D) 45 E) none of the above
- What is Abado’s breakeven point in sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round Breakeven units and point in dollar to 0 decimal places, e.g. 5,275.) Abado Profiles provides testing services to school districts that wish to assess students’ reading and mathematical abilities. Last year Abado evaluated 60,000 math tests and 20,000 reading tests. An income statement for last year follows. Math Testing Reading Testing Total Per Unit Total Per Unit Total Company Sales revenue $1,200,000 $20 $720,000 $36 $1,920,000 Variable expenses 840,000 14 360,000 18 1,200,000 Contribution margin $360,000 $6 $360,000 $18 720,000 Fixed expenses 360,000 Operating income $360,000I need answer of this questionplease step by step solution and excel form answer.
- Q3. Joe's Tax Service prepares tax returns for low-to middle-income taxpayers. Its service operates January 2 through April 15 at a counter in a local grocery store. All jobs are classified into one of three categories: standard, multiform, and complex. Following is information for last year. Also, last year, the fixed cost of rent, utilities, and so forth were $50,000. Standard Multiform Complex Billing rate $60 $125 $250 Average variable costs (30) (75) (150) Average contribution margin $20 $50 $100 Number of returns prepared 1,750 600 350 (a.) Determine Joe's break-even dollar sales volume. Product , Weighted Selling Price , Weighted Contribution Margin Standard Multiform Complex Total Contribution margin ratio: Break-even sales volume: (b.) Determine Joe's margin of safety in sales dollars.11. ALGEBRA Fatima Sheroud sells children's clothing for The Grasshopper Shoppe. She is paid weekly on a straight commission of 4% on sales of $5,000.00 or less and 5% on sales in excess of $5,000.00. One week Fatima had a gross pay of $594.50. What were her total sales for that week? nts reserved.8. A company pays one of its employees $800 per week. How much is the amount withheld from his pay for Social Security taxes? Group of answer choices A.$49.60 B.$11.60 C.$61.20 D.$34.52 9.Squeaky Clean laundromat purchased $6,000 worth of washing machines which are expected to last for 5 years, at which time they will have a trade-in value of $1,000. Calculate the annual depreciation using the straight line depreciation method. Group of answer choices A.$1,200 B.$1,150 C.$1,000 D.$950 10. On July 1, 2017, a company purchased a delivery van for $32,000. In five years, when they trade in the van, they will receive $3,000 toward the purchase of the next model. Using the straight-line method of depreciation, how much will they be allowed to depreciate during the first year? Group of answer choices A.$6,400 B.$5,800 C.$3,200 D.$2,900 ABC Company purchased a $65,000 piece of equipment which had an expected life of 10 years and a scrap value…
