The monthly cost (in dollars) of a data plan for Mercury Communications is a linear function of the total data usage (in gigabytes). The monthly cost for 25 gigabytes of data is $45.50 and the monthly cost for 40 gigabytes is $58.00. What is the monthly cost for 28 gigabytes of data?

Q: What is General Ledger? And how to implement it ? Give an example.

A: 1. What is a General Ledger?A General Ledger (GL) is the master record of all financial transactions…

Q: Provide answer

A: Unit Cost = Total Cost / Equivalent Units of ProductionGiven Data:Total material costs =…

Q: Given answer with step by step solution

A: Step 1: Definition of the Relative Fair Value MethodThe Relative Fair Value Method is used to…

Q: give me answer fast plz

A: Step 1: Definition of Total EquityTotal equity, also known as shareholders' equity, represents the…

Q: What is the final amount.....?

A: Step 1: Definition of Final Amount PayableThe final amount payable to a supplier refers to the net…

Q: General accounting

A: Step 1: Definition of Total Interest ExpenseTotal interest expense refers to the cost incurred by a…

Q: Please given correct option

A: Step 1: Definition of Gross MarginGross Margin represents the difference between a company's revenue…

Q: The Total budgeted fixed manufacturing overhead cost for the month?

A: Explanation of Standard Cost System: A standard cost system is an accounting method where…

Q: Quick answer of this accounting questions

A: Step 1: Definition of Percentage IncreaseA percentage increase measures how much a value has grown…

Q: Variable costs:190000, fixed costs:50000

A: Explanation of Static Budget Variance:Static budget variance refers to the difference between the…

Q: Lavu's Cakes produces muffins, which sell for $6.20 each. During the current month, Lavu produced…

A: Under Variable Costing, both the variable and fixed manufacturing costs are included to calculate…

Q: Express Delivery Company (EDC) is considering outsourcing its Payroll Department to a payroll…

A: Step 1: Total Annual Operating Cost if Payroll Department is Kept In-House :-Supplies:…

Q: Profit margin?? Accounting

A: Step 1: Definition of Cost-Based PricingCost-Based Pricing is a pricing strategy in which the…

Q: What is the net income or loss for the period?

A: Explanation of Owner's Equity: Owner's equity represents the owner's financial interest in a…

Q: What is the total interest expense for one year?

A: We apply the following calculation to get the total interest expenditure for a year:Interest =…

Q: Need help with this question solution general accounting

A: Step 1: Calculation of Ending EquityEnding Equity = Ending Total Assets - Ending Total…

Q: Lavu's Cakes produces muffins, which sell for $6.20 each. During the current month, Lavu produced…

A: Step 1: Definition of Product Cost under Absorption CostingProduct cost under absorption costing…

Q: What is the net income for the year?

A: Explanation of Net Income:Net income is the profit a company earns after deducting all expenses,…

Q: If Maverick Industries has a cash cycle of 35 days and an operating cycle of 92 days, what is its…

A: Concept of Operating CycleThe operating cycle refers to the total time taken by a company to convert…

Q: Don't use ai given answer accounting questions

A: Step 1: Calculation of Average Total AssetsThe balance sheet data provides beginning and ending…

Q: need help with this General accounting question

A: Step 1: Definition of Straight-Line DepreciationThe Straight-Line Depreciation Method is a common…

Q: Please give me correct solution this financial accounting question

A: Step 1: Definition of Net New Stock IssuesNet new stock issues represent the amount of capital a…

Q: Quick answer of this general accounting question

A: Step 1: Definition of Cash Collected from CustomersCash collected from customers represents the…

Q: Need help

A: Explanation of Assets: Assets are economic resources owned or controlled by a company that have…

Q: A local credit union negotiates the purchase of a one-year interest rate cap with a cap rate of 4.75…

A: Cap Payoff Calculation:⁃ Interest Rate Difference: (5.65% - 4.75% = 0.90%).⁃ Payoff: (0.90% \times…

Q: Quick answer of this accounting questions

A: Step 1: Definition of Impairment LossImpairment loss occurs when the carrying value of an asset…

Q: General accounting

A: Step 1: Definition of Labor Rate VarianceLabor Rate Variance measures the difference between the…

Q: Financial Accounting

A: Step 1: Define Net IncomeNet Income is the total profit a company earns after deducting all…

Q: Golden Horizon Company had assets of $1,050,000 and liabilities of $420,000 as of December 31, Year…

A: Explanation of Assets: Assets are economic resources owned or controlled by a company that provide…

Q: Financial Accounting

A: The dividend yield is calculated using the formula:Dividend Yield=(Stock Price per ShareAnnual…

Q: Calculate unit cost under variable costing

A: Step 1: Definition of Absorption Costing and Variable CostingAbsorption Costing: This costing method…

Q: Elite Footwear sold 40 pairs of gloves, making a 30% profit of $240. How much did they charge for…

A: To determine the selling price per pair of gloves. Here's the step-by-step approach: Step 1:…

Q: General Account

A: Calculation of Division's Turnover RatioDivision's Turnover Ratio = Total Sales / Average Operating…

Q: please give me true answer

A: Explanation:Debt-Equity Ratio:Debt-Equity Ratio = Total Debt / Total Equity = 0.62→ Total Debt =…

Q: hello teacher please solve questions

A: To calculate the markup percentage, we need to determine the cost per unit and the selling price per…

Q: What is the cash coverage ratio of this financial accounting question?

A: Step 1: Calculation of Interest ExpenseInterest Expense = Outstanding Debt × Interest RateInterest…

Q: Need answer

A: Given Data:Cap Rate = 4.75%Actual Interest Rate = 5.65%Notional Principal = $1,500,000Option Cost =…

Q: Variable cost per unit:85, selling price per unit: 140

A: Explanation of Fixed Costs: Fixed costs are expenses that remain constant regardless of production…

Q: What is the amount of total assets at the end of the year?

A: Explanation of Assets: Assets are economic resources owned or controlled by a company that are…

Q: need help this questions

A: Step 1: Definition of Materials Purchase Price VarianceThe Materials Purchase Price Variance (MPPV)…

Q: Need help with this question solution general accounting

A: Step 1: Definition of Interest ExpenseInterest Expense refers to the cost incurred by a company for…

Q: not us ai please

A: Step 1: Definition of Contribution MarginThe contribution margin represents the portion of sales…

Q: Please give me answer general accounting question

A: Step 1: Definition of Prepaid InsurancePrepaid insurance is an asset account that records payments…

Q: The variable overhead spending variance

A: Explanation of Standard Hours:Standard hours refers to the amount of time that should have been used…

Q: The veriable cost per unit

A: Explanation of Fixed Costs:Fixed costs are business expenses that remain constant regardless of…

Q: Calculate the payout ratio for winger corporation of this financial accounting question

A: Step 1: Definition of Payout RatioThe payout ratio is the percentage of net income distributed to…

Q: Accurate answer

A: Explanation of Variable Costs: Variable costs represent expenses that change in direct proportion to…

Q: The adjusted trial balance of Crane Company shows these data pertaining to sales at the end of its…

A: Crane CompanyIncome Statement (Partial)For the Year Ended October 31, 2025Net Sales  Sales Revenue…

Q: Please solve the following requirements on these financial accounting question

A: Step 1: Define Debt-to-Equity (D/E) RatioThe Debt-to-Equity (D/E) Ratio is a financial metric that…

Q: General accounting

A: Step 1: Definition of Profit MarginThe profit margin is a financial metric that measures a company's…