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1. Calculate Amy's net pay based on the following? What's her overtime? Hours worked: 52 Hourly rate: $10.25 Commissions: 2% of sales over $15,000 Sales:

1. Calculate Amy's net pay based on the following?

What's her overtime?

Hours worked: 52

Hourly rate: $10.25

Commissions: 2% of sales over $15,000

Sales: $19,500

FICA: 7.65%

Withholding: 13%

2. Calculate the following for the Blue Bird Cafe given the following information

Sales: $80,000

Variable Cost: 40%

Fixed Costs: $24,000

Find the:

Variable Cost$

Contribution Margin$

Contribution Margin%

Break-Even$

Part 3 All of the directions are in the picture. Part A answer the chart and answer part B

image text in transcribed

image text in transcribed

Tom's Taco Haven is in need of a new deep fryer. Tom has completed his research and gathered the following information: Fat Fryer Brand: Greener Fryer Brand: Cast: $4,000 Cest: $5,000 Useful life: 8 years. seful life: 8 years Salvage value: $250 lvage valtie: $350 Utility cests per year $125 Utility costs per year::$75 Estimated annual repairs. $75 Estimated anngal reg $50 Shipping: included in asset cost Shipping $100 Tax rate: 6% Tax rate: 69% Annual operating cost of current fryer. $600 A. Use the information provided in the following spreadsheet to complete a capital purchase comparison of Tom's two fryer options and answer the questions that follow. (6 pts) Fat Fryer: Brand Greener Fryer Brand Cost of unit Shipping D E F G H Fat Fryer Brand Greener Fryer Brand * Remember to include tax+ shipping 8 Cost of unit 9. Shipping 10 Tax (6%) 11 Asset cost 12. Salvage value 13 Life expectancy (years) Annual operating expenses 14. (utilities + est. repairs) 15 Operating expenses over life expectancy *Useful life Annual operating expenses life expectancy 16 Annual operating expenses of current fryer $600.00 $600.00 * Annual operating expense of old fryer-annual operating expense of newf 17 Annual savings of new equipment over old Total cost (asset cost + operating expense over life) - 18 salvage value 19 Payback period (years) 20 21 B. Based on financial considerations, which fryer should Tom purchase and why? (2 pts) 22 * Total Cost / Annual Savings

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