FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

show the workings What is the profit for Jacks car detailing company for the week? During the week, Jack details 96 cars charging customers $200/

show the workings What is the profit for Jacks car detailing company for the week? During the week, Jack details 96 cars charging customers $200/ car. It costs Jack $20/ car in supplies and his fixed costs are $500 a week. A. $20,000 B. $15,520 C. $16,780 D. $100,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance A Contemporary Application Of Theory To Policy

Public Finance A Contemporary Application Of Theory To Policy

Authors: David N Hyman

8th Edition

0324259700, 978-0324259704

More Books

Students also viewed these Finance questions

Question

★★★★★
Designer Footwear Inc. is a designer shoe warehouse that sells luxurious and fashionable shoes at prices that people can actually afford. Its balance sheet, at November 1, 2014, con- tained the...

Answered: 1 week ago

Question

★★★★★
The statement of financial position shows how much a business is worth. Do you agree with this statement? Explain the reasons for your response.

Answered: 1 week ago

Question

★★★★★
What questions do you have for us?

Answered: 1 week ago

Question

★★★★★
Labor data for making one gallon of fnished product in Bing Company are as follows. (1) Pricehourly wage rate $14.00, payroll taxes $0.80, and fringe benefits $1.20. (2) Quantityactual production...

Answered: 1 week ago

Question

★★★★★
3. Automated Manufacturers uses high-tech equipment to produce specialized aluminum products for its customers. Each one of these machines costs $1,480,000 to purchase plus an additional $49,000 a...

Answered: 1 week ago

Question

★★★★★
A capital budgeting decision involves? O Analyzing Direct Labor Quantity variances for multiple periods. Detailing the elements of the company's operating budget. Analyzing and deciding which...

Answered: 1 week ago

Question

★★★★★
The critical path assumes four facts. What are they? What is a useful scheduling tool to keep track of the critical path and increase the probability of on time completion?

Answered: 1 week ago

Question

★★★★★
Turner Products develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for 2017 is based on budgeted output of 660,000 ?units, requiring 3,300,000...

Answered: 1 week ago

Question

★★★★★
Record the following transactions in proper journal entry format on the General Journal form provided. Date Dec Transaction 1 James Spartan invested $20,000 in Spartan Repair Services. 10 5 6 220 25...

Answered: 1 week ago

Question

★★★★★
600 lb 20 0.5 ft 30 30 5 ft

Answered: 1 week ago

Question

★★★★★
Problem 1: The nonlinear model of the Skydiver is given by: dv dt = 9 m The exact solution of the expression is gm gc v(t) = tanh m where g = 9.81 m/s, c = 0.25 kg/s, t = 4s, and v = 36 m/s. Use the...

Answered: 1 week ago

Question

★★★★★
What types of gestures have you used today to communicate without words?

Answered: 1 week ago

Question

★★★★★
Without using words, how do you communicate to someone that you do not understand what he or she is saying?

Answered: 1 week ago

Question

★★★★★
How does your style of dress identify you as a member of a particular culture?

Answered: 1 week ago

Previous Question Next Question