Average property tax per unit

Assignment Help Accounting Basics
Reference no: EM13127880

At a sales volume of 37,300 units, Bonham Corporation's property taxes (a cost that is fixed with respect to sales volume) total $574000.

To the nearest whole cent, what should be the average property tax per unit at a sales volume of 41300 units? (Assume that this sales volume is within the relevant range.)

Reference no: EM13127880

Questions Cloud

Prepaid insurance account : The prepaid insurance account had a balance of $11,400 at the beginning of the year. The account was debited for $12,700 for premiums on policies purchased during the year.
Find the enthalpy change for the chemical reaction : Find the enthalpy change for the chemical reaction below PCl5(g) ----> PCl3 (g) +Cl2 From the following equations:
Find approximate probability that pineapple weighs more : Suppose a single pineapple is selected at random from last years crop. What is the approximate probability that it weighs more than 35 ounces show work.
Calculate the ph of a solution : calculate the PH of a solution made by adding 5.00gram of sodium hydride,NaH,to enough water to make 0.900 litre of solution?
Average property tax per unit : To the nearest whole cent, what should be the average property tax per unit at a sales volume of 41300 units? (Assume that this sales volume is within the relevant range.)
How many grams of ch4 is needed : CH4(g) + 3 Cl2(g) CHCl3(g) + 3 HCl(g) How many grams of CH4 is needed to produce 43.0 g CHCl3?
Probability booked passengers actually show up for flight : Past studies have shown that only 95% of booked passengers actually show up for the flight. What is the probability that exactly 99 booked passengers actually show up for the flight?
Explanation of implicit differentiation : Find dy/dx by implicit differentiation. where p is the unit price in dollars and x is the quantity demanded each week, measure in units of a thousand. Compute the elasticity of demand and determine whether the demand is elastic, inelastic, or unit..
Restructuring of the bank : As stipulated, your company is having financial difficulty and has asked the bank to restructure its $3 million note outstanding. The present note has 3 years remaining and pays a current interest rate of 10%.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Beginning the audit report

Apollo Shoes is satisfied with the services your firm offers and wants to continue with the audit. Apollo Shoes would like you to prepare a letter explaining how you plan to begin the audit process.

  Writing journal entries to record issuance of bonds

On the first day of the current fiscal year, $1,000,000 of 10-year, 7% bonds, with interest payable semiannualy were sold for $1,050,000. Present entries to record the following transactions for the current fiscal year:

  Estimating sales and profit after tax

What is your estimate for 2008 sales($)? What is your estimate of 2008 profits after tax? What is the percentage increase in 2008 profits after tax vs 2007 profit after tax of $110 Million?

  Independence and the code of professional conduct

The following questions concern independence and the Code of Professional Conduct or GAAS. Choose the best response.

  Amt statutory exemption

Dunn Corporation's taxable income is less than $40,000. The corporation is not eligible for the AMT small corporation exemption. The CPA preparing the return does not calculate the AMT because he knows that taxable income is less than the AMT stat..

  Cost information relating to single product organisation

The following production and total cost information relates to a single product organisation for the last three months: Month Production Total cost units £ 1 1,200 66,600 2 1,900 58,200 3 1,400 68,200

  Estimating the current stock price

The Ackert Company's last dividend was $1.55. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which dividends are expected to grow at a rate of 8.0% forever. The firm's required return (rs) is 12.0%. What is the best..

  Prepare the journal entries on fashion vixen books

During December 2008, Fashion Vixen Publishing sold 2,500 12-month annual magazine subscriptions at a rate of $30 each. The first issues were mailed in February 2009. Prepare the journal entries on Fashion Vixen's books 1) to record the sale of th..

  What is the appropriate transfer price

Hawkeye Enterprises runs a chain of drive-in ice cream stands in Iowa City during the summer season. What is the appropriate transfer price?

  What is marys basis in the real property

Mary received a liquidating distribution from ABC Corporation as part of the complete liquidation of ABC Corporation. Mary's basis for her ABC Corporation stock was $10,000.

  Non-controlling shareholder access to information

Does a non-controlling shareholder have access to any information other than the consolidated financial statements to determine how well the subsidiary is doing?

  General fund by a debit

Liabilities incurred, such as for accrued payroll, but still unpaid at year-end, should be recorded in the General Fund by a debit to which of the following accounts?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd