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Assignment

problem 1)

Based on past experience, a production process requires 15 hours of direct labour and 2 assemblers for every $450 of raw materials. If the company has budgeted for $33,750 worth of raw materials, how many hours of direct labour and how many assemblers will the company require?

problem2)

A&E Holdings’ profit and loss statement showed a net income of 9¾ %of revenue or $29,250. Twenty percent (20%) of the net income was paid in taxes and 75% of the net income after taxes was paid out as dividends to Alice and Emile in the ratio 5:3.
a) What was the revenue holding of A and E?
b) how much was the after tax income?
c) how much was the paid out in dividends?
D) what percent of income did Alice received as dividned?

Taxation, Accounting

  • Category:- Taxation
  • Reference No.:- M9737

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