Your tax would be $165.00. (5800-4500=1300 X .05=65+100=165.00)
debit accounts receivable 450000credit sales revenue 450000debit warranty liability expenses 27000credit liability payable 27000
Contribution margin per unit = 25 - 15 = 10 Breakeven point = (450000 + 120000) / 10 Breakeven point = 57000 units
800,000 us dollars
Between 400000 upto 450000
7% of 450,000 = 7% * 450000 = 0.07 * 450000 = 31,500
2% of 450,000 = 2% * 450000 = 0.02 * 450000 = 9,000
It is 450000*2/100 = 9000
Rounded to the nearest hundred thousand, 449987 is approximately equal to 400000.
112500
4500.
450000
3.5% = 3.5/100 = 0.035 450000 x 0.035 = 15750
0.2 percent of 450,000 is 900.
It's 405000.