A Local Carpet Manufacturer's Plant and Equipment Cost $285,000 and Are

question 26

Essay

A local carpet manufacturer's plant and equipment cost $285,000 and are estimated to have a lifetime of 20 years.Straight-line depreciation is to be used.Additional fixed costs per year are $130,000.Variable costs are $200 per roll of carpet and the price per roll is $3,000.What will annual profit be if the annual volume is 15,000 rolls?

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Definitions:

Excretion

Elimination of metabolic wastes by an organism at exchange boundaries such as the plasma membrane of unicellular organisms and excretory tubules of multicellular animals.

Trichinella Worms

Parasitic roundworms that cause trichinosis, a disease that results from consuming undercooked meat containing cysts of the worm.

Skeletal Muscle

Striated, voluntary muscle tissue that comprises the majority of the muscles in the human body; also called striated muscle.

Pork

The culinary name for meat derived from domestic pigs, commonly consumed worldwide in various cuisines.