Question

Question 1 of 5 < -/5 Current Attempt in Progress Will Jones, Oriole is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a $580 annual fee plus $10 per tax return for a license to use Mega Tax software. (a) What is the company's total annual cost for the Mega Tax software if 200 returns are filed? If 290 returns are filed? If 500 returns are filed? Total cost for 200 returns $ Total cost for 290 returns $ Total cost for 500 returns $ (b) What is the company's cost per return for the Mega Tax software if 200 returns are filed? If 290 returns are filed? If 500 returns are filed? (Round answers to 2 decimal places, e.g. 52.75.) Cost per unit (200) $ Cost per unit (290) $

Answer 1

a)	Total cost for:
	200 returns		$ 2,580.00	[(200 x $ 10) + $ 580]
	290 returns		$ 3,480.00	[(290 x $ 10) + $ 580]
	500 returns		$ 5,580.00	[(500 x $ 10) + $ 580]
b)	Cost per unit:
	200 returns		$      12.90	($ 2580 / 200)
	290 returns		$      12.00	($ 3480 / 290)
	500 returns		$      11.16	($ 5580 / 500)

Is this correct? Please let me know if its not