An accounting firm charges $2500 for an audit and $350 for a tax return. An audit requires 75 staffing hours and 10 reviewing hours. A tax retuen requires 12.5 staffing hours and 2.5 reviewing hours. The firm has 900 hours of staff time and 155 hours of review time available each week. What numbers of audits and tax returns will bring in an optimal revenue? What is the optimal revenue? # of Audits = # of Tax Returns = Optimal Revenue = $

An accounting firm charges $2500 for an audit and $350 for a tax return. An audit requires 75 staffing hours and 10 reviewing hours. A tax retuen requires 12.5 staffing hours and 2.5 reviewing hours. The firm has 900 hours of staff time and 155 hours of review time available each week. What numbers of audits and tax returns will bring in an optimal revenue? What is the optimal revenue? # of Audits = # of Tax Returns = Optimal Revenue = $

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter6: Business Expenses

Section: Chapter Questions

Problem 43P

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