Answer:
When Manufacturing of a Product involves several processes.
Explanation:
When several processes are involved in manufacturing a product, costs need to be accumulated in these processing departments. Thus, A process cost accounting system is most appropriate
Answer:
True
Explanation:
Newspapers are classified as convenience goods. Convenience products are things buyers purchase regularly and effectively without placing a lot of thought into them. These incorporate papers, magazines and etc. Since buyers have a decent feeling of how a lot of these things cost, they don't consider their value except if it falls outside their desires.
Answer:
all these are included in the gross income
Explanation:
given data
damages = $36,250
emotional distress = $10,100
punitive damages = $58,200
to find out
What amount must Paul include in his gross income
solution
we know according to the tax laws that specify only payment on account of (1) physical injury and (2) physical sickness is non taxable
so here taxpayers receive
they are not associate with the physical injury so all these mentioned are not covered in physical damages
so we can say that all these are included in the gross income
Answer:
50,400
Explanation:
Using application of total expectation, E;
N= Number of policy holders who have zero accidents in one month
P= Probability
N|Low = 400
N|High=600
P|Low=0.9
P|High=0.8
Therefore E = (N|Low*P|Low)+(N|High*P|High)
E=(400*0.9)+(600*0.8)
E=360+480
E=840
Then Total bonus for the year B
B= E*12*5
B=840*12*5
B=50,400