False , higher the risk higher the return
Answer:
FIFO ending inventory 300 dollars
LIFO ending ivnentory 200 dollars
Explanation:
May-1 Inventory 30 units at $8 $ 240
15 Purchases 25 units at $11 $ 275
24 Purchases 35 units at $12 $ 420
Total good available 90 units for a value of $935
We sale 65 units therefore, 25 units remains in our ending inventory.
FIFO will sale the first units leading the newest for inventory
So May 24th would be our ending inventory:
25 units x $12 = $300
LIFO will sale the newest and leave the oldest as inventory.
May 1st units are still at inventory according to LIFO
25 units x $8 = $200
Answer:
$148,000
Explanation:
Ellie's taxable income before the QBI deduction is greater than the $207,500 threshold, the W–2 Wages/Capital Investment Limit has to be considered.
20% of QBI = $900,000 x 20%
= $180,000
But no more than the greater of:
50% of W-2 wages
= $300,000 x 50%
= $150,000
25% of W-2 wages + 2.5% of the unadjusted basis of qualified property
= ($300,000 * 25%) + ($30,000 * 2.5%)
= $75,750
$75,750
Is not more than:
20% of modified taxable income
= $740000 x 20%
= $148,000
Ellie's QBI deduction for 2019 is $148,000.
Answer:
A make-or-buy decision is an act of choosing between manufacturing a product in-house or purchasing it from an external supplier.
The three main types of contracts if you want to outsource are
- Time and materials Contract
- Fixed Price Contract
- Target Cost Contract
Explanation:
Make-or-buy decisions, like outsourcing decisions, speak to a comparison of the costs and advantages of producing in-house versus buying it elsewhere.
There are many factors at play that may tilt a company from making an item in-house or outsourcing it.
Make-or-buy decisions must be based on the relevant cost of each option.
Relevant costs in make-or-buy decisions include all incremental cash flows.
Any cost that does not change as a result of the decision should be ignored such as depreciation and indirect fixed costs.
All of the following are benefits of participating in a QRIS system except (B) tax credits. QRIS or Quality Rating and Improvement System is a framework toward quality improvement and rating in building strong early care and education system. As early as childhood, this tool can help in the foundation of the children, especially in education.
