Answer:
$1,150
Explanation:
Given the above information, the value of the inventory method on June 30, using LIFO method would be calculated as;
= $828 + [ ($1,288 ÷ 184) × (184 - 138) ]
= $828 + (7 × 46)
= $829 + $322
= $1,150
Therefore, the ending inventory on June 30, using LIFO method is $1,150
Answer:
hi you seem like a really nice persen sorry
Explanation:
Answer:
A. $1,054.00
B. $ 450.00
Explanation:
Calculation to Determine the unemployment taxes (FUTA and SUTA) that would be paid by each company.
Calculation for Rowland Construction Company unemployment taxes for (FUTA and SUTA)
FUTA tax $7,000 × 0.006
FUTA tax = $42.00
SUTA tax $22,000 × 0.046
SUTA tax = $1,012.00
Hence,
Unemployment taxes=FUTA tax+SUTA tax
Let plug in the formula
Unemployment taxes=$42.00+$1,012.00
Unemployment taxes= $1,054.00
Therefore Rowland Construction Company unemployment taxes for (FUTA and SUTA) will be $1,054.00
b.
Calculation for Ford Improvement Company unemployment taxes for (FUTA and SUTA)
FUTA tax $7,000 × 0.006
FUTA tax = $ 42.00
SUTA tax $8,000 × 0.051
SUTA tax = 408.00
Hence,
Unemployment taxes=FUTA tax+SUTA tax
Let plug in the formula
Unemployment taxes=$42.00+$408.00
Unemployment taxes= $450.00
Therefore Rowland Construction Company unemployment taxes for (FUTA and SUTA) will be $450.00
Take note that FUTA tax amount for both is $7,000 while the tax rate 0.006
B. The private marker can solve this problem by broadcasting Downton Abbey on cable TV, since then the good would excludable and thus no longer a public good.
This would solve the money problem, by making it so that people have to pay to watch, which will generate more income.
Answer:
B. The distribution will be a dividend if current earnings and profits are positive and exceed the distribution.