Answer:
21,200 units
Explanation:
For determining the sales, first we have to compute the net operating income difference which is shown below:
= Net operating income under absorption costing - Net operating income under variable costing
= $89,000 - $74,600
= $14,400
Now the inventory units increased by
= $14,400 ÷ 12 per unit
= 1,200 units
And, the production units are 22,400
So, the sales would be
= 22,400 units - 1,200 units
= 21,200 units
This is the answer and the same is not provided in the given options
<span>Assuming
that all other requirements are met, a corporation may elect to be
treated as an s corporation under the internal revenue code if it has </span>seventy-five
or fewer stockholders.
S corporations are ordinary business corporations
that <span><span>has between 1 and 100 shareholders and</span> elect to pass corporate income, losses, deductions, and credit
through to their shareholders for federal tax purposes.</span>
Answer:
b) $500 is recognized in year 1 and $8,500 in year 2.
Explanation:
Calculation to determine When must Colbert recognize the income if his accounting methods are selected to minimize income recognition?
Calculation for amount recognized in year 1
Payment in year 1= $9,000 ÷ 18 months
Payment in year 1= $500
Therefore Based on the above calculation the amount recognized in year 1 will be $500
Calculation for the amount recognized in year 2
Payment in year 2 = $9,000 - $500
Payment in year 2= $8,500
Therefore The amount recognized in year 2 will be $8,500
Answer:
Azure's taxable income is $544,000.
Explanation:
This can be calculated as follows:
Taxable income = Pretax book income - Excess depreciation + Prepaid rental income + Fines for pollution - Municipal interest income ………………… (1)
Substituting all the relevant values into equation (1), we have:
Taxable income = $543,000 - $20,000 + $36,000 + $10,000 - $25,000 = $544,000
Therefore, Azure's taxable income is $544,000.
Question: The question is incomplete. The graph was not attached to the question. Find attached of the graph.
Answer: The correct is option (D) Make no change in monetary policy.
Explanation:
At the investment level of Y the demand curve is Ad2 and the money supply is 150. Interest rate is 8. the market is already at full employment level with no inflation The answer is "D". make no change in the monetary policy.
