Answer:
b)
i) Subtotal the income shown on lines 1 through 8 of Form 1041 and add the tax-exempt income from line 1 in “Other Information” on the back of the return to arrive at total income.
Total Income = Taxable income + Non-taxable income
= $50000 + $30000
= $80000
ii) Divide the total income by the total taxable income and multiply the results by the total fiduciary fees.
= ($80000/$50000)*8000
=$12800
iii) Take the deductible fees on line 12 and subtract the balance from the total tax-exempt income to arrive at the adjusted tax-exempt income.
= $30000 - ($12800-8000)
= $25200
Subtotal the income shown on lines 1 through 8 of Form 1041 and add the tax-exempt income from line 1 in “Other Information” on the back of the return to arrive at total income.
Divide the total income by the total taxable income and multiply the results by the total fiduciary fees.
Take the deductible fees on line 12 and subtract the balance from the total tax-exempt income to arrive at the adjusted tax-exempt income.
Place that number on Schedule B, line 2.
Explanation:
Answer:
Channel incentives are a behavioral modification tool that influence channel partners – such as dealers, contractors, resellers, and vendors – to align their behaviors with overarching business goals. These behaviors could include: Increasing overall sales volume. Increasing sales for high margin products
Explanation:
Answer: $15,400
Explanation:
BEP = Fixed cost - depreciation/ sales - variable cost
BEP = 740,000 - (744,000/6)/($60 -$20)
BEP= $740,000-$124,000/$40
BEP = $616,000/$40
BEP =$15,400
The factory overhead applied to the product is $5,400
Let understand that Factory Overhead means the <em>total cost</em> that is used in operating all the production segment (i.e depreciation of equipment, salary, wages, electricity) of a manufacturing company and its does not include the costs of direct labor & materials.
- <em>Factory Labor Incurred equals $8,000 (including $6,000 direct and $2,000 indirect</em>
<em>- Manufacturing Overhead is applied to the product based on 90% of direct labor dollars</em>
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- Therefore, the Factory overhead applied will equals Direct factory labor incurred * 90% Overhead applied
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<em>Factory overhead applied = $6,000 * 90%</em>
<em>Factory overhead applied = $5,400</em>
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In conclusion, the factory overhead applied to the product is $5,400
See similar Factory overhead here
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Federal reserve notes are the marks on money like the serial number, U.S emblems, and the signatures. They show that the money is an American Dollar.