Answer:
The answer given below;
Explanation:
Amount in Million $
Income tax payable-Unadjusted $120
Reversal of deferred tax asset $320*30%= $96
Total Income Tax Expense $216
As the deferred tax asset reversal will result in deferred tax expense therefore $216 in total will be reported as income tax expense.
Answer:
16,300 Direct Labor Hours
Explanation:
Evening Star Inc. produces two models.
The field model requires eight(8) direct-labor hours.
The professional binoculars require ten(10) direct-labor hours.
In May,
Number of field binocular manufactured=850
Number of professional binocular manufactured=950
Therefore:
- Standard Hour for 850 field model = 850 X 8 =6800 Hours
- Standard Hour for 950 professional model = 950 X 10 =9500 Hours
Total Standard Hours allowed in May = 6800+9500
=16300 Direct Labor Hours
Answer:
Technological lockout
Explanation:
Technological lockout is the position when the company is unable to gain benefit of its innovation this is because of the defect in its innovation offerings. This is the main reason why Samsung was defeated by Iphone in previous years because the samsung galaxy series phone was geting hot and blasts when the charger pin was pinned in. As a result, Samsung users opted to Iphone due to its better reliabilty and customer focused strategy. This technological lockouts are more prominent when the company is in haste and doesnot considers any testings necessary which costs them a loss of potential customers.
The answer property right. The property rights denote to the theoretic and legal proprietorship of precise property by personalities and the capability to define how such belongings is used. In many countries, together with the united states individuals usually exercise private property rights which is the rights of private persons to mount up, hold, delegate, rent or sell their property. In economics, property privileges form the basis for all market altercation and the distribution of property rights in a civilization affects the competence of reserve use.
Answer:
Solution attached in picture
Explanation: