Answer:
<u><em>"adjustment to income"</em></u>
Explanation:
"adjustment to income" determine the actual gross income that can be taxed.
In this situation tax credit is $ 250 which is less than deductions $ 2000.
$ 2000 will reduce taxes by larger amount.
Answer:
$302.
Explanation:
FIFO is an inventory management method. As the name says, First-In First-Out, it assumes that the oldest recorded inventory is sold first. This can be the assumption of management as the goods sold can be the ones that were recently purchased. So, the cost of oldest inventory is to be charged Cost of Goods Sold first and then that of the recent ones, if any.
<u>Calculation</u>
Gadgets Sold = 10 + 50 - 8 = 52 gadgets were sold during the period. Under the FIFO cost flow assumption, the cost of oldest gadgets that is $50 (10 * 5) is to be charged to P&L first and then of the newer ones which is $252 (42 * 6). This makes the total cost of goods sold for month to be $302 (252 + 50).
Answer:
5,850 units
Explanation:
Units Incomplete at the beginning of the month:
= No. of units × 40% incomplete
= 600 units × 0.4
= 240 units
Units completed during the month:
= 6,000 - 600
= 5,400 units are completed
Units completed at the end of June:
= 700 units × 30%
= 210 units
Number of equivalent units of production for conversion cost for the period:
= 240 + 5,400 + 210
= 5,850 units
Answer:
D) $3
Explanation:
Consumer Surplus refers to the difference between the actual price paid by a consumer and the price the consumer was willing to pay. Surplus arises in cases wherein the price consumer was willing to pay exceeds the price he actually paid.
In the given case, the consumer was willing to pay a total of $9 i.e ($5 + $4) for 2 units of pizza. He actually ended up paying $6 i.e ($3 × 2 slices).
Thus, his total consumer surplus can be calculated as $9 - $6 = $3
Answer: d. formal operational
Choices given in the question are:
a. Latency
b. trust vs. mistrust
c. concrete operational
d. formal operational
Georgie exhibits the major characteristics of a formal operational stage of cognitive development as per Piaget. This stage is characterized by the individual able to think abstractly and understand the form or structures of a problem. Georgie understands that in the experiment, he must combine specific amounts of each ingredient and not just pour in them to create the right mixture
