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3 years ago

Decreasing your w-4 allowances will _ the net pay in your paycheck _ your total tax burden

1 answer:

5 0

Decrease, increase
If you claim 0 allowances, the government will take the maximum amount from your check in taxes. This provides for a larger tax return at the end of the year, but also decreases your weekly pay and investment power.

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The cash flow statement should be evaluated by examining the cash flow pattern suggested by the:__________

galina1969 [7]

Answer:

a) subtotals of each of the three main sections.

Explanation:

A cash flow statement is a representation of the cash inflows and outflows from various activities in a business. The three main sources of cash flow are operating activities, investing activities, and financing activities.

Operating activities include daily production activities that a business usually engages in like manufacturing or selling.

Financing activities are those that affect the capital base of the organisation.

Investing activities are those that involve purchase or sale of assets, and investment in securities.

To get a better knowledge of the cash flow of the organisation we will need to evaluate subtotals of each of these three sections

6 0

4 years ago

The average of all prices in the economy is the

Kobotan [32]

Answer:

Price level

Explanation:

8 0

3 years ago

A company sells 15,000 units of its single product annually. Annual revenues are $450,000, variable costs are $315,000, and fixe

valentinak56 [21]

Answer:

Decrease in profit = $9,000

Explanation:

The impact on the profit would be the sum of the increase in contribution from the special order less the lost contribution by forgoing the standard order.

Accepting the special order of 3,000 units would mean losing standard contribution on 2,000 units from the current sales unit of 15,000. Remember the company only has excess capacity of 1, 000 units i.e (16000-15,000) So, the additional 2,000 units would need to be forgone at standard price.

Variable cost per unit = 315,000/15,000 = $21

Standard selling price = 450,000/15,000 = $30

Special order price = $24

Additional contribution from special order = (24-21) × 3,000 = 9,000

Lost contribution from forgoing standard order (30-21) × 2000 =(<u>18,000)</u>

Decrease in profit <u> (9,000)</u>

By accepting the special order, the company would lose $9,000 of its profit

7 0

3 years ago

On December 31, there were 26 units remaining in ending inventory. These 26 units consisted of 2 from January, 4 from February,

Viktor [21]

Answer:

The ending inventory cost is $3,800

Explanation:

The ending inventory cost is computed as using the method or approach of specific identification:

Ending inventory cost = Units of January × Price + Units of February × Price + Units of May × Price + Units of September × Price + Units of November × Price

where

Units of January is 2 and price is $120

Units of February is 4 and Price is $130

Units of May is 6 and Price is $140

Units of September is 4 and Price is $150

Units of November is 10 and Price is $160

Putting the values above:

Ending inventory cost = 2 × $120 + 4 × $130 + 6 × $140 + 4 × $150 + 10 × $160

= $240 + $520 + $840 + $600 + $1600

Ending inventory cost =$3800

Note: Here in the questions units are missing. So, I took the units and computing the same.

January 10- units at the rate $120

February 20- units at the rate $130

May 15- units at the rate $140

September 12 -units at the rate $150

November 10- units at the rate $160

6 0

3 years ago

A company uses the weighted-average method for inventory costing. At the end of the period, 21,000 units were in the ending Work

AveGali [126]

Answer:

$84,945.

Explanation:

cost to be assigned to the ending Work in Process inventory

= (21000×2.56)100% + (21000×2.25)66%

= $84,945

Therefore, The cost that would be assigned to the ending Work in Process inventory for the period is $84,945.

7 0

3 years ago