True or false - the power to levy federal income taxes rests with the u.s. congress

During April, the production department of a process manufacturing system completed a number of units of a product and transferr

den301095 [7]

Answer:

Using the weighted-average method, compute the direct materials cost and the conversion cost per equivalent unit and assign April's costs to the department's output.

Cost per equivalent unit

Material

$2,35

Conversion

$1,93

TOTAL Cost per equivalent unit

Material

$968.840

Conversion

$697.890

TOTAL

$1.666.730

Explanation:

Material Conversion

Units transferred to the next department 320,000 320,000

Materials 90% 102,000 91,800

Conversion Cost 40% 102,000 40,800

Equivalents Units Production 411,800 360,800

Cost of beginning work in process inventory $ 118.472 $ 48.594

Costs added during the period $ 850.368 $ 649.296

TOTAL COST $ 968.840 $ 697.890

Equivalents Units Production 411.800 360.800

Cost per equivalent unit $2,35 $1,93

Units completed and transferred out:

Equivalent units of production (a) 411.800 360.800

Cost per equivalent unit $968.840 $697.890 $1.666.730

6 0

3 years ago

Most markets are not monopolies in the real world because

tresset_1 [31]

Answer:

D. there are reasonable substitutes for most goods.

Explanation:

A monopoly is when there is only one firm operating in the industry. There are also no subsituites for goods and services produced by the monopoly. The monopoly sets the price for his product and earns economic profit in the long and short run.

There aren't a lot of monopolies in the real world because most goods have substitutes. Therefore, consumers can substitute the monopoly product for another product and there isn't just one firm operating in the industry.

4 0

3 years ago

Andrea Apple opened Apple Photography, Inc. on January 1 of the current year. During January, the following transactions occurre

tiny-mole [99]

Answer:

$43,745

Explanation:

Calculation for what the Capital account reported on the Statement of Owner's Equity at the end of the month would be

Using this formula

Ending Capital Balance = Cash (1)+ Photography equipment (2) +Cash for services provided (4)+Services to customers on account (6)- Monthly rent(7)- Utility (9)

Let plug in the formula

Ending Capital Balance = $13,800 + $23,000 + $6,000 + $3,050 - $1,800 - $305

Ending Capital Balance= $43,745

Therefore the balance in the Capital account reported on the Statement of Owner's Equity at the end of the month would be: $43,745

5 0

3 years ago

How can you create a personal budget

Alisiya [41]

You can use excel to create one

8 0

2 years ago

Raphael and Martina are engaged and are planning to travel to Las Vegas during the 2019 Christmas season and get married around

Tanzania [10]

Answer:

It would be better to get marry on 2019 that way they will saved in income taxes $138

Explanation:

We have to compare their two single taxable income

against marry filing jointly:

Martina:

15,000 - 12,200 standard deduction = 2,800

It willbe taxed at 10% = 280

Raphael:

45,000 - 12,200 standard = 32,800

It will be taxed 10% of 9,700 = 970

and 12% above: (32,800-9,700) x 12% = 2,772

total income tax for Raphael: 3,742

Total if married in 2020: 4,022

Jointly:

60,000 - 24,400 = 35,600 taxable income

it will be taxes at 10% for the first 19,400 = 1,940

and at 12% for the above: (35,600 - 19,400) x 12% = 1,944

Total: 3.884‬

Difference:

4,022 - 3,884 = 138

3 0

3 years ago