Answer:
The correct answer is letter "A": sales minus cost of goods sold.
Explanation:
Gross Profit is one of several important measurements of a company's profitability. Specifically, <em>it is derived from taking sales revenue and subtracting the costs of goods sold</em>. The costs of goods sold include the expenditures of raw materials and labor involved in making the products.
Answer:
a. CPA exam review course $0
b. Law school expenses $4,000
Explanation:
1a. CPA exam review course will be $0 because the IRS has disallowed any costs that will lead to qualifying for a different trade .
1b. The Law School expenses will be $4,000 . Based on section 222, Samantha is been limited to $4,000 of the tuition paid.
Therefore the balance of $650 is excess tuition $200 + $450 books which will not qualify under the regular education expense deduction due to the negative position of the IRS on law school costs.
Answer:
![\left[\begin{array}{cccc}-&Actual&Variance&Flexible Budget\\Indirect labor&10,760&240F&11,000\\Indirect Materials&7,520&180F&7,700\\Utilities&3,950&450F&4,400\\Supervision&4,200&0&4,200\\dep&1,800&0&1,800\\Prop.taxes&600&0&600\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D-%26Actual%26Variance%26Flexible%20Budget%5C%5CIndirect%20labor%2610%2C760%26240F%2611%2C000%5C%5CIndirect%20Materials%267%2C520%26180F%267%2C700%5C%5CUtilities%263%2C950%26450F%264%2C400%5C%5CSupervision%264%2C200%260%264%2C200%5C%5Cdep%261%2C800%260%261%2C800%5C%5CProp.taxes%26600%260%26600%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
Idirect labor 1
Indirect materials 0.7
Utilities 0.4
fixed per month
supervision 4,200
Dep 1,800
property taxes 600
Units produced
We multiply the variable components rate by the units produced. Then we calcualte the variances
Answer:
Leadership within a project team should be demonstrated only by the project manager. ... When many members of the project team disagree, then it may be best to delay the decision, gather more data, or agree to let one or two team members investigate and recommend a strategy for the whole team
