Answer:
The correct answer is 14%
Explanation
Year 1: $600,000
Year 2: $684,000
Year 2 ($684,000) - Year 1 (600,000) = $84.000
Method "Rule of three" or Cross multiplication
$600,000------100%
$84,000-------- ?
$84,000 x 100= 8,400,000 then you divide the answer into $600,000
8,400,000/600,000= 14%
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Direct materials= 33,000
Direct labor= 13,000
Manufacturing overhead= 23,000
The prime cost is the sum of total direct material and total direct labor. The conversion cost is the sum of direct labor and allocated overhead.
Prime cost= direct material + direct labor
Prime cost= 33,000 + 13,000= $46,000
I will prefer to know the OPERATING INCOME. Operating income refers to the operating profits of a company before the taxes and interests are removed. It reflects the true situation of the company and can be used to analyse if a company is making profits from its manufacturing process or not. The net income of a company has some expenses and costs that do not reflect the core operations of the company.
Answer:
The correct answer is A
Explanation:
Transfer of value is the term which is defined or described as the rule that stipulate when any interest in the policy or the life insurance policy is transferred for something of value such as property and money. A portion of the death advantage is subject to be taxed on the ordinary income.
So, when the money or amount of money is paid if the change of ownership in the life insurance policy happen or occur, then it is usually known as the transfer of the value.
I’m not I’m sorry need points