Answer:
$79,000
Explanation:
The computation of the taxable income is shown below:
Taxable income = Adjusted gross income for 2019 - his itemized total deductions
= $98,000 - $19,000
= $79,000
The Ramon is not given any personal exemption because from the year 2018 to the year 2025, no personal exemption is allowed as new tax rules are implemented.
Answer:
$429.60 Favorable
Explanation:
Provided information,
Standard Hours for each product = 3 hours
Standard Cost per hour = $14.00
Actual hours used = 198
Actual output = 80 connectors
Standard hours for actual output = 80 
3 = 240 hours
Actual Rate = $14.80 per hour
Direct labor cost variance = Standard Cost - Actual Cost
Standard Cost = Standard hours Standard Rae
= 240 $14 = $3,360
Actual Cost = 198 $14.80 = $2,930.40
Variance = $3,360 - $2,930.40 = $429.60
Since actual cost is less than standard variance is favorable.
$429.60 Favorable
Answer:
Net advantage (disadvantage) ($5,400)
Explanation:
Product QI
Sales value after further processing ($15 × 2,600) $39,000
Costs of further processing $10,600
Benefit of further processing $28,400
($39,000-$10 600)
Less: Sales value at split-off point ($13 × 2,600) $33 800
Net advantage (disadvantage) ($5,400)
Answer:
Net cash flows from financing activities is $24,000
Explanation:
Cash flow from financing activities:
Proceeds from stock issue $20,000
Dividends ($5,000)
Sale of treasury stock $9,000
net cash flow from financing activities $24,000
The issue of long-term note payable of $35,000 does not involve an actual movement of cash,hence has zero impact on the cash flow from financing activities.
The dividends payment has negative sign because it is an outflow of cash unlike others that cash inflows.
Answer:
The correct answers are 200 million; increase.
Explanation:
The aggregate expense is the approximate value of the goods and services that an economy will produce. It measures its economic activity, or gross domestic product. Its definition in terms of the variables of the components is the sum of consumption, expected investments and public spending and net exports. The factors that affect it usually alter the estimated value. These factors must initially affect the variables of the components in order to alter the net aggregate.
