Answer:
$41,850
Explanation:
Chatfield report as the current portion of its income tax expense in the year 2018
Taxable income X Tax Rate for 2018
$155,000 X 27% = $41,850
Um I think it’s number 4.
Answer:
The correct answer is D. beach towel production is both allocatively and productively efficient.
Explanation:
Productive efficiency (also known as technical efficiency) occurs when the economy is using all its resources efficiently, producing maximum production with minimum resources. The concept is illustrated in the Production Opportunities Frontier (FPP) in which all points of the curve are the points of maximum productive efficiency (that is, no more products can be achieved from the present resources).
Answer:
The amount of overhead applied during the year is $2,680,000
Explanation:
For computing the amount of overhead applied, the following computations are required which is shown below:
1. Compute the overhead cost per machine hour:
The formula is shown below:
= Annual overhead cost ÷ machine hours
= $2,400,000 ÷ 300,000
= $8
Now the amount of overhead applied equals to
= Actual machine-hours × overhead cost per machine hour
= 335,000 hours × $8
= $2,680,000
Agreements between two or more independent firms to cooperate for the purpose of achieving common goals such as a competitive advantage or customer value.
Answer: Option D.
<u>Explanation:</u>
Strategic alliance is the alliance of two or more firms or companies with each other. This alliance has been formed by tow or more companies with each other in order to achieve common goals.
But this does not mean that these firms and companies will give up their independence in forming their alliance. The goals for forming this is to earn profits and get access to the market.
