Answer:
B) an increase of $1,000 (based on the new tax cut)
A) zero for years ended December 31th 2017 or before.
Explanation:
On the recent tax cut of 2018 the hobbies deduction was negated.
The itemized deduction for hobbies is no longer valid in the new fiscal system.
In the previous tax laws Hobbies weren't treated as business as they seek enternainment not profit. It was available to deduct up to the revenues generates from the hobbies.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
True.
explanation: production process is concerned with transforming a range of inputs into those outputs that are required by the market.
Answer:
a. $8,600
Explanation:
The cost of goods manufactured equation is the sum of the total manufacturing costs (i.e all direct materials, direct labor, and factory overhead) and the beginning work in process inventory also subtracting the ending goods in process inventory.
The total raw materials was $8600 of which $6000 was debited to work in process and $2600 was debited to manufacturing overhead. The work in process is the cost of direct materials, hence the cost of good manufactured is given as the total raw materials which is $8600
There has been a study that has conducted of hazing should
be a part or not in organizations with the greek students. Almost all of the
people that have surveyed and participated had agreed to have hazing as not a
part of the organizations which led to a result of 79.4%, while the remaining
12.8% has agreed that hazing is an essential part of the organization.