Answer:
$8,013
Explanation:
The computation of the amount of the depreciation expense is shown below:
The net income is
= An addition to retained earnings + cash dividend paid
= $4,221 + $469
= $4,690
Now the earning before tax
= (Net income) ÷ (1 - tax rate)
= ($4,690) ÷(1 - 0.21)
= $5,937
Now the earning before tax and interest is
= $5,937 + $1,300
= $7,237
So, the depreciation expense is
= $30,600 - $15,350 - $7,237
= $8,013
Answer: Improvement to the environment brought about through the politicians' public support of environmental regulations more than offset the damages done to the environment by the politicians' private plane.
Explanation:
The above answer accept the fact that the politicians' affect the environment negatively by their planes but this has been erased by their more positive contribution to the economy through environmental regulations.
The fact that politicians' hide the facts that they travel by private plane in their speeches or that the people are not convinced of their speeches as regards the environment or the majority of people believe that they make society problem worse non of these debunks the claim that the politicians' do not believe what they say but are only making the environment worse by flying in private plane that pollutes the environment.
1. If I am in charge of developing a tax system for my country, I will structure the tax rate in such a way that, the rich will pay a higher percentage of tax than the poor. This type of tax system is called progressive tax. The income tax for instance will be based on the amount of income that each person earns, thus, those earning higher incomes will pay more tax than those earning lower incomes. Thus, the rich will always pay the greater percentage of taxes.
2. Tax payments should be used for the following:
a. To fund health programs.
b. To fund national defense and security programs.
c. To fund social security programs.
d. To pay interests on national debts.
e. To pay war veterans.
f. To fund educational program.
g. To fund assistance agricultural programs.
C. Bar chart , It’s a better visual to see the different votes the classmates chose for their 4 field trip options.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Estimated overhead costs for the year are $ 810,000, and estimated direct labor hours are 360,000.
The company incurred 20,000 direct labor hours.
First, we need to calculate the estimated overhead rate:
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 810,000/360,000= $2.25 per direct labor hour
Now, we can allocate overhead based on actual direct labor hours:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 2.25*20,000= $45,000
