Yeah, actually probably. I bet.
Answer:
Explanat
Remember, your skill at choosing that product or service is critical to your success. The most important thing you can do before deciding what to sell is to think. And the more you think about a product or service before you bring it to market, the better your decisions will be.
Answer:
Predetermined overhead rate=$8 per hour
Applied overheads=$799,200
Explanation:
Predetermined overhead rate is calculated using the following formula:
Predetermined overhead rate=Estimated overhead/Estimated direct labor hours
Predetermined overhead rate=800,000/100,000
=$8 per hour
Applied overheads= Predetermined overhead rate*number of direct labor hours
Applied overheads=8*99,900
=$799,200
Answer:
The question is probably missing options as given below:
In 2019, Beth sold equipment used in her business. Her basis in the property was $300,000 ($500,000 cost less $200,000 of depreciation). Beth sold the property for $400,000, with $100,000 due on the date of the sale and $300,000 (plus interest at the Federal rate) due in 2020. Beth's recognized gain from the installment sale in 2019 is:
A) $0.
B) $50,000.
C) $100,000.
D) $200,000.
E) None of the above.
Beth's recognized gain from the installment sale in 2019 is $100,000, as a result option C is correct.
Explanation:
The gain on the sale remains the same whether or not total proceeds were received at the time of disposal or postponed.
The gain is: Sale proceeds-property basis(cost less depreciation)
=$400000-$300000
=$100,000 which gives C as the option to pick.
