Answer:
Period cost= $840
Product cost= $1260
Explanation:
Product costs are the direct costs involved in producing a product.
Period costs are not directly tied to the production process.
The insurance premiums that a company pays for nonmanufacturing protection will be expensed in the period in which the insurance premiums expire. However, the insurance premiums for the manufacturing operations will become part of the product costs as the insurance premiums expire.
<u>In this exercise:</u>
Period cost= 2100*0,40= $840
Product cost= 2100*0,60= $1260
The answer is B.
A chart is not the same as a Venn Diagram.
$2,175 dan can deduct for taxes as an itemized deduction this year.
What is a tax?
A tax is a mandatory financial charge or other type of levy placed on a taxpayer (an individual or legal entity) by an administrative body to pay for various public expenditures and administrative costs.
The following chart shows how the itemized deduction was calculated:
State income tax withholding and anticipated payments for state income tax
= $1,375 + $800
= $2,175
We do not deduct Social Security tax, state excise tax on alcohol, or federal income tax withholding because these taxes are taxable.
Additionally, the automobile license is dependent on the weight of the vehicle rather than its market worth. Therefore, this wouldn't be regarded.
Additionally, we might choose among the state income tax or the sales tax. So, in the calculating section, we include the state income tax.
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I would say B Try to work with the creditor first
Answer:
c. decrease the money supply, increase taxes
Explanation:
Unemployment rate lower than the natural rate of unemployment (long run unemployment), creates inflationary gap in the economy. It requires policies to be contractionary in nature. Hence, money supply should decrease and tax should increase to correct the economy.