Answer: $50,000
Explanation:
To calculate David's basis in S corporation we subtract the value of the land at it's current value from his basis in S corporation stock of $270,000 on the distribution date.
We will then add his portion of the capital gain on the land because all shareholders shared it equally and as such it should increase his basis as it did theirs.
Calculating then we have,
= 270,000 - 240,000 + 20,000
= $50,000
David's basis in the S corporation becomes $50,000.
Answer:
d. $80 per machine hours
Explanation:
The computation of the overhead rate is shown below:
Overhead rate = Estimated total overhead cost ÷ total machine hours
= $16,000,000 ÷ 200,000 hours
= $80 per machine hours
The overhead rate is come by dividing the estimated total overhead rate by the total machine hours
All the other information that is mentioned is not considered. Hence, ignored it
In the expectancy theory, valence refers to the: A. amount of effort a person puts towards a known goal. B. individual's perceived probability of performing the task at a particular level. C. anticipated satisfaction or dissatisfaction that an individual feels towards an outcome.
Answer:
The correct answer is d) technical skills.
Explanation:
Technical or hard skills are those that serve to perform a specific function and that are developed through training, education or training.
While there is no single technical skill that defines a good professional, there will always be one or more that is valued in a selection process.
According to several experts on recruitment issues, these could be some examples of technical skills best valued by the recruiters when hiring.
-
Basic computer knowledge (Office tools).
- Management of database software (Excel).
- Use of programs to make graphic presentations (Power Point).
- Title or specific training for a specific job.
- Accounting management
- Knowledge in transcription and shorthand.
- Persuasive writing techniques.
- Basic knowledge of sector regulation.
- Management of digital tools for analysis and community management.
- Basic graphic design techniques (Photoshop or Illustrator).
- Use of software for web positioning such as Google Analytics.
- Knowledge of languages.
Answer and Explanation:
The preparation of the production budget is presented below:
Projected sales units 800,000 candles
Add: Desired ending inventory, Dec 31 20,000 units
Total units available 820,000 units
Less: Estimated beginning inventory,Jan 1 -35,000 units
Total units to be produced 785,000 units
We simply applied the below formula i.e
= Sales units + ending inventory units - beginning inventory units
By applying this formula we can get the Total units to be produced in January month