Slow down the productivity of the workplace
Answer:
$2,650,000
Explanation:
For Instrument Division:
Increase in Income per unit:
= Existing Purchase Price - New Purchase Cost (Transfer price)
= $175 - $148
= $27
Total Savings/Increase in Income:
= Number of units × Increase in Income per unit
= 50,000 × $27
= $1,350,000
For Components Division:
Increase in Income per unit:
= Sales or transfer price - Variable Cost
= $148 - $122
= $26
Total Savings/Increase in Income:
= Number of units × Increase in Income per unit
= 50,000 × $26
= $1,300,000
Therefore, the total income from operations increase is as follows:
= Instrument division increase in income + Component division increase in income
= $1,350,000 + $1,300,000
= $2,650,000
The answer is the name and the title
A like insurance contracts they involve transefer of risks
Answer:
$255,000
Explanation:
Given that,
2016:
Taxable and pretax financial income = $850,000
Tax rate = 30%
2017:
Taxable and pretax financial income = $850,000
Tax rate = 35%
Income tax refund receivable in 2018:
= Taxable and pretax financial loss in 2018 × Tax rate in the year 2016
= $850,000 × 30 percent
= $255,000
Note:
(i) The carry back provision allows losses to be carried back to preceding 2 years, with the amount of net loss being applied to earliest year first.
(ii) 2018 net loss should be applied to income of 2016 first.
