Answer:
The correct answer is $814 Unfavorable because actual medical supplies is more than standard.
Explanation:
Actual Medical Supplies $26,768
Standard Medical Supplies for Actual Activity $25,954
(6.60*3,690+1,600)
Medical Supplies Spending Variance 814 Unfavorable
Therefore, The correct answer is $814 Unfavorable because actual medical supplies is more than standard.
Answer:
Equity or Economic equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics.
Answer:
$62,000
Explanation:
Calculation to Determine Barnaby's basis at the end of the tax year
Using this formula
Ending tax year Barnaby's basis in the partnership=[BBB Partnership basis+( Share of debt-Share of partnership debt)+ Share of Partnership's income +Share of partnership's nontaxable income-Cash distributions]
Let plug in the formula
Ending tax year Barnaby's basis in the partnership =$50,000 + ($8,000-$5,000) + $20,000 + $1,000 - $12,000
Ending tax year Barnaby's basis in the partnership =$50,000 + $3,000 + $20,000 + $1,000 - $12,000
Ending tax year Barnaby's basis in the partnership = =$62,000
Therefore Barnaby's basis at the end of the tax year will be $62,000
Referred to as a stock certificate, hope this helped!
