Answer:
$277,125
Explanation:
The calculation of income tax expense is shown below:-
Income tax expense = Income taxes payable at the end of 2022 + (Rent revenue ÷ 2) × Tax rate
= $258,000 + (($153,000 ÷ 2) × 0.25)
= $258,000 + $76,500 × 0.25
= $258,000 + $19,125
= $277,125
Therefore for computing the income tax revenue we simply applied the above formula.
Answer:
The average inventory which HG should carry during the year is 5,000 units.
Explanation:
Economic Order Quantity is the ideal inventory procurement which minimizes holding and ordering cost. The EOQ is used by businesses in order to determine the best possible inventory holding.
EOQ = 
EOQ = 
EOQ = 5,000 units
Answer: Has increased.
Explanation: Income per person has increased over the years because the cost of living and expenses have also increased. As the cost of items go up, income increases to help consumers be able to afford living and purchasing goods and services.
Answer:
The answer is: B) supertrends
Explanation:
A trend can be defined as a general direction in which things are developing. Economists use the term supertrend as predictions of how the economy and businesses will develop in the future.
One of the most common supertrend prediction is; technological progress will improve human health and promote economic growth - artificial intelligence is the key. This might sound very obvious, since it has been continually occurring since the industrial revolution, but the pace of technological progress should accelerate. Just imagine 30 years ago computers weren't that common at homes, now it is difficult to stop looking at your smartphone every once in a while.
Answer:
True
Explanation:
At the end of the manufacturing period the overhead cost applied to manufactured goods are compared to actual cost incurred.
If, Actual Overheads > Applied overheads, we say overheads are underapplied. this means the cost of goods sold has been charged too little and must be increased.
and
If, Applied Overheads > Actual overheads, we say overheads are overapplied. this means the cost of goods sold has been charged too much and must be lowered.
