Answer:
Percent of sales
Explanation:
A pro forma invoice contains a description of goods and services that is being provided by the supplier.
It is sent to the buyer before shipment of the product.
The pro forma invoice also contains information like the eight of the good and shipping cost.
The percentage of sale method of preparing pro forma invoice focuses on the amount of funding that is required to increase sales.
This method forecasts sales and values for the cost of goods sold, operating expenses, and interest expense that are expressed as a ratio of projected sales.
Answer:
C. Is available for qualifying expenses paid on behalf of the taxpayer and his or her spouse, in addition to those paid for dependents
Explanation:
American Opportunity tax credit was called the HOPE credit. It is available for the first four years of an individual's post secondary school education.
It covers 100% of the first $2,000 cost for tuition, fees, books, and course material.
Items that do not qualify are room and board, transportation cost and personal expenses.
The tax credit is available for qualifying expenses paid on behalf of the taxpayer and his or her spouse, in addition to those paid for dependents.
Answer:
the labor efficiency variance is $35,244 favorable
Explanation:
The computation of the labor efficiency variance is shown below:
As we know that
Efficiency Variance is
= Standard rate × (Standard hours - Actual Hours)
= $13.20 × (9.4 ×1,050 units - 7,200 hours)
= $13.20 × (9,870 hours - 7,200 hours)
= $35,244 favorable
hence, the labor efficiency variance is $35,244 favorable
The best answer for this question would be:
d. The 5 string bass guitar
This innovation is not a dominant design
because it has already been done, and that the attempt of this 5-string would
result in a musical failure.
