Solution:
a. Chaz has a of $5,000 and the corporation has a deduction of $0.
b. Chaz has interest of $1,800 and a note repayment of $3,000 of which $1,800 is taxable to Chaz. The corporation has a deduction of $1,800.
Revenue tax payable covers state, national and local charges The dollar owed is the amount accrued since the last tax form of the corporation. Payroll taxes, property taxes and sales taxes are usually different duties.
Answer:
Actual Direct material cost = $81,500
Actual Direct labor cost = $187,500
Actual manufacturing overhead = $272,000
Explanation: kindly see attached picture for detailed explanation.
Variances ; Standard Cost Unfavorable Favorable Direct materials $ 80,000 Price variance $ 4,500 Quantity variance $ 3,000 Direct labor 184,000 Rate variance 2,700 Efficiency variance 6,200 Manufacturing overhead 271,000 Spending variance 4,000 Volume variance 5,000 Determine the actual costs incurred during the month of May for direct materials, direct labor, and manufacturing overhead.
Answer:
d. $1,647
Explanation:
The computation of the ending inventory using the FIFO method under the periodic inventory system is shown below:
But before that first we have to determine the ending inventory units which is
= Beginning inventory + first purchase units + first purchase units + first purchase units - sold units
= 7 units + 17 units + 20 units + 18 units - 35 units
= 27 units
Now the ending inventory is
= 18 units × $62 + 9 units × $59
= $1,116 + $531
= $1,647
Munsterberg suggest that psychologists could contribute to industry in the ways as listed below:
- Identifying people suitable for a specific job
- Identifying the psychological conditions that will bring out the best from a worker
- identifying optimum management strategies that will unite the employees to the organization's goal
<h3>Who is a psychologist?</h3>
A psychologist refers to an expert in psychology where psychology studies the mental health. This discipline deals greatly in how human behaves and the reason for such behavior.
Psychologists play a greater impact in making people act in a certain way since they can guess intelligently on the expected behavior of an individual under a given circumstance. This abilities of psychologists enabled Munsterberg to make the suggestions listed
Read more on psychology here: brainly.com/question/12011520
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Answer:
0.7625-80
Explanation:
The computation of the direct quote for dollars in London is shown below:
Direct quote is
= 1 ÷ direct quote in new york
where,
direct quote in new york is 1.3115
Now place these values to the above formula
So, the direct quote is
= 1 ÷ 1.3115
= 0.7625-80
Hence, the direct quote for London in dollars is 0.7625-80
We simply applied the above formula
