Answer:
$8,000
Explanation:
The computation of the monthly rental expense allocated is shown below:
Rent allocated to 1st floor:
= $30,000 × 2 ÷ 3
= $20,000
There is 50,000 square feet i.e. equally divided between first floor and second floor. so 25,000 square feet for each floor.
Now
Rent allocated to 10,000 square feet:
= ($20,000 ÷ 25,000) × 10,000
= $8,000
Answer: Private good
Explanation:
According to the given scenario, the Pennsylvania Turnpike is classified the private type of good on the basis of given situation as private good is one of the type of goods that must be purchased by the customers due to its positive advantages or benefits.
The private goods are consumed by the customer in maximum amount in the market as it is one of the essential type of good as it is Rivalry and excludability.
The following are some example of the private goods are as follows:
- Food
- Clothes
- Fresh air
- Knowledge
Therefore, Private good is the correct answer.
A variable annuity contract is often described as a mutual fund family wrapped in an annuity contract. ... Many annuities offer a wide range of investment options, with up to 50 different funds. These annuity investment options are known as subaccounts. Some companies refer to these options as investment portfolios.
Answer: $8500
Explanation:
Since the total amount of estimated tax liability for 2018 is $18000 and the tax withholding is $9500$, then the balance tax payable for 2018 will be:
= $18000 - $9500
= $8500
Therefore, the minimum amount of total estimated tax that Randy must pay in 2018 in order to avoid a penalty for underpayment of estimated taxes will be $8500
