The CBA is one of the first steps in seeking initial approval from senior management for an HRIS Project.

A company wants to set up a new office in a country where the corporate tax rate is as follows:

evablogger [386]

Answer: taxable income = $162,000

Tax = $46,430

Explanation:

3 0

3 years ago

Job-Order Costing Variables On July 1, Job 46 had a beginning balance of $1,235. During July, prime costs added to the job total

Anika [276]

Answer:

1 $126

2 $140

3 90%

Explanation:

1. Overhead applied = Closing balance of job - (opening balance of job + prime cost added to the job during the month

= $1,921 - ($1,235 + $560)

= $1,921 - $1,795

= $126

2. Direct labor for job 46 for July.

Direct labor = prime cost / ( 3 parts of direct materials + 1 part of direct labor)

Direct labor = $560 / 4

Direct labor = $140

Therefore, direct labor for job 46 for July is $140

Direct materials for job 46 for July

= Direct labor cost × 3(This is due to the fact that prime cost includes 3 parts of direct materials

= $140 × 3

= $420

3. Overhead rate for the company

= [($126 / $140) × 100

= 90%

6 0

2 years ago

In terms of the number of contracts as well as the dollar volume, what kind of contract constitutes the largest class of contrac

AlexFokin [52]

Answer:

The correct answer is The Sale of Goods.

Explanation:

The sale of goods constitutes the action by which furniture and real estate, securities and securities are disposed of at a certain price.

For legal purposes, the sale originates through a contract known as a sale, under which a good or service is transferred to a foreign domain for a previously agreed price.

The contract of sale is composed of personal, real and formal elements in order to establish the parties and their obligations and indicate the price and characteristics of the good or service for sale, which is why it is determined as a bilateral contract.

7 0

3 years ago

Puppy Co. reports the contribution margin income statement for 2020.

Oksi-84 [34.3K]

Answer: See explanation

Explanation:

a. Compute the company's degree of operating leverage for 2019.

This will be:

= Contribution / Pre tax income

= 432000 / 108000

= 4

b. If sales decrease by 5% in 2020, what will be the company's pretax income?

We should note that the degree of operating leverage is:

= % change in pre tax income / % change in sales

4 = % change in ore tax Income / 5%

% change in ore tax income = 5% × 4 = 20%

Company's pre-tax income will be:

= 108000 - (20% × 108000)

= 108000 - (0.2 × 108000)

= 108000 - 21600

= $86400

c. Assume sales for 2020 decrease by 5%. Prepare a contribution margin income statement for 2020.

Sales = 2160000 × 95% = 2160000 × 0.95 = 2052000

Less: Variable cost = 1728000 × 95% = 1728000 × 0.95 = 1641600

Contribution margin = 410,000

Less: Fixed cost = 324000

Pre tax net income= 86400

4 0

2 years ago

One of the major functions performed by the Federal Reserve district banks is

Norma-Jean [14]

One of the major functions performed by the Federal Reserve district banks is Holdings. Federal Reserve has 12 districts through out the U.S to carry out their function. The holdings function means they have to hold an amount of commercial banks money for reserve. Besides holding, Federal Reserve districts also do 4 other primary functions.

7 0

3 years ago