Someone who is retiring has more experience on what to invest in than someone who is still getting used to knowing what to invest in
Answer:
$6,625,000
Explanation:
Direct material $1,323,600
Direct labor. $1,680,000
Total factory overhead. $3,544,200
Add: Opening work in process inventory $455,300
Less: Closing work in process inventory ($378,100)
Costs of goods manufactured $6,625,000
Answer:
Explanation:
Answer:
$200000 + $200000 +$50000(to COLE's bonus)
= $450000
Ruby corporation uses accrual method.
A corporation that is using accrual method, cannot claim a deduction for an accrual with respect to a related party until the recipient reports that amount as income.
Here, Cole owns more than 50% (55%) so its a related party and it will report bonus on february 1,2017
Therefore, Ruby can not deduct bonus payable to oliver in 2016
Hence total deductible in 2017 would be $450000.
This question is incomplete because the text is missing; here is the missing part:
Text 1
1. Remove the back cover, using a small screwdriver to loosen the screw
2. Remove batteries and replace with two new AAA batteries. use the + and - signs to position correctly. dispose of used batteries properly.
3. Replace the cover and tighten the screw with the screwdriver
4. Reset the time using the side buttons
The GMX 200 is guaranteed to keep time accurately for one full year from date of purchase should it malfunction in any way during this time period, your money will be refunded in full.
The correct answer to this question is C. The users will get full refund if there is malfunction during the guarantee period.
Explanation:
This text provides instructions to change the battery in a GMX 200, which can be inferred it is a clock or similar device. This text explains the different steps users need to follow to change batteries. Moreover, in the last section of the text, it is clarified if there is any failure during the first year, which is the guaranteed time "your money will be refunded in full". According to this, it can be inferred during this time any malfunction implies the user gets a complete refund (option C.)