Answer:
$11,947
Explanation:
The following expenses shall be allowed as qualified higher education expense to Jose for the purpose of his son Qualified tuition program
Tuition Fees $6,400
Room and board $4,775
Books $772
Total expenses to be allowed $11,947
Answer:
Transfer price = $3055
Explanation:
given data
Direct materials = $890
Direct labor = 1,590
Variable overhead = 575
Fixed overhead = 385
Market price per unit = 4,395
to find out
best transfer price to avoid transfer price
solution
we know that When transfer or division is excess the capacity
then transfer price will equal to variable cost
so
Transfer price = Direct material + Direct labor + Variable overhead ..................1
put here value we get
Transfer price = 890 + 1590 + 575
Transfer price = $3055
Answer:
If the United States grows 100 apples, its opportunity cost is 20 pairs of shoes, and if it produces 20 pairs of shoes, its opportunity cost of 100 apples.
If Canada produces 10 pairs of shoes, its opportunity cost is 20 apples, and if it grows 20 apples, its opportunity cost is 10 pairs of shoes.
Canada's opportunity costs are lower than the US opportunity costs. However, assuming that both countries have the same amount of inputs, the United States has by far the absolute advantage, because it can produce more of either product, therefore, it would have more power in a trade deal.
Complete Question:
Accounting for an Operating Lease) On January 1, 2020, a machine was purchased for $900,000 by Young Co. The machine is expected to have an 8-year life with no salvage value. It is to be depreciated on a straight-line basis. The machine was leased to St. Leger Inc. for 3 years on January 1, 2020, with annual rent payments of $150,955 due at the beginning of each year, starting January 1, 2020. The machine is expected to have a residual value at the end of the lease term of $562,500, though this amount is unguaranteed.
Instructions
a. Record the journal entries St. Leger would record for 2020 on this lease, assuming its incremental borrowing rate is 6% and the rate implicit in the lease is unknown.
b. Suppose the lease was only for one year (only one payment of the same amount at commencement of the lease), with a renewal option at market rates at the end of the lease, and St. Leger elects to use the short-term lease exception. Record the journal entries St. Leger would record for 2020 on this lease.
Answer:
Attached file is the is a detail preparation in excel format
Answer:
Research
Explanation:
An e-commerce shop is an online based store where the seller lists items for sale and customers search and select and order the ones they would like to purchase. The stage of the searcher's intent an e-commerce owner would focus on is the <em>research stage. </em>Their website should always be at the top of the potential customers' search engines. This would increase the likelihood of them committing and making a purchase.