Answer:
the average unit cost: $7.917
Explanation:
I think your question is missed of key information, allow me to add in and hope it will fit the original one.
<em>In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Assuming there are 200 units on hand at the end of the period. Calculate average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)</em>
My answer:
Given:
- 1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9.
<=> Total units = 300 + 400 + 500 = 1200 units
<=> Total cost: 300*$6 + 400*$8 + 500*$9
= $1,800 + $3,200 + $4,500
= $9500
- As we know that, the average unit cost:
= Total cost / total units
=$9,500 ÷ 1,200 = $7.917
Hope it will find you well.
<em />
JP Morgan was a captain of Industry.
I believe the answer is: The tax deferred nature.
Investment is considered to has tax deferred nature if the tax payment for the investment can be made years later after its due. This favoured as a retirement plan because it make the investors have more money to spend during the productive years prior to retirement.
Answer and Explanation:
The computation of the amount and the character of the renata gain or loss is shown below;
purchased equipment in 2018 $244,800
regular MACRS depreciation taken -$110,160
WDV as per MACRS method $134,640
Less: Sell the equipment -$146,880
loss on sale of equipment -$12,240
There is a loss and that would be short term capital loss
Answer:
Withheld from employee pay.
Explanation:
Your paycheck stub should show the following withholdings:
1) The Federal Insurance Contributions Act (FICA) taxes include:
- Social security tax rate for employees is 6.2% (for all income up to $132,900)
- Medicare tax rate for employees is 1.45% (for all income up to $200,000, above that an extra 0.9% is collected)
2) Federal income taxes (depends on income bracket)
3) State income taxes (depends on state taxes and income brackets, not all states collect them)
4) any other local or city taxes