Jerome could be taking inventory. This process ensures that the business has the raw goods it needs to operate.
Answer:
D) $2,200
Explanation:
The IRS does not allow individuals to deduct time spent as a volunteer from their gross income, volunteers can only deduct certain expenses related to the activity.
The only things that Emily can deduct for this charitable activity are transportation costs, lodging costs and meals:
Emily's deduction = $600 + $1,200 + $400 = $2,200
Answer: False
Explanation:
In a production budget, when the number of units in finished goods inventory at the end of the period is less than the number of units in the finished goods inventory at the beginning of the period, this simply means that the expected number of units sold is higher than the number of units that was produced for that particular period.
Fro example, let's assume that the beginning inventory is 20,000 and the units of goods produced is 25,000 while the units sold is 27,000. Then, the ending units will be:
= 20,000 + 25,000 - 27,000
= 18,000
As we can see from the example, the number of units in the finished goods inventory at the end of the period(18,000) is less than the number of units in the finished goods inventory at the beginning of the period(20,000), the expected number of units sold(27,000) is more or higher than the number of units to be produced(25,000) during the period.
Answer:
d
Explanation:
electronica means electronic. i hope i helped u, have a nice dat
