The maximum deduction that Fariq can deduct is $1,019,000
<u>Solution</u>
In the year 2020, the Sec 179 deduction expense is given as 1040000 dollars. This the deduction expense given that the qualifying personal property has a worth that is greater than 2590000 dollars.
Then the phase out would be the difference between the amount of investment and property cost
Phase out = 2611000 - 2590000
= 21000 dollars
Maximum Sec. 179 deduction = $1,040,000 - 21000
= $1,019,000
The maximum deduction that Fariq can deduct is therefore $1,019,000
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Answer: The correct answer is "the proportion of that product use of the cost driver".
Explanation: Overhead costs are assigned to each product based on <u>the proportion of that product use of the cost driver.</u>
Because if general expenses are applied by using a predetermined rate based on an activity, these costs may not be allocated in the correct way.
Drafting a legal contract using legal language is what constitutes unauthorized practice of law by a person that is not a licensed attorney.
<h3>Who is a licensed attorney?</h3>
This is the description that is given to a person that is licensed to act or practice the act of law in the United States. In order to do this, one must have gone through law school.
Hence the drafting of a legal practice by a person that is not a licensed attorney can be seen to be an unauthorized practice in the United States.
Without a proper law license, it is a crime to act as a legal representative in the nation. The penalty for this may lead to issues that may cause jail term for the person. Such a person is going to face both criminal and civil law.
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I’m not really sure sorry
Answer: Marginal cost under demand and supply theory. Answer is 80
Explanation: QD 100-4P, Marginal Cost =S4,QS =6P -20. So
the calculation goes thus = QS=6p-20
Inputing Marginal value of 4 equates 100-4(4)
100-16 = 84
QS=6(4)-4
24-20=4
profit maximisation =QD-QS
84-4=80