Answer:
Operating income will be $6,000
Explanation:
The computation of the operating income is shown below:
= Total cost - outsourcing cost
where,
Total cost = Variable cost + fixed cost
Variable cost = Number of microwaves × variable cost per unit
= 500 × $26
= $13,000
And, the fixed cost is $7,000
Now put these values to the above formula
So, the value would equal to
= $13,000 + $7,000
= $20,000
And, the outsourcing cost equal to
= Number of microwaves × outsourcing cost per unit
= 500 × $28
= $14,000
So, the net income would be
= $20,000 - $14,000
= $6,000
Answer:
The statement is: True.
Explanation:
Teams tend to have more effective results when they select a leader, recorder, and evaluator. Those characters will play an important role to control and measure the team's performance that will lead them to achieve their objectives. The <em>leader </em>should guide the team whenever the members gather, the <em>recorder </em>registers the most relevant information of every meeting, and the <em>evaluator </em>measures the advance of the project with the help of the leader.
Answer:
The statement is: True.
Explanation:
The Time Value of Money is a concept that states a dollar today is always worth more than a dollar tomorrow. The theory relies on the earning capacity of money. The approach is the reason why entrepreneurs prefer to capitalize on their investments the soonest so the more money available now will represent for them more money accrued in the future.
It is true that if an overpayment resulted in a tax benefit, it makes no difference whether it is reimbursed or used to reduce the 2019 state federal income tax due.
The Internal Revenue Service (IRS) imposes a levy known as the federal income tax on the yearly income of people, businesses, trusts, and other legal entities. All forms of income that constitute a taxpayer's taxable income are subject to federal income taxes, including wages, salaries, commissions, bonuses, tips, investment income, and certain categories of unearned income.
Individual federal income tax rates in the US are progressive, which means that they rise in proportion to taxable income. Federal income tax rates range from 10% to 37%, and they become effective at a certain level of income. Tax brackets are the ranges of income that the rates apply to. Income that is subject to each bracket is taxed at that rate.
Learn more about Federal income tax here
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