Answer:
the difference between operating incomes under absorption costing and variable costing is $180,000 .
Explanation:
The difference between the two Operating Incomes lies in the amount of Fixed Overheads that has been deferred in Inventory.
So, calculation of the difference will be as follows :
Beginning fixed manufacturing overhead in inventory $230,000
Less Ending fixed manufacturing overhead in inventory ($50,000)
Difference between absorption costing and variable costing $180,000
Answer: 2.36 years
Explanation:
Payback period is the amount of time it will take to pay off the initial investment/ outlay which in this case is $15,700.
= Year before investment is paid + (Amount remaining/ Cashflow in year of Payback)
Add up the cashflows to find the year before payback;
= 6,400 + 7,700
= $14,100
Year before payback = 2
Amount remaining;
= 15,700 - 14,100
= $1,600
Payback period = 2 + (1,600/ 4,500)
= 2.36 years
Answer:
NRAs stands for Non- resident Aliens and who is single
Explanation:
NRAs stands for Non- resident Aliens are the one who are not subject to the Net Investment Income Tax. If NRA, is married to the citizen or the resident of U.S (United States) and has planning to make, an election in the section 6013 (g), which is to be treated or act toward as the resident alien for the motive of filing as the Married Filing Jointly.
The concluding regulations offer special rules to those couples and a correlate section for the NIIT (Net investment income tax).
Note: The options are missing, so providing the direct answer.
