Answer:
A. $520,000.
Explanation:
As the Organization costs are being written off, we have nothing to withdraw from the income, because of the costs being expensed for financial statements, so we only have positive numbers now, and that would be $520,000 and that is the amount that should be the amount of taxable income that should be declared.
Answer:
The answer is: the unit variable expense is $1.20 per machine hour
Explanation:
In order to calculate the unit variable cost we first take the month with the highest and lowest maintenance expense and machine hours (Highest = month 6, Lowest = month 11). We use the following formula:
unit variable cost = (highest expense - lowest expense) / (highest machine hours - lowest machine hours)
= ($3,680 - $2,780) / (2,440 - 1,690) = $1.20 per machine hour
An account is the accounts payable account. query with several options. costs, revenues, assets, and liabilities is liability
Given that it is money owing to creditors and appears on the balance sheet under current liabilities, accounts payable is a liability.
Accounts Payable is the term used when a business acquires products on credit that must be repaid within a short period of time. It is categorized under the category of "current liabilities" and is handled as a liability. A short-term debt payment called accounts payable must be made in order to stay in good standing.
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Answer:
$345,103 Is the answer I'm not good at explaining things so I won't attempt it.