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3 years ago

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careers in the STEM cluster are careers associated with: Question 20 options: science, technology, engineering, mathematics scie

nce, technology, engineering and manufacturing science, technology, education and mathematics social studies, technology, engineering, mathmatics

1 answer:

skad [1K]3 years ago

4 0

Answer:

science, technology, engineering, mathematics

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Technoid Inc. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2018. The manufacturing cost

Llana [10]

Answer:

$89,350

Explanation:

Calculation to determine the outstanding balance of the lease liability in Lone Star's December 31, 2018, balance sheet

First step is to calculate the Balance after first payment

Initial lease liability $130,000

Less: First payment $23,000

Balance after first payment $107,000

Second step is to calculate the Interest expense for June 30,2021

Interest expense for June 30,2021= $107,000*5%

Interest expense for June 30,2021=$5,350

Third step is to calculate the Principal payment for June 30,2021

Principal payment for June 30,2021=$23,000-$5,350

Principal payment for June 30,2021=$17,650

Now let calculate the Outstanding balance on June

Balance after first payment. $107,000

Less: Principal payment for June $17,650

Outstanding balance on June $89,350

Therefore the outstanding balance of the lease liability in Lone Star's December 31, 2018, balance sheet is $89,350

8 0

3 years ago

Which of the following statements regarding a tax sheltered annuity (tsa) is incorrect? the income from the tsa is received inco

Fudgin [204]

The incorrect statement is : The income from the TSA is received income tax-free. Upon retirement, payments received by employees from the accumulated savings in tax-sheltered annuities are treated as ordinary income.

5 0

2 years ago

Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The

dlinn [17]

Answer:

Selling price= 240*1.4= $336

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (252,000/30,000) + 2.1

Predetermined manufacturing overhead rate= $10.5 per machine hour

Job T687:

Number of units in the job 10

Total machine-hours 30

Direct materials $ 675

Direct labor cost $1,050

<u>Now, we need to allocate overhead and determine the total cost:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 10.5*30= $315

Total cost= 675 + 1,050 + 315= $2,040

<u>Finally, the unitary cost and selling price:</u>

Unitary cost= 2,040/10= $240

Selling price= 240*1.4= $336

3 0

3 years ago

A situation occurring when the value of a nation’s exports exceeds the value of its imports is called a trade surplus.

Dafna11 [192]

Answer:

hey matthew

Explanation:

Is TRUE.

Trade Surplus. A trade surplus is an economic measure of a positive balance of trade, where a country's exports exceed its imports. A trade surplus occurs when the result of the above calculation is positive. A trade surplus represents a net inflow of domestic currency from foreign markets.

6 0

3 years ago

Read 2 more answers

The ultimate economic burden of a tax is best captured by: A. the marginal tax rate. B. the effective tax rate. C. the average t

Musya8 [376]

Answer:

B

Explanation:

The ultimate economic burden of a tax is best captured by the effective tax rate, which is the average rate at which an individual is taxed on earned income or at which a corporation is taxed on profits before tax.

8 0

3 years ago