Answer:
Consider the following explanation
Explanation:
Foreign tax credit allowable is the minimum of Federal Income Tax and Income tax paid in foreign country. Here, Jimenez had paid 40% (2,000,000/5,000,000) income tax in foreign country. So. Jimenez will only be eligible to take foreign tax credit of 1,050,000 i.e. 5,000,000 * 21% and there will be carryover of $950,000 (2,000,000 - 1,050,000) foreign taxes.
There is carryover tax when we cannot use the whole amount of foreign tax credit in the current year and the balance foreign tax is carried over to future years.
The answer is C because it’s decided by who owns the production.
Answer:
- Materials - 100,400
- Conversion - 95,600
Explanation:
Equivalent Units = Units Completed and Transferred out + Ending Work in Progress.
Materials Equivalent Units
Ending Work in Progress = 90% * 16,000
= 14,400 units
Equivalent Units = 86,000 + 14,400
= 100,400 units
Conversion Equivalent Units
Ending Work in Progress = 60% * 16,000
= 9,600 units
Equivalent Units = 86,000 + 9,600
= 95,600 units
The management function that Shonda is performing when she decides that top managers will report to her while everyone else reports to the head of human resources is <u>iii. organizing.</u>
<h3>What is Organizing in management functions?</h3>
Organizing is that function of management involving the development an organizational structure so that human resources are arranged for the achievement of organizational objectives. Organizing also involves the design of the jobs of individuals.
Thus, the management function Shondra performs here is <u>Option III</u>.
Learn more about management functions at brainly.com/question/17083312
