Answer:
$16.92
Explanation:
The computation of the manufacturing cost per unit using the variable costing is shown below:
= Direct material per unit + Direct labor per unit + Variable manufacturing overhead per unit
= $7.58 + $3.48 + $5.86
= $16.92
If we added the Direct material per unit, Direct labor per unit, and the Variable manufacturing overhead per unit so we get the manufacturing cost per unit
Answer:
the amount of his long-term capital loss carryover to 2019 is $2,000
Explanation:
(1000+4000-3000)
The Basics
Capital losses are, of course, the opposite of capital gains. When a security or investment is sold for less than its original purchase price, then the dollar amount of difference is considered a capital loss. For tax purposes, capital losses are only reported on items that are intended to increase in value. They do not apply to items used for personal use such as automobiles (although the sale of a car at a profit is still considered taxable income).
Tax Rules
Capital losses are reportable as deductions on the investor’s tax return, just as capital gains must be reported as income. Unlike capital gains, capital losses can be divided into three categories. Realized losses occur on the actual sale of the asset or investment, whereas unrealized losses are not reportable.
For example, an investor buys a stock at $50 a share in May. By August, the share price has dropped to $30. The investor has an unrealized loss of $20 per share. He holds on to the stock until the following year, and the price climbs to $45 per share. He sells the stock at that point and realizes a loss of $5 per share. He can only report that loss in the year of sale; he cannot report the unrealized loss from the previous year.
Answer: Bill should examine the carrying capacity of his lands and consider setting aside more land if he wants to increase his herd.
A sociologist will suggest Bill to examine the carrying capacity of his hers. It means he needs to determine the maximum population size of the cattle that his land can sustain given all the necessities. If the land is not enough, he must consider adding more to increase his herd.
Answer: Tax refund of $1,800
Explanation:
The tax due (refund) for the Fernandezes is;
= Tax liability - (Prepayment + Child tax credit)
= 2,100 - ( 1,900 + 2,000)
= 2,100 - 3,900
= ($1,800)
Answer:
Credit to Gain on Sale of Investments for $2,400