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mamaluj [8]
3 years ago
15

The Dot Corporation has changed its year-end from a calendar year-end to August 31. The income for its short period from January

1 to August 31 is $54,000. The tax for this short period is________________.
Business
1 answer:
Scilla [17]3 years ago
3 0

Answer:

$10,527

Step by step Explanation:

Ist January to 31 August is 8 months

Therefore;

$54,000 x 12/8 = 81,000

15% x 50,000 = 7,500

25% x 25,000 = 6,250

34% x 6,000 = 2,040

7,500 + 6,250 + 2,040 = 15,790

Short period = 15,790 x 8/12 = $10,526.673.

Therefore The tax for this short period is $10,526.673 approximately $10,527

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Dupli-Pro Copy Shop provides photocopying service. Next year, Dupli-Pro estimates it will copy 2,800,000 pages at a price of $0.08 each in the coming year. Product costs include: Direct Materials, Direct Labor, Variable Overhead and Total Fixed Overhead.

How are additional product costs specified?

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Is the product costs advertised?

Sales commissions, administration fees, advertising and marketing, and office space rentals are all recurring fees. These charges are not covered as part of the cost of purchased or synthetic items, but are recognized as charges in the profit and loss account for the period in which they are incurred.

Is the rental the product costs?

When a manufacturer leases its manufacturing equipment and systems, the lease is the product costs (rather than the price of length). In other words, the rent is protected against the manufacturing overheads assigned to the manufactured product.

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4 0
1 year ago
Salespeople called ________ typically answer simple questions, take orders, and complete transactions with customers.
slavikrds [6]

Salespeople called<u> inside order takers(AKA salesclerks, order clerks)</u> typically answer simple questions, take orders, and complete transactions with customers.

Inside order takers (aka order clerks, salesclerks) usually answer simple questions, take orders, and entire transactions with clients regularly employed by means of organizations that use inbound telemarketing: the usage of toll-unfastened cellphone numbers that clients can call to achieve facts about merchandise, services, and to make purchases.

Inside order, takers is a salesperson who writes up sales orders at an income counter, or those forwarded to the organization by using telephone, but isn't always required to sell persuasively to customers. Outside order takers is a salesperson who visits customers to write up orders but isn't always chargeable for persuading them to buy.

In income, an order taker is a person who addresses purchaser inquiries (also referred to as orders) but does no longer proactively have interaction in sports that could boom income, consisting of finding new possibilities or upselling to existing clients.

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5 0
2 years ago
Ozone (O3) is a gas in the earth's atmosphere. How do you know that ozone is covalently bonded and not ionically bonded?
garik1379 [7]

Answer:

The answer is below

Explanation:

A covalent bond is a type of chemical bond that occurs as a result of the sharing of electron pairs between atoms. Covalent bonds are usually formed between non metallic atoms with similar electronegativity. St room temperature, covalent bond exist as either a liquid or a gas. Example of covalent bonds are ozone (O3), water (H2O) etc.

Ozone is said to be covalent bonded because their is a sharing of electrons among the covalent atoms.

5 0
3 years ago
GreenLawn Co. provides landscaping services to clients. On May 1, a customer paid GreenLawn $60,000 for 6-months services in adv
devlian [24]

Answer:

See answer below

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Journal entry will be as follows.

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3 0
3 years ago
ABC Company is considering the acquisition of a new piece of equipment to replace an old, outdated machine currently used in its
Paraphin [41]

Answer:

NPV is -$12,960

Explanation:

Net present value is the Net value all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.

In this question all the expenses are cash outflows and The cost saving is the cash inflow from the new machine investment.  

Working for the NPV is attached with the answer please find it.

7 0
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