Answer:
$ 25000 can be deducted under the exception for real estate
Explanation:
of the $26,000 real estate passive activity loss generated, $ 25000 can be deducted under the exception for real estate. The limit is of special allowance of $25000.
Usually management, owner or department manager do the inverviews
Answer:
See below
Explanation:
The cost of goods manufactured is computed as;
Beginning inventory
$25,300
Add ;
Raw materials purchases
$106,100
Cost of goods available for sale
$131,400
Less:
Ending inventory
$39,100
Cost of goods sold
$92,300
Add:
Beginning work in process
$24,100
Less:
Ending work in process
($26,600)
Cost of goods manufactured
$89,800
Answer:
$7,875
Explanation:
Total car sales in January: $112,500
Commission at the rate of 7%,
Salary for January is :
7 percent of $112,500
=7/100 x $112,500
=0.07 x $112,500
=$7,875