Help me out with this question please
1 answer:
You might be interested in
Answer:
Follows are the solution to this question:
Explanation:
Points Description Amount Computation
(1) Major Revenue $110,000
(2) AGI allowance 0
(3) Gross sales adjusted $110,000 (1) - (2)
(4) Deduction norm 18,350 Chief of Household
(5) susceptible to deductions 23,000
(6) Enhanced standard (23,000) (5) > (4)
deduction or individualized
deductions
(7) Taxable Revenue $87,000
(8) Response for $13,298
incoming taxes
(See the household head tax
plan)
(9) Allowance for children's taxes (2,000)
(10) Withdrawal of tax (11,000)
Taxes due $ 298 (8) + (9) + (10)
Answer:
Explanation:
Hi, I have attached the full question as images below
Total Product Cost = ($70,000 + $35,500 + $43,700) ÷ 1,000 = $149.20
Total Period Cost = $30,600 + $29,300 = $59,900
Total Direct Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,900
Total Indirect Manufacturing Cost = $28,300
Total Manufacturing Cost = $70,000 + $35,500 + $43,700 = $149,200
Total Non Manufacturing Cost = $30,600 + $29,300 = $59,900
Total Conversion Cost = $35,500 + $43,700 = $79,200
Total Prime Cost = $70,000 + $35,500 = $105,500
Total Variable Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,000
Total Fixed Costs = $25,200 + $18,400 + $28,300 = $71,900
Variable Cost per unit = ($70,000 + $35,500 + $15,400 + $12,200 + $4,100) ÷ 1000 = $137.20
Incremental manufacturing cost = ($70,000 + $35,500 + $15,400) ÷ 1,000 = $120.90
