To solve for units sold at an income of $200,000:
First, I would subtract the variable cost of $8 from the unit sales price of $18 dollars which gives you $10.
Unit profit = $10
Fixed costs = $200,000
How many units need to be sold to earn an income of $200,000?
40,000 units x $10 = $400,000 - $200,000 = $200,000
40,000 units need to be sold to earn an income of $200,000.
Answer: D. Zoning restrictions is not a key success factor in the country location decision.
Explanation: Location of markets, labor productivity and government rules are all very important success factors a company needs to think about before making a decision on which country they want to operate in. The zoning restrictions are not as important because there are usually ways around that by picking a different place in a specific country. The location of markets to buy and sell goods, amount of labor they can expect to be useful and the governments rules on their business are all extremely important.
Answer
$31,000
Explanation:
(c) $31,000
Explanation:
As per IRS for Earnings of Clergy, A licensed, commissioned, or ordained minister who performs ministerial services as an employee may be able to exclude from gross income the fair rental value of a home provided as part of compensation (a parsonage) or a housing allowance provided as compensation if it is used to rent or otherwise provide a home. In order to be able to exclude the housing allowance from income, the minister's employing organization must officially designate the housing allowance as such before paying it to the minister.The fair rental value of a parsonage or the housing allowance is excludable only for income tax purposes, and not for Self-employment tax purpose.
In the given case, the church did not designate any of Luke's salaries as a housing allowance. Hence it is not deductible from Gross Income for Income Tax Purposes and irrespective of designation or not, it is not deductible for self-employment tax.
Thus, Full salary of Luke i.e $31,000 must be included when figuring net income for self-employment tax.
Answer:
The value of the difference between the earnings per share (EPS) forecasts for Feast and Famine is $2.40
Explanation:
The solution is as evident in the attached Excel Sheet. In the excel sheet the formulas are used which are also given in the second sheet.
For the data values from the question are used.
°first-come/first-served (i.e., vaccines)
°sharing equally (i.e., food distribution)
°weight (i.e. based on percentage of population)
°merit (i.e., contests)
°random (i.e., contests)
