C, Dancing. Have a good rest of your day!!
Answer:
controllable margin = $100,000
Explanation:
given data
Income tax expense = $62000
Contribution margin = 180000
fixed costs = 80000
Interest expense = 68000
Total operating assets = 40000
to find out
How much is controllable margin
solution
we get here controllable margin that is express as
controllable margin = contribution - controllable fixed cost ....................1
put here value we get
controllable margin = 180000 - 80000
controllable margin = $100,000
I believe it’s False, it might be wrong though
Answer:
$100,000
Explanation:
Based on the information given Jorgensen may lessen the amount of $100,000 in the second year which is year 2 reason been that the amount are NOT FIXED amount at the end of the year 1 because the employees are qualified to receive the bonus amount only in a situation where the employees are been employed on the date the bonuses amount were been paid.
Employees Deductible Year 1 Deductible Year 2
Ken $0 $40,000
Jayne $0 $30,000
Jill $0 $20,000
Justin $0 $10,000
Total $100,000
