The statement that is true here is:
c.
Max has made a counter-offer.
Explanation:
Max here is giving another offer on the above of the offer that is given by Allie the travel agent.
He is trying to bargain himself into a better position in the deal and then to seal it as he can see an obvious profit in the game.
Thus, this counter deal that is offered puts both parties in a situation of advantage and either of the two can make things final or obstruct the deal spending on if they would want this deal to take place on the given terms or would want better terms.
Answer:
The pounds of materials should have been
= 630,000 pounds.
The machine hours should have been
= 84,000 hours.
Explanation:
a) Data and Calculations:
Standard materials per package = 3 pounds
Standard machine hours per package = 0.40 hours
Actual production units during August = 210,000 units
Actual materials used = 440,000 pounds
Actual machine hours used = 85,000 hours
Standard materials = 630,000 pounds (210,000 * 3)
Standard machine hours = 84,000 hours (210,000 * 0.40)
Answer:
Pam and Jon's dividend income = $80,000 each
[ ($100000 <em>Accumulated E&P </em>+ <em>$60000 current E&P </em>) / 2] = $80,000
Statement of distribution for shareholders for tax purpose
Pam Jon
Total distribution $100,000 $100,000
Less: Dividend income <u>$80,000 $80,000</u>
$20,000 $20,000
Less: Stock basis <u>$11,000 $26,000</u>
Capital gain <u>$9,000 $0
</u>
<u>
</u>
Therefore, Pam has a taxable gain of $9000 which reduces the stock basis to $0, whereas Jon has not any taxable gain but the stock basis has reduced to $6000 [$26000 - $20000]
Because they feel a strong sense of urgency about their ideas.
