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3 years ago

At December 31, DePaul Corporation had the following cumulative temporary differences associated with its operations:_____.

Business

1 answer:

diamong [38]3 years ago

7 0

Answer and Explanation:

The computation is shown below:

Net deferred tax liability is

= (Taxable temporary differences - Deductible temporary differences) × Tax rate

= ($120 million + $60 million - $40 milllion - $40 million) × 25%

= $25 million

Hence, it shows the net deferred tax liability of $25 million and the same is to be considered

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The premiums paid by the employer in a business life insurance policy are

Tema [17]

A life or health insurance policy is owned by an employee, but the premiums are paid by the employer: o The premiums are treated as taxable income to the employee. o The employer may deduct the premiums against business income as long as the premiums are a reasonable business expense.

3 0

3 years ago

The kitchen manager at an Italian restaurant is deciding what assignments he should give to his

Delicious77 [7]

Answer:

A) David will make pizza because he has comparative advantage in making pizza.

Explanation:

Make Pizzas Serving make pizzas/serving pasta

25 40 0,63

20 30 0,67

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3 years ago

It costs Waterway Industries $28 of variable costs and $14.40 of allocated fixed costs to produce an industrial trash can that s

Georgia [21]

Answer:

Special request income 33,000

Explanation:

special request:

3000 units x $39 = 117,000

variable cost:

3000 units x $28 = 84,000

Contribution margin 33,000

special cost: none

additional fixed cost: none

Special request income 33,000

Notice:

Non additional shipping or setup cost is request for the order.

Non increase in fixed cost due to excess capacity.

If any of this concept do inccur in additional cost, it should be relevant as well in the calculations.

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3 years ago

The application of overhead has resulted in a $5,600 credit balance in the factory overhead account, and this amount is not mate

FromTheMoon [43]

when manufacturing overhead has a credit balance, overhead is overapplied. Overapplied overhead means that the overhead assigned to work in process is greater than the overhead incurred. Also, since the amount is immaterial, it should be closed in cost of goods sold.

The adjusting entry for the overapplied over-head is:

b. debit factory overhead $5,600; credit cost of goods sold $5,600.

After posting this entry the factory overhead account will have a zero balance.

Hope it helps!

4 0

3 years ago

We need menu items for the prom....Suggestions?

Sergeu [11.5K]

Well you should definitely do some appetizers. Try jalapeno poppers or mozzarella sticks.

You can't go wrong with cheese

6 0

3 years ago

Read 2 more answers