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Vedmedyk [2.9K]
4 years ago
11

Units Produced 20,000

Business
1 answer:
Alexeev081 [22]4 years ago
3 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Units Produced 20,000

Units Sold 17,000

Unit Sales Price $ 240

Full Manufacturing Cost Per Unit $97

<u>Under the absorption costing method, the fixed manufacturing overhead is part of the product cost.</u>

Income statement:

Sales= (17,000*240)= 4,080,000

Cost of goods sold= (17,000*97)= (1,649,000)

Gross profit= 2,431,000

Variable Selling Expenses=  (71,000)

Fixed General and Administrative Costs= (88,000)

Net operating income= 2,272,000

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Mr. Curtis paid the following taxes: Federal income tax $ 72,250 Federal gift tax 361 Federal employer payroll tax for housekeep
tia_tia [17]

Answer:

Mr Curtis can deduct his total property taxes of $ 7,810.00  as well as the Indiana state income tax of $8,120.00 ,since this exceeds the Indiana state sales tax on consumer goods and services of $2,890.00 paid by Mr Curtis during the year.

Finally,the remaining are not deductible

Explanation:

In other words the following taxes are not deductible:

1.Federal income tax $72,250.00

2.Federal gift tax $361

3.The Federal payroll tax for housekeeper $1,301

4.Indiana sales tax on consumer goods and services$2,890

Lastly the property taxes deductible is computed thus:

Principal residence $3,980.00

Vacation home       $2,530.00

Two automobiles    $1,300.00

Total                         $ 7,810.00  

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3 years ago
Starbucks is using its purchasing power to continue its quest to reduce its energy usage. Recently, the company announced plans
luda_lava [24]

Answer:

Sustainable procurement

Explanation:

Sustainable procurement is a purchasing and venture process that. considers the financial, ecological and social effects of. the substance's spending. Feasible acquirement permits associations. to address their issues for products, administrations, development works and utilities.

The primary focus reasonable obtainment is to incorporate natural and social contemplations into the procurement procedure, with the objective of lessening antagonistic effects upon well being, social conditions and the earth, in this manner sparing significant expenses for open segment associations and the network on the loose.

7 0
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One of the most valuable sources firms have at their disposal is a rich cache of customer information and purchase history from
ohaa [14]

One of the most valuable sources firms have at their disposal is a rich cache of customer information and purchase history from their day-to-day operations, which is a type of Internal secondary data

Explanation:

<u>Internal secondary data:</u> It is the data that is obtained from within the organization.

A company's internal data, such as the  sales and marketing data , customer  information system , product purchasing and usage data are few example of Internal secondary Data

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Draw up a list of effectiveness goals that you would use to measure the performance of (a) a fast-food restaurant and (b) a scho
lesya692 [45]

Answer:

The presented is the list of efficiency guidelines established underneath to evaluate success.

Explanation:

<u>A fast-food restaurant</u>:

  • Quantified by the institution's earnings.
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<u>A school of business</u>:

  • The efficiency would be determined either by the arrangement offered by the university.
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6 0
3 years ago
Is it nearly impossible to prove ownership of intellectual property
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Answer:

It is possible if you either have a witness or if you take a lie detector test

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