Answer:
Given that,
Taxable income = $75,000
Interest from an investment = $10,000
Using the U.S tax rate schedule in 2017
(a) Federal tax will he owe = $5,226.25 + 25% × ($75,000 - $37,950)
= $5,226.25 + $9262.5
= $14,488.75
(b)
= 19.32%.
(c)
= 17.05%
(d) Chuck is currently in the 25 percent tax rate bracket.
His marginal tax rate on increases in income up to $16,900 and deductions from income up to $37,050 is 25 percent.
Answer:employee support group.
Explanation:employee support group are voluntary, employee-led associations where team members join together in light of common interests, backgrounds, or demographics.
A group of employees that join together in the workplace based on shared interests, backgrounds, or life experiences. Employee resource groups help provide support for both career and personal development.
Answer:
depreciation rate per unit $0.34
Explanation:
To calculate the depreciation cost per unit we divide the amount subject to depreciation by the estimated untis production over its useful life:
depreciable amount:
$41,000 - $3,600 = $ 37,400
depreciation rate:
$37,400 / 110,000 units = $0.34
Answer: d. total cost and variable cost
A variable cost<span> is a company expense that changes in parallel with production output. They rise as production increases.</span>
Total cost<span> refers to the total company expense incurred in producing a particular level of output. Same with the variable cost, it increases as production increases.</span>