Answer:
M N TOTAL
Before tax income $1875280 $2524720 $4.4 million
Tax ([email protected]%, [email protected] 7.5%) $75011.2 $189354 $264365.2
Net Income after tax $1800268.8 $2335366 $4135634.8
Explanation:
Using the UDITPA method three factor
M % N% TOTAL%
Sales (4400/13300) 33.08% 66.92% 100%
Property cost(2300/4700) 48.94% 51.06% 100%
Payroll (2200/4800) 45.83% 54.17% 100%
divide by 3
Apportionment % 42.62% 57.38% 100%
for the before tax income
A because if the test scores were any lower they would be failing
Answer:
A proper documentation process stipulates the conditions for firing and resignation. If this provision is not met, managers should not fire their employer and employees should not resign even though they get a better offer elsewhere.
However, conditions differ in the case of "at will" employment.
Explanation:
What that Frank noticed within thirty year of service where managers had almost complete freedom to fire workers is called "at will employment".
It is not advisable for managers to fire workers at will for the following reasons:
- It hinders communication in the workplace as a workers will tread too cautiously.
- It will retain incompetent managers at the detriment of the entire company.
- It will cause poor retention of quality staff.
Answer: The average variable cost of producing a backpack is $15.
The formula for calculating the variable cost per unit using the high/low method is:
where
y₂ : cost at highest level of activity
y₁ : cost at lowest level of activity
x₂ : number of units produced at highest level of activity
x₁ : number of units produced at lowest level of activity
Substituting the values from the question in the formula we get,
Answer:
$3,000
Explanation:
Per IRS form 8829, allocation of total expense to home office can be arrived by dividing the total usable area of home by the work area to get the percentage of expenses allocable to home office.
So, 250 square feet / 1500 square feet = 16.6666666%
Total expenses incurred;
Rent $12,000
Utilities 4,800
Maintenance 1,200
—————
Total $18,000x16.6666666%=$3,000
or simply, $18,000 x 250/1500 = $3,000 (to be exact in decimal points)