Answer:
C. $9,134
Explanation:
Product Pounds Price/Ib Total Value
Loin chops 3,080 $5.40 $16,632
Ground 10,200 $2.20 $22,440
Ribs 4,120 $5.05 $20,806
Bacon 6,160 $3.70 $<u>22,792</u>
$<u>82,670</u>
The Total Joint cost = $45,400
Hence Joint cost to Lopin chops = $45,400 * $16,632 / $82,670
Joint cost to Lopin chops = $9,134
Answer:
$3,200,000
Explanation:
The net income after taxes (NIAT) is determined as the product of the basic earnings per share (EPS) by the number of shares outstanding.
Since Peak Performance Sporting Goods has an EPS of $0.80 per share and 4,000,000 shares outstanding, their net income after taxes, for this period is:
Net income after taxes for the same period = $3,200,000.
Melissa needs to work with the hotel department managers on how to cut costs, as a part of her<u> "resource allocator"</u> role.
Resource allocation is the way toward assigning and overseeing resources in a way that backings an association's vital objectives.
Resource allocation incorporates overseeing unmistakable resources, for example, equipment to make the best utilization of milder resources, for example, human capital. Asset distribution includes adjusting contending requirements and needs and deciding the best strategy with a specific end goal to boost the powerful utilization of constrained assets and gain the best degree of profitability.
Question Completion:
Each year, Tom and Cindy Bates (married filing jointly) report itemized deductions of $20,000 (which includes an annual $4,000 pledge payment to their church). Upon the advice of a friend, they do the following: In early January 2019, they pay their 2018 pledge; during 2019, they pay the 2019 pledge; and in late December 2019, they prepay their 2020 pledge. a. What are the Bateses trying to accomplish? To have their itemized deductions exceed the standard deduction . b. What would the Bates' total itemized deductions be if all three church pledge payments were made in 2019?
Answer:
The Bates' total itemized deductions would be $20,000 if all three church pledge payments were made in 2019 (including $12,000 for the three years in church pledges and another $8,000 for other deductions).
Explanation:
It is assumed that the Bates' Adjusted Gross Income for 2019 is within the range of $100,000 to $200,000, which enables them to make charitable contributions up to $4,155 per annum. Since taxation uses the cash basis, it is possible for the Bates to claim the $12,000 cash in pledges for the current year when payment is made in the year.