Answer:
B) $5,000
Explanation:
Bob and Sally can claim an American Opportunity (AO) credit for both of their children, Del and Owen.
Del's AO credit is $2,500 (100% of the initial $2,000 qualifying expenses and 25% of the next $2,000 qualifying expenses).
Owen's AO credit is the same as Del's, $2,500.
The total American Opportunity credit claimed is $5,000 ($2,500 + $2,500)
When using the Euromarkets, companies pay less for the loans
The percentage in which has been studied and has showed
evidence by the researchers studying infectious agents is that there is a total
of 18 percent that infectious agents are account for with people who have
cancer or acquired them worldwide.
Companies using the accrual concept of accounting to complete the measurement process at the year end through the recording of adjusting entries.
<h3>What is an accrual concept?</h3>
An accrual concept is one of the method which records the incomes at the time when it is earned or charges when it is incurred.
Adjusting entries are the entries recorded in the accounting books to close all the accounts at the year end. It helps in determining the correct amount of charges and revenues at the time of finalizing the accounting statements.
Therefore, the adjusting entries are used by the company to complete the measurement process while applying the accrual concept.
Learn more about the accrual concept in the related link:
brainly.com/question/17256489
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Answer:
$2.20
Explanation:
Given that,
Direct materials = $10
Direct labor = $24
Overhead = $16
Outside supplier has offered to sell the product to Axle = $45
If Wheeler buys from the supplier, it will still incur 45% of its overhead cost.
Buying cost:
= Offered price + (45% of overhead cost)
= $45 + ($16 × 0.45)
= $45 + $7.2
= $52.2
Net incremental cost:
= Buying cost - Production cost
= $52.2 - (Direct materials + Direct labor + Overhead)
= $52.2 - ($10 + $24 + $16)
= $52.2 - $50
= $2.20
