B. Decreases
if demand goes down, nobody is buying anything, so the need to produce/manufacture is down
Answer:
False
Explanation:
Cost
This is simply defined as a payment of cash or the commitment to pay cash in the future for revenues purpose. E.g. The cash used to purchase a tractor, is the cost of the tractor.
Conversion costs
This is simply regarded as direct materials, direct labor, and factory overhead costs that can be selected together or grouped together for analysis and reporting. It consist of direct labor in factory overhead costs.
The Equation for Conversion cost is simply = Direct Labor Cost + Manufacturing Overhead Cost.
While the Equivalent Units of Production = Number of Units Transferred to the next department + Equivalent Units in Ending Works in Process Inventory.
The equation for Equivalent units of production for conversion cost is given below: Units completed and transferred out + Equivalent units in ending work in process for conversion cost.
The equation for Cost per equivalent unit for conversion cost is simply =
(conversion cost of beginning work in process + conversion cost added during the period)/ Equivalent units of production for conversion cost.
Answer:
The answer is 44.84%
Explanation:
39% tax bracket takes back the advantage of the lower 15% and 25% tax rates.
The process will finish once the income that is taxable gets to $10 million.
Therefore, you can get the tax attributable to taxable income which ranges from $335,000 to $10 million by using all the rates in the above schedule or, more simply, by multiplying by 34%
208000*34% = 50000*15% + 25000*25% + 25000*34% + 108000*T%
70720 = 22250 +108000*T%
T=44.84%
Answer:
$18,000.
Explanation:
Beginning basis (carryover from machine)
$30,000
Plus: share of partnership liabilities
4,000
Minus: liabilities assumed by others partners
(16,000)
Rashad's basis
$18,000
Answer:
Break-even Sales revenue =$220,600
Explanation:
<em>B</em><em>reakeven point is the level of activity that equates the total cost to the total revenue.</em>
<em>At the break-even point the business makes no profit and no loss</em>.
Break-even point = Total fixed cost for the period / Contribution margin ratio
<em>Contribution margin = total contribution/ total sales</em>
<em>Contribution = Fixed cost + profit</em>
Contribution = $42,028 + $83,828
= $125,856.00
<em>Contribution to sales ratio</em>
= (125,856.00 /331, 200) × 100
= 38%
Break-even sales revenue = $83,828/0.38
=$220,600
