Answer: $17,209,000
Explanation:
Given that,
Production volume = 602,000 units per year
Market price = $32 per unit
Desired operating income = 15% of total assets
Total assets = $13,700,000
Total Income = 15% of Total assets
= $13,700,000 × 15%
= $ 2,055,000
Total Sales = Market price × Production volume
= $32 × 602,000
= $ 19,264,000
Target full product cost in total for the year = Total Sales - Total Income
= $ 9,264,000 - $2,055,000
= $17,209,000
Some benefits citizens of a centrally planned economy derive from a move toward market based system are: Greater efficiency of resource use. Determines the types of goods and services to be produced the method in which they will be produced and the allocation of finished products.
<span>Call cost per minute = $0.04
Number of minutes talked = 550
Call charges for 550 minutes @ $0.04 = $22
We should add the monthly charge of $6 to this call charges because that too is a part of our call cost. So the total cost would be $22 + 6 = 28.</span>
In recording business transactions, evidence that an accounting transaction has taken place is obtained from source documents. A source document is the first and origional way that transactions are entered for an accounting system. Everything in the source documents then gets transferred into a companies accounting system and stored for later use. The first and original documents are the source documents because they are the source of where the first transactions were recorded.
Answer:
$5528000
Explanation:
Solution
Given that:
Now,
The 2018 estate tax exemption 11180000$ above that the estate inherited are taxed at 40%.
So,
25000000-11180000 = taxable estate 13820000$
The estate tax due= 13820000*40%
= 5528000$
Note: This is reference from Exhibit 25-1 and Exhibit 25-2.
