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Butoxors [25]
2 years ago
6

Imagine that you earned $8,425 in one year. If the government enforces a 15% income tax, how much money would you owe in taxes a

t the end of the year? Show your work. (5 points)
Business
1 answer:
wlad13 [49]2 years ago
4 0

Answer:

$1, 263. 75

Explanation:

If annual income is  $8,425 and the tax rate is 15%,

Annual Tax would be 15% of $8,425

=15/100 x $ 8425

=0.15 x 8, 425

=$1, 263.75

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Performance Gloves, Inc. produces three sizes of sports gloves: small, medium and large.
lapo4ka [179]

Answer:

A.Pattern Department 57 per DLH

Cut and Sew Department 78 per DLH

B.Small glove 8.52

Medium glove 10.65

Large glove 12.78

Explanation:

a) Calculation to Determine the two production department factory overhead rates.

Pattern Department = 165,200/2,900

= 56.9 Approximately 57 per DLH

Cut and Sew Department = 273,000/3,500

= 78 per DLH

Therefore two production department factory overhead rates will be :

Pattern Department 57 per DLH

Cut and Sew Department 78 per DLH

b) Calculation of the factory overhead cost per unit

Small glove (57*.04+78*.08)=8.52

Medium glove (57*.05+78*.10)=10.65

Large glove (57*.06+78*.12)=12.78

Therefore the factory overhead per unit for each product will be: Small glove 8.52

Medium glove 10.65

Large glove 12.78

7 0
3 years ago
Morris owns a bicycle store. he often leaves daniel in charge of the store. one saturday evening, after daniel leaves the store,
White raven [17]
If Daniel took the cash, he could be found guilty of the crime of embezzlement. Embezzlement is a specific type of theft. It is when someone was entrusted with someone else's property (like an employer) and they steal some/all for their personal benefit.

Hope this helps! :)
3 0
3 years ago
Read 2 more answers
Why has the use of polling increased greatly in america? what are the negative aspects, if any?
Lostsunrise [7]
The utilization of Polling has expanded because of innovation which makes it less expensive and more broadly utilized. policy makers also uses the polling to stay in contact with changing sentiments on the issues. Polling can have negative aspect in light of the fact that it makes the politicians more worried about getting the vote as opposed to taking the ethical stand.
5 0
2 years ago
Suppose that the market equilibrium price for a medical check-up is $50, in a market in which there is no health insurance. To e
never [62]

Answer:

a. Price ceiling

b. see graph

c. Increases

d. Increases, decreases

Explanation:

a. Price ceiling is the maximum price or ceiling so to speak imposed by government for a particular commodity inorder to relieve purchase burden from the consumers.

b. Take note of the price ceiling in the graph attached.

c. Number of demanded check-ups increases, since they are now more affordable.

d. Consumer surplus increase by $10, while the producer surplus decrease by $10 ($50-$40).

4 0
3 years ago
The following is a December 31, 2021, post-closing trial balance for the Jackson Corporation.
tia_tia [17]

Answer:

Explanation:

See below

5 0
2 years ago
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