Answer:
Gross Income:
= Earned wages + Interest from savings + Interest on home mortgage
= 93,260 + 1,340 + 4,500
= $99,100
Adjusted gross income:
= Gross income - Tax deferred plan - State taxes
= 99,100 - 6,300 - 1,359
= $91,441
Taxable income
= Adjusted gross income - Personal exemption - Standard deduction - Charity contribution
= 91,441 - 3,500 - 7,800 - 2,500
= $77,641
I am the age 17 and I am A)Single
Answer:
Number of units produced during the period: 38,000 units
Explanation:
Cost to produce the product exclude General Selling and administrative Expenses - selling and management expense.
Total Cost to produce the product = Direct materials + Wages for production workers + Lease, utility costs and depreciation for factory workers = $30,000 + $50,000 + $15,000 = $95,000
The average cost to produce one unit: $2,50. Number of units produced during the period = $95,000/$2,50 = 38,000 units
Answer:
d. growth rate of real GDP per person.
Explanation:
The level of well being of a country can be found by considering the price-index, i.e The real GDP per person and not nominal GDP per person.
Answer:
Cost of the equipment = $32350
Explanation:
given data
purchased equipment = $30,000
Sales tax = $1,500
freight charges = $400
repairs = $700
installation costs = $450
solution
we get here Cost of the equipment that is express as
Cost of the equipment = Purchase cost + Sales tax paid + Freight + Installation cost .........................1
put here value and we will get
Cost of the equipment = $30000 + $1500 + $400 + $450
Cost of the equipment = $32350
