Answer:
0.97
Explanation:
The computation of the acid-test ratio is given below:
= Quick assets ÷ current liabilities
= (cash + short term investment + account receivable + supplies) ÷ (accounts payable + wages payable)
= ($58,110 + $14,000 + $58,000 + $5,600) ÷ ($108,000 + $31,900)
= $135,710 ÷ $139,900
= 0.97
Answer:
Variable overhead efficiency variance $1,680 Favorable
Explanation:
<em>Variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected. </em>
Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance
Hours
5000 units should have taken (5000×0.5 hours) 2,500
but did take <u>2,080</u>
Labour hours variance 420 favorable
Standard variable overhead rate <u>×$ 4.00</u> per hour
Variable overhead efficiency variance <u>$1,680 Favorable</u>
Banking, that's something the government can't tax at all. Its your personal account.
Based on the information given, the amount of her child and dependent care expense credit will be $7000.
It should be noted that the enhanced credit of 2021 allows the eligible parents to claim up to 50% of the child care expenses paid.
In this Shyla paid $14000 as her child care expenses for her children in 2021. Therefore, the the amount of her child and dependent care expense credit will be calculated thus:
= $14000 × 50%
= $7000.
Read more about AGI on:
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Answer:
Most likely d and b
Explanation:
d is the best production so it should be in one of the answers and it is only with b so therfor it should be with d and b