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tiny-mole [99]
4 years ago
5

What is tax payable????????

Business
2 answers:
enot [183]4 years ago
8 0
 A liability is basically something you owe someone.Your reliable for paying that someone back correct?
Tax Payable is a liability.But what exactly is tax payable?
Well its a "tax" you have to pay to the federal government and you have a year to do so.

*If you are taking accounting the tax payable is on the balance sheet, (the income Statements side to be exact)
Hope this helped :)
alukav5142 [94]4 years ago
3 0
<span>It's like a type of a</span><span> account in the current liabilities section of a </span><span>company's um I think balance sheet.</span>

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​​Lakeside, Inc. estimated manufacturing overhead costs for the year at $371,000​, based on 180,000 estimated direct labor hours
Anna71 [15]

Answer:

D.$400 over allocated

Explanation:

For computing the over-allocated or under-allocated amount, first, we have to determine the predetermined overhead rate which is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $371,000 ÷ 180,000 hours

= $2.06

Now we have to find the actual overhead which equals to

= Actual direct labor-hours × predetermined overhead rate

= 190,000 hours × $2.06

= $391,400

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $391,000 - $391,400

= $400 over - applied

7 0
3 years ago
According to O*NET what are common tasks performed by nursery and greenhouse managers?
vodka [1.7K]

Answer:

C. Managing nurseries

F. Identifying plants and problems with them.

is the Ans hopefully helped you I guess

4 0
4 years ago
Read 2 more answers
You are in the business of making kombucha tea. Your variable costs to produce each bottle is $1. Your fixed costs are $100,000/
Nat2105 [25]

Answer:

Break-even point in units= 100,000 units

Explanation:

Giving the following information:

Your variable costs to produce each bottle is $1.

Your fixed costs are $100,000/year.

How many bottles must you sell at $3/bottle to cover your fixed costs and earn your target profit of $100,000

<u>To calculate the number of units to be sold, we need to use the following formula:</u>

<u></u>

Break-even point in units= (fixed costs + desired profit)/ contribution margin per unit

Break-even point in units= (200,000) / (3 - 1)

Break-even point in units= 100,000 units

4 0
3 years ago
you decide to reduce the amount you spend eating out by $175 a month and invest the total saved at the end of each year in your
Yakvenalex [24]
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6 0
3 years ago
Units produced and sold 600,000 units Selling price $ 35 / unit Variable manufacturing costs $ 20 / unit Fixed manufacturing cos
Kazeer [188]

Answer:

The lowest selling price Geneva should accept for this purchase order is $20 per unit

Explanation:

Geneva produced dolls with Variable manufacturing costs $20 per unit.

Geneva receives a purchase order to make 5,000 dolls as a one-time event and this order is during a period when Geneva does have sufficient excess capacity.

Fixed cost did not change and there was no Variable selling and administrative costs for this order.

The lowest selling price Geneva should accept for this purchase order = Variable manufacturing costs = $20 per unit

8 0
3 years ago
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