Answer:A) Debit Encumbrances Control for $550,000
Explanation:
A) Debit Encumbrances Control for $550,000
Encumbrance is a restriction that controls the usage of funds, Encumbrance prevents the organisation from overspending
when X city ordered supplies of $550 000 the city created an encumbrance control with an amount of 550 000. when the supplies are received expenditure on supplies will be limited to $550 000
$2,000 is her alternative minimum tax liability for the year. Because Harmony's tentative minimum tax exceeds her regular tax, the $2,000 difference is her alternative minimum tax liability for the year.
<h3>
What is Tax Liability?</h3>
- The amount that a person, company, or other entity owes to a federal, state, or local tax authority is known as their tax liability.
- The selling of an investment or other item that generates income generally results in the creation of a tax burden. When purchasing items, one may be required to pay a municipal or state sales tax. (Although several nations do, the United States does not impose a national sales tax.)
- If a person's overall tax debt was nil or if their income was too low to necessitate filing tax returns, they might not have any income tax burden.
To learn more about Tax Liability with the given link
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Answer:
The optimum production quantity is 72 wheel bearings per batch.
Explanation:
Wheel Rite can produce 480 wheel bearings per day.
Setup cost are $39 per batch.
Holding costs are $0.70 per unit per year.
The optimum batch size can be calculated as the one that minimizes the cost. This can be calculated with the Economic Order Quantity formula:
In this case, the units are:
D: daily demand (52 u.)
S: Setup cost per order ($39)
H: holding cost per unit per year ($0.70)
Then, we have:
The optimum production quantity is 72 per batch.
Answer:
Actus Reus
Explanation:
Actus Reus is action which constitutes a crime rather than mental state of the criminal. For an accused to charge with crime there should be proof and presence of Actus Reus. In absence of any strong evidence the accused can not be charged with criminal charges.
