Answer:
D. $144
Explanation:
With this method the last merchandise entered is the first to come out of existence.
At the time of the sale of May 20, the situation was as follows.
5/3 Purchase 5 units $20
5/10 Sale 3 Units
5/17 Purchase 10 units $24
5/20 Sale 6
The cost of selling these 6 units corresponds entirely to the cost of the purchase of May 17.<em> It does not matter that there</em> are still 2 unsold units of the previous purchase in the warehouse since we are using the LIFO method. So 6 units x $24 = $144
B. $14,719.80
Is the correct answer because I just took a quiz
Answer:
Explanation:
Pronoun disagreement. Team is singular collective and their is a plural form. You need something like its money.
Answer:
Option a is correct.
Explanation:
Implicit Cost
Job Offer = 30,000 (highest is to be taken)
Withdrawal from own savings = 20,000
Interest on savings = 3%
Interest = 600
Total = 30,000 + 600 = 30,600
Answer:
The answer is: As a married couple filing jointly, their standard deduction for 2018 is $24,000.
Explanation:
The standard deductions for 2018 taxes filed on April 2019 are:
- $12,000 for single taxpayers
- $12,000 for married taxpayers filing separately
- $18,000 for heads of households
- $24,000 for married taxpayers filing jointly
- $24,000 for qualifying widow(er)s
If Mr. and Mrs. Twig are a married couple filing jointly, their standard deduction for 2018 is $24,000.