You are most concerned for the infant who has

Which is of the following is NOT an example of a non profit organization?

OLga [1]

D) all of the answers

6 0

3 years ago

What is the average variable cost of producing 200 units per month?

Marianna [84]

The average variable cost is 2400 because if you multiple 200 times 12 you will get 2400

8 0

3 years ago

A minor can disaffirm a contract if:

SashulF [63]

Answer:

a. he or she has not ratified the contract on reaching majority.

Explanation:

Generally a minor is allowed to dissaffirm a contract they entered when they were underaged. Also when they attain the age of majority they will need to ratify the contract for it to be binding.

In the case where the contract has not been ratified on reaching majority, it can still be dissaffirmed.

Contracts with minors are void, and only some state laws allow for ratification of the contract on attainment of majority age.

4 0

3 years ago

Theodore Enterprises had the following pretax income (loss) over its first three years of operations: 2016 $ 500,000 2017 (900,0

m_a_m_a [10]

Answer:

$450,000

Explanation:

Theodore Enterprises had the following pretax income (loss) over its first three years of operations:

2016 $ 500,000

2017 (900,000 )

2018 1,500,000

For each year there were no deferred income taxes and the tax rate was 30%. In its 2017 tax return, Theodore elected a net operating loss carryback. No valuation account was deemed necessary for the deferred tax asset as of December 31, 2017.

Therefore Theodore's income tax expense for 2018 is 30% x 1,500,000 = $450,000

Loss carry back is when a business elects to net off losses against a previous year's return as opposed to loss carry forward which is the future years' return.

4 0

3 years ago

Read 2 more answers

Berends corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct

Salsk061 [2.6K]

Answer:

1. Variable Overhead Efficiency

= Standard rate * (Actual hours - Standard hours)

= 3 * ( 8,800 * 0.3 - 2,560)

= 3 * 80

= $240 Favorable

2. Materials Quantity Variance:

= Standard price * (Standard quantity - Actual quantity)

= 3 * (8,800 * 9.2 - 78,150)

= 3 * 2,810

= $8,430 favorable

3. Materials price variance:

= Standard cost of purchased materials -Actual cost of purchased materials

= (3 * 85,900) - 240,520

= $17,180 Favorable

4. Labor efficiency variance

= Standard labor rate * ( Actual hours worked - Standard labor hours)

= 17 * ( 2,560 - 8,800 * 0.3)

= 17 * 80

= $1,360 Favorable

5. Labor rate variance:

= (Standard rate * actual hours worked) - Actual labor cost

= 17 * 2,560 - 39,424

= $4,096 favorable

6. Variable Overhead rate variance:

= (Overhead rate * Actual hours) - Overhead cost

= (3 * 2,560) - 6,912

= $768 Favorable

3 0

3 years ago