Answer:
$24,000
Explanation:
Total Taxable income of first and second year = $10,000 + $30,000 = $40,000
Net loss in 3rd year = $100,000
Net Operating loss carry back = Regina Taxable income Total of first and second year of operations
Net Operating loss carry back = $40,000
Net Operating loss Carry forwards = Net loss - Net Operating loss carry back
Net Operating loss carry forward = $100,000 - $40,000
Net Operating loss carry forward = $60,000
Income tax rate = 40%
Income tax benefit from the Net Operating loss carry forward = Net Operating loss carry forward * Income tax rate
Income tax benefit from the Net Operating loss carry forward = $60,000 * 40%
Income tax benefit from the Net Operating loss carry forward = $24,000
.
Answer:
The summary and as per the query is defined in the following portion of the clarification.
Explanation:
The key characteristics including its 100 yen sushi management of service distribution system are its approaches to meal preparation and facilities on the manufacturing process. The client is also involved throughout the supply chain. The regular price, the conveyor belt mechanism throughout the location, which passes across the commercial counter, is three to four chefs on the floor.
The benefits of this are the people that follow:
- High-tech independence including the use of clear methods.
- The positions that their operation involves repetition throughout their manufacturing method there might be other providers that could follow 100 yen sushi household operational efficiency. The distribution system used for the 100 yen sushi household delivery of services may also be regarded for car production.
- By only using throughout time method, the location uses freshly delivered food. The position has always had to estimate the volume of food purchased as well as cook it regularly according to the purchase request.
Answer:
However, Gilberto's decision regarding how many workers to use can vary from week to week because his workers tend to be students. Each Monday, Gilberto lets them know how many workers he needs for each day of the week. In the short run, these workers are <u>VARIABLE</u> inputs, and the ovens <u>FIXED</u> inputs.
Explanation:
In the long run, all inputs are variable. E.g. in 5 years Gilberto might build his own pizza place and he will be able to make the kitchen as large as he wants.
But in the short run, some inputs are variable because they can be changed immediately, e.g. the number of workers changes on a weekly basis. While other inputs are fixed, and cannot be changed, e.g. Gilberto has a two yer lease contract for the ovens, so he will continue to use these ovens until the lease expires (in 2 years).
The long run and short doesn't depend on time, but on the ability of being able to change the inputs consumed by a business. The long run might represent 10 years for a company that signed a 10 year lease contract.
Answer:
Normal spoilage rate = 1.6978% (Approx)
Explanation:
Given:
Total unit produce = 11,900 units
Normal spoil unit = 200 units
Abnormal spoil unit = 120 units
Total normal unit produce = 11,900 - 120 = 11,780
Computation of normal spoilage rate:
Normal spoilage rate = Normal spoil unit / Total normal unit produce
Normal spoilage rate = 200 / 11,780
Normal spoilage rate = 0.0169779287
Normal spoilage rate = 1.6978% (Approx)
Answer:
raw materials 197900
accounts payable 197900
WIP 161830
factory overhead 5270
raw materials 167100
WIP 85500
factory overhead 7600
wages payables 93100
factory overhead 53000
accounts payable 53000
factory overhead 17150
acc. Dep-equipment 17150
dep expense* 14800
acc. Dep- Off Building 14800
WIP** 70965
factory overhead 70965
Finished Goods*** 251747
WIP inventory 251747
Explanation:
* as the building is not related to the manufacturing process we cannot capitalized through inventory We will record as cost ofo the period therefore, depreciation expense
** the aplied overhead will be the amount of direct labor added during the period time 83%
85,500 x 83% = 85,500 * 0.83 = 70,965
*** we will have to add up the jobs cost to detemrinate how much of the work in process inventory becomes finished good
Job Materials // Labor // Overhead
A20 $ 37,740 $ 19,200 + 19,200 x 0.83
A21 $ 44,320 $ 23,600 + 23,600 x 0.83
A23 $ 41,770 $ 27,100 + 27,100 x 0.83
Total 251,747
