Answer:the total amount of income J.D. recognizes related to Clampett, Incorporated, in 2021 =$5,000
Explanation:
Income of J.D related to Clampett = Ordinary income + Capital gain
Given that Basis distribution = $50,000
Basis stock = $45,000
Ordinary income = $10,000
But Capital gain = Basis distribution -( Basis stock + Ordinary income)
Capital gain = $50,000 - ($45,000 +$10,000)
Capital gain = $50,000 - $55,000
Capital gain = = - $5,000
Therefore J.D. income related to Clampett = Ordinary income + Capital gain =$10,000 +(- $5,000)
=$10,000 - $5,000
=$5,000
Development, Structure and powers of U.S constitution and Arizona constitution have a huge comparison.
<u>Explanation:
</u>
Unlike the United States Constitution, which was embraced in 1787, that wasn't until 1912 that perhaps the Arizona Constitution was accepted, leading to the creation of the 48 states
The common terms,' we the people' all constitutions begin with, but include many different things. After all, there were certain differences between one condition and another for a set of fifty.
The Arizona Constitution states that the legislature must be split into three parts-Legislative, Legislative and executive–which are not applicable to the United States Constitution
Many think of forms to deny or expel someone from office. They will enforce them in both Constitutions. All define the qualifications for their office if they would like to run for office. Another connection that I found was apparent but significant nonetheless.
They both mention the theme of religious liberty, one of the most valuable values in our society. Eventually, both inspire their lawmakers to negotiate with them.
Answer:
$41,650
Explanation:
Contribution margin is the net of sales and variable costs.
Contribution Margin:
Division A = $47,700
Division B = $231,000 x 35% = $80,850
Company calculates the Net Income after deducting The traceable and common fixed costs from the total contribution margin.
Total contribution margin = $47,700 + $80,850 = $128,550
Net Income = Total contribution margin - Traceable Fixed Expense - Common Fixed expenses
$27,200 = $128,550 - $59,700 - Common Fixed expenses
$27,200 = $68,850 - Common Fixed expenses
Common Fixed expenses = $68,850 - $27,200 = $41,650
When it has a small population
Answer:
Actual usage of material exceeds the standard material allowed for output.
Explanation:
<em>Material quantity variance occurs when the actual quantity used to achieved a given level of output is greater or less than the standard material allowed.</em>
<em>It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price</em>
An unfavorable materials quantity occurs when the actual quantity used to achieved a given level of output is greater than the standard material allowed.
<em>It is might be an indication of wastage in the usage of materials or inefficiencies.</em>
