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bearhunter [10]
3 years ago
8

Generally, a tax preparer must never provide a copy of a taxpayer's tax return to any other party. However, there are two except

ions allowing for limited disclosure. What are these exceptions
Business
1 answer:
kompoz [17]3 years ago
3 0

Answer:

A tax preparer can disclose a taxpayer's information with another tax preparer that works in the same firm that he/she does, as long as they are both located in the US.

A tax preparer can disclose a taxpayer's information with another tax preparer that does not work in the same firm that he/she does, are both located in the US, and the purpose of the disclosure is to provide auxiliary services or assist in the preparation of a tax return of a another taxpayer.

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Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard mac
kirill115 [55]

Answer:

The variable overhead rate variance for the month is $2,548 favorable

Explanation:

In this question, we use the formula of the variable overhead rate variance which is shown below:

= Actual level of activity × (Standard rate - Actual rate  )

= 9,100 × ($7.60 - $7.32)

= 9,100 × 0.28

= $2,548 favorable

The actual rate is not given in the question, so we have to compute by using the formula which is given below:

= Actual total variable manufacturing overhead ÷ Actual level of activity

= $66,600 ÷ 9,100

= $7.32

Hence, the variable overhead rate variance for the month is $2,548 favorable

6 0
4 years ago
Match the following terms with their definitions. Salary, rewards, net pay, occupation, costs, benefit, deduction1. a fixed amou
Katena32 [7]

Answer:

1. A fixed amount of money periodically paid to a person for work – Salary

2. The price paid to acquire, produce, or accomplish something – costs

3. The portion of the wages that the employee actually gets to take home - net pay

4. Perks provided by your employer – benefit

5. Something that causes or increases personal satisfaction – rewards

6. An amount that is subtracted from your paycheck employee – deduction

7. A person's usual work or business; a way of earning a living - occupation

Explanation:

1. The salary is defined as the amount received by a person for work, this income does not include any extra benefit. to be considered as a salary it has to be paid periodically.

2. The cost is the expense caused for the production of a product, in the case of a service is the cost of offering it. includes direct and indirect labor force cost, amortized costs of the machinery and supplies (for products).

3. The net pay is the salary amount paid to an employee after the deduction of any amount legally recognized, it may include taxes and other items.

4. The benefits are extra gains that an employer may give to workers, different from the salary amount, it may include bonus or specific medical insurance advantages.

5. The rewards are non-usual prizes or recognitions received by people due to a personal or labor goal.

6. The deduction is al legal reduction done by a company in the payment of an employee.

7. The occupation is the activity that a person develops to obtain living resources, it can include personal business or employment.

4 0
4 years ago
An economy has $10 trillion in consumption, $2.5 trillion in investment, $3 trillion in government purchases, $1 trillion in exp
barxatty [35]

Answer:

$15 trillions

Explanation:

The computation of the GDP is shown below:

GDP = Consumption + Investment + Government purchase + Net exports

where,  

Consumption = $10 trillions

Investment = $2.5 trillions

Government purchase = $3 trillions

Net exports = Exports - imports

= $1 trillion - $1.5 trillion

= -$0.5 trillion

So, the GDP would be

= $10 trillions + $2.5 trillions + $3 trillions - $0.5 trillions

= $15 trillions

= 13.5 trillions

3 0
3 years ago
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $1,500 of dir
Dmitriy789 [7]

Answer:

The answer is: $29,000

Explanation:

To calculate Job A3B's costs during September we must add direct materials plus 3 times direct labor:

September costs = direct materials + (direct labor x 3) = $1,500 + $9,000

September costs = $10,500

We do the same for October:

October costs: direct materials + (direct labor x 3) = $2,000 + $16,500

October costs = $18,500

The total cost for Job A3B is: $10,500 + $18,500 = $29,000

5 0
3 years ago
In _________, machines are designed to do multiple tasks so that they can produce a variety of products.
zhenek [66]
<span>flexible manufacturing</span>
4 0
3 years ago
Read 2 more answers
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