Answer:
See below
Explanation:
The overhead controllable variance is computed as
= (Actual overhead hour - Standard overhead hour) × Standard fixed overhead hour
Given that;
Actual overhead hour = 64,000
Standard overhead hour = 63,000
Standard fixed overhead hour = $2
Then,
= (64,000 - 63,000) × $2
= $2,000 favorable
Therefore , the overhead controllable variance is $2,000 favorable
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Thiago's store will be an example of a: Sole Proprietorship
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Explanation:</u></h3>
A sole proprietorship is an unincorporated company with simply one owner who meets personal income tax on profits derived. A sole proprietorship is the simplest kind of business to build or take alone, due to a shortage of government administration.
A sole proprietorship can work beneath the name of its proprietor or it can do trade following an imaginary name. Sole proprietors need not adopt conventions such as voting and meetings compared with the more complicated business forms. Numerous sole proprietorships close up making restructured into an LLC, in sync with the company's extension.
Answer:
The correct answer is letter "D": You contribute pre-tax money to a 401(k) and post-tax money to a Roth IRA.
Explanation:
The main difference between a 401(K) retirement account and a Roth Individual Retirement Account (IRA) relies on how contributions are taxed. <em>While 401(k) account contributions are pre-taxed, Roth IRA contributions are after-taxed</em>. Besides, 401(K) accounts are employer-sponsored while Roth IRAs can be opened by individuals.
Answer:
Option (d) will be the correct option
Explanation:
We have given that the new income in first round of multiplier process = $200
And new income after the second round of multiplier = $120
We know that marginal propensity to save is given by
Marginal propensity to save =
Now we know that multiplier is given by
So option (d) will be the correct option