Answer: $324,800
Explanation:
It is a general Principle that when calculating income tax expense, that the Extraordinary loss is treated separately because it is not a usual thing.
The income gained from changing the Accounting principle is not included as well.
The Taxable income to be recorded therefore is,
Taxable income = Income + Gain on disposal - Unusual loss (due to its infrequency)
Taxable income = 928,000 + 32,000 - 148,000
Taxable income = $812,000
Tax expense would therefore be,
= 812,000 * 40%
= $324,800
$324,800 is the amount of income tax expense Arreaga would report on its income statement.
Answer:
False
Explanation:
Managing values in the workplace legitimizes managerial actions and strengthens the coherence and balance of the organization's culture. ETHICS IMPROVES RELATIONSHIPS BETWEEN EMPLOYEES AND THE WORK GROUPS. THEY ULTIMATELY HELP TO ENHANCE THE PRODUCTS' QUALITIES AND TO CULTIVATE GREATER SENSITIVITY TO THE IMPACT OF THE CORPORATION'S VALUES AND MESSAGES.
Answer:
$432,000 Setting up equipment ⇒ based on setup hours
$1,440,000 Other overhead ⇒ based on oven hours
product units produced setup hours oven hours
Fudge 8,000 6,400 1,600
Cookies 445,000 1,600 8,000
1) Activity rate:
- a) setup hours = total setup costs / total setup hours = $432,000 / 8,000 hours = $54 per setup hour
- b) oven hours = total other overhead costs / total oven hours = $1,440,000 / 9,600 hours = $150 per oven hour
2) total overhead assigned to fudge = (6,400 setup hours x $54 per setup hour) + (1,600 oven hours x $150 per oven hour) = $345,600 + $240,000 = $585,600
It takes a lot ability to determine success. Wanting success on what your doing takes skill and talent. You can't succeed on something that your not great at, unless a specific goal is just trying something once.
Ns if this is what you meant but I hope this helps you :)
-Wolfs
Answer:
A
Explanation:
By definition, open-market operations change the monetary base.
In this exercise, the Fed engages in open-market purchases, which means that the Fed expands the amount of money in the banking system. Therefore the monetary base will increase by an amount equal to the amount of open-market purchases.
So monetary base will increase by $3 billion.
