I do believe that gifts to a spouse are exempt from any gift tax. So $0 is taxable.
Answer:
The correct answer is B: $46,400
Explanation:
The difference between absorption and variable costing is that the first one includes fixed manufacturing overhead in the manufacturing cost.
Giving the following information:
Absorption costing:
Direct materials= 30,000
Direct labor= 38,000
Variable factory overhead= 8,000
Fixed factory overhead= 40,000
Total= $116,000
Unitary cost= 116000/10000= $11.6
Ending finished inventory= 4000*11.6= $46,400
Answer:
Test marketing holds a lot of importance for the company. It allows
the company to test their product in a small region so as to get an
idea whether the product will work in a bigger market or not.
Through this, the company can measure the performance of the
product and can decide whether it should be released nationwide
for sale. Through this, the company can estimate the earnings that
can be earned through this product beforehand.
Explanation:
You can clean peoples trash cans and recycling bins in you’re neighborhood. I do this and I’m 16. It’s super easy and you make so much, I charge 20 bucks for both bins and sometimes if ppl are nice, they’ll tip u extra ;). This is super creative and shows a lot about you to others in the neighborhood. All there is to it is spraying the hose in the bin with some dish soap, using some disinfectant spray on the inside, and using a fresh center spray in the bin to make it smell good :) people love this!!
Answer:
at the time it receives a negotiable warehouse receipt for the bats.
Explanation:
Benson Bearing Company is selling bats to Textron inc. The bats are stored at an independent warehouse not controlled by Benson Company.
Of the contract states that Textron will pick up the bats at the warehouse, the risk of loss passes to Textron when it recieved a negotiable warehouse reciept for the bats.
This is because the warehouse is not controlled by Benson Company and issuing a warehouse reciept is equivalent to delivering the goods to Textron.
