Answer:
A) $1,450
Explanation:
beginning finished goods + COGM = ending finished goods + COGS
to know COGS we need cost of goods manufactured
COGM = beginning WIP + cost added - ending WIP
to knwo COGM we need to know cost added
cost added = labor + materials + overehead
to know that we need to know materials used:
used into production= beginning raw+purchase - ending raw
used = 200 + 400 - 180 = 420
and now we go backwards in the loop to fill the blank and solve for COGS
cost added = 450 + 420 + 620 = 1490
COGM = 320 + 1490 - 410 = 1400
and we now return to the formula to find COGS
250 + 1400 = 200 + COGS
1650 - 200 = COGS = 1,450
Answer:
The correct answer is letter "C": payment plans.
Explanation:
<em>Highly ethical organizations</em> are those with a well-established <em>Code of Ethics </em>that comprises its <em>corporate credos and values.</em> Within a company, the idea of having "<em>heroes</em>" also helps to spread good practices since they are taken as <em>role models </em>so other employees tend to follow their example. Managers must be aware of the ethical behavior of employees to correct or eliminate any existing threat.
Thus, <em>having different payment plans are not considered in the setting of a corporation's Code of Ethics. </em>
Answer:
$10,000 as qualified dividends
Explanation:
As this is in the form of dividends we assume the business is a corporation therefore their dividends are taxed as well.
As Jay is the sole owner of Kaye Company we have to assume their dividends are qualified as were held during the entire 121-days period
Therefore are subject to his capital gains rate rather than his rate of 37%
<u><em>According to the IRS table for the year 2020:</em></u>
Income Tax Bracket Income Tax Rate Capital Gains Rate
$0 – $9,875 10% 0%
$9,876 – $40,000 12% 0%
$40,001 – $40,125 12% 15%
$40,126 – $85,525 22% 15%
....
$518,401+ 37% 20%
Thus the $50,000 qualified dividends will be taxes at 20%
50,000 x 20% = 10,000
Because most of their food consists of chicken? They barely have any beef on their menu
Of course they do have obvious answers
