i feel either c or d but d is probably wrong because they would have asked you that at the interview and c could be right because they need your social security for taxes so C
Increase in price leads to a decrease in supply.
This means that the figure might be 6.2% percent of off and there is a 90% chance of the figure being correct to 6.2%
Answer:
(A) estimated annual costs and expected annual activity
Explanation:
The formula to compute the predetermined overhead rate is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours or estimated machine hours)
It is always calculated on the estimated amount and estimated annual activity i.e direct labor hours or machine hours
So the correct option is a.
Answer:
The answer is: $2,500
Explanation:
According to the IRS, the cost basis for any asset should be the original cost adjusted by its depreciation.
Since Jack and Diane aren't able to determine the depreciation expenses for the cabinets, they should use their fair market value as cost basis.