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3 years ago

An income statement under absorption costing includes which of the following: ______________

Business

1 answer:

ra1l [238]3 years ago

4 0

Answer:

a. Direct materials

b. Direct labor

c. Variable overhead

d. Fixed overhead

Explanation:

The absorption costing is the costing in which the income statement should includes all types of production cost i.e. direct material cost, direct labor cost, variable overhead and the fixed overhead

So as per the given statement, all the four types of costing should be involved while preparing the income statement under the absorption costing

Hence, all 4 options should be considered

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A company wants to set up operations in a country with the following corporate tax rate structure: Taxable Income Tax Rate <$

Gre4nikov [31]

Answer:The company should pay $3,000 in taxes

Explanation:

Taxable Income= Gross Revenues -Total cost- Allowable Deduction

=$ 500,000 –$ 450,000 - $30,000= $20,000

Gross Tax Liability=Given that the taxable income and tax rate as

<$50,000--- 15%

$50,000 - $75,000 ----25%

$75,000 - $100,000----34%

>$100,000----- 39%

Our calculate taxable income is less than <50,000, ie $20,000 from our Gross revenue

The gross tax liability, will now be 15% of $20,000=0.15 x 20,000= $3000

The company should pay $3,000 in taxes

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4 years ago

In a net lease, the tenant is responsible for paying a clearly defined portion of the property's operating expenses. Based on yo

svetlana [45]

Answer:

Explanation:

net-net refers to 2 of the operating expenses in Commerical property. Triple Net refers to all of the taxes, maintenance and insurance or TMI

3 0

3 years ago

Charles was the last person on his block to purchase a color television set, and that was in the 1980s. He just couldn't see the

dezoksy [38]

Answer:

Charles is classified in the adopter category called "Latecomers"

Explanation:

Latecomers are traditional consumers. For them, buying a new product brings a feeling of extreme psychological discomfort. They do not like news, even flee from it, and consider it immature to buy an innovative article in the market.

Latecomers represent 16% of consumers, are insecure to adopt new things, do not like to try new things and do not follow fads. Being traditionalists, they always perform the same way and only adopt innovation when there is no other alternative. Like Charles, who only bought the color TV because his old tv stopped working.

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4 years ago

All the following are examples of senioritis except

levacccp [35]

C. Taking a dual enrolment class

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3 years ago

Read 2 more answers

Regarding wage and price stickiness, the coordination argument a. refers tothe synchronization of wages and prices in a market e

sukhopar [10]

Answer:

The correct answer is letter "B": there being a market‑wide, systematic way of implementing an acceptable wage cut for all workers or price cut to market participants during a recession.

Explanation:

Price stickiness refers to the resistance of a price level to change in front of major changes in the overall economy that indicates the current price level is not optimal. The concept can be applied to wages moreover when there is a deficit in a company or a recession in a country that suggests wages should be lower but they maintain their same level.

Thus, <em>the coordination argument states that the broad market situation should match the price level of goods and services.</em>

3 0

4 years ago