Answer:
See below
Explanation:
With regards to the above, first we need to compute the fixed manufacturing overhead.
Fixed manufacturing overhead
= Total fixed manufacturing overhead ÷ Total machine hours
= $344,000 ÷ 40,000
= $8.6 per machine hour
Calculation of overhead applied to Job M759
Variable manufacturing overhead
= 60 machine hours × $3.9
= $234
Fixed manufacturing overhead
= 60 machine hours × $8.6
= $516
Therefore, total overhead applied to job M759 is $750
Answer:
C. to increase aggregate demand.
Explanation:
Aggregate demand describes the total amount of all finished goods and services demanded in a country in a period. Aggregate is a reflection on the purchasing power of consumers in an economy. A decrease in aggregate demand implies the economic power of consumers has decreased. A high inflation rate, low income, or high rate of unemployment can cause the aggregated demand to declines.
Expansionary fiscal policies are government actions of reducing taxes or increasing expenditure on stimulus programs. Reducing taxes increases the disposable income of consumers. It encourages firms to expand their businesses. An increase in disposable means consumers will have more money to spend, which boosts aggregate demand. If the government spends money on stimulus programs such as the construction of roads and public buildings, it creates employment and income for more people.
Answer:
The maximum depreciation expense is $2,792
Explanation:
In order to calculate the maximum depreciation expense we would have to calculate the depreciation of service computer equipment and the service furniture as follows:
depreciation of service computer equipment=$15,500*5%
depreciation of service computer equipment=$775
depreciation of service furniture=$11,300*17.85%
depreciation of service furniture=$2,017
Therefore, maximum depreciation expense=depreciation of service computer equipment+depreciation of service furniture
maximum depreciation expense=$775+$2,017
maximum depreciation expense=$2,792
Answer:
The correct answer is c. the exhaustion doctrine.
Explanation:
"Exhaustion" refers to one of the limitations of intellectual property rights. Once a product protected by an intellectual property right has been marketed by your SME or by others with your consent, your SME is no longer entitled to exercise the intellectual property rights of the commercial exploitation of this given product, since it They have "sold out." Sometimes this limitation is also called the "first sale doctrine", since commercial exploitation rights on a given product end with the first sale of the product. Unless the legislation specifically provides otherwise, your SME may not control or oppose subsequent acts of resale, rental, loan or other forms of commercial use by third parties. There is a fairly broad consensus that this applies at least within the framework of the national market.
Answer:
Protected assets:.
Pass-through taxation:
Tax-favorable characterization of income:
Straightforward transfer of ownership:
Cash method of accounting
Heightened Credibility:
Explanation:
The advantage S-Corporation have over all other forms of businesses is as follows:
Protected assets:. An S corporation protects the personal assets of its shareholders.
<em>Pass-through taxation</em>:An S corporation does not pay federal taxes at the corporate level. It is of benefit to businesses starting from inception
<em>Tax-favorable characterization of income</em>:S corporation shareholders can be employees and be paid as employees. They can also receive dividends from the corporation and distributions that are tax-free to the magnitude of their investment in the corporation
<em>Seemless transfer of ownership</em>: Ownership can be freely transferred to people legally
<em>Cash method of accounting</em>: They don't have to use the accrual method of accounting while other Corporations use that(except for small businesses)
<em>Heightened Credibility</em>: It helps to establish a strong credibility with business partners, employees, vendors
