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larisa86 [58]
3 years ago
12

Generally speaking, when going through the process of computing a predetermined overhead rate, the estimated total manufacturing

overhead cost is determined before estimating the amount of the allocation base.
a. True
b. False
Business
1 answer:
ozzi3 years ago
6 0

Answer: False

Explanation:

The amount of the allocation base is determined first and then based on this, the total manufacturing overhead is determined.

The allocation base includes those things that are used to support the production activities of the company during a period such as labor or machine hours and square foot occupied. When these are determined, the overhead costs needed to use these will then be determined.

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Will and Janine are divorced during the current year. Will is to have custody of their two children and will receive their house
Leto [7]

Answer:

Since Will is getting the custody of their two children, he can claim them as dependents and deduct exemptions when he files his taxes.

  • child tax credit ($2,000 per child under 18)
  • child and dependent tax credit (up to $3,000 per child under 13 and $500 for dependent over 13)
  • American opportunity education credit (up to $2,500 per child that studies x 4 years maximum)

Alimony can no longer be deducted from Janine's AGI, nor it should be included in Will's AGI.

Property distributions (cars and house) will not have any effect in their taxes, but if they sell them, their basis will be the value at the time of divorce.

7 0
4 years ago
You run a bank and wish to update your physical security at each branch of your bank and to update the technological security of
EleoNora [17]

Answer:

The best approach is to employ Risk Assessment

Explanation:

Executing Risk Assessment separately for either physical security or technological security makes implementing recommendations easier as regards that which has a higher priority of protection in comparison to the duo mentioned.

5 0
3 years ago
Al invested $7,200 in an account that pays 4 percent simple interest. how much money will he have at the end of five years?
Gre4nikov [31]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Below are the choices that can be found form other sources:

A. $8,710
B. $8,056
C. $8,640
D. $8,678
E. <span>$8,299
</span>
The amount of money  will he have at the end of five years is C $8,640
4 0
3 years ago
The following information pertains to Wald Corp.'s operations for the current year: Worldwide taxable income $300,000 U.S. sourc
denis-greek [22]

Answer:

The amount of foreign tax credit may Wald claim for the current year is $36,600

Explanation:

For computing the claim for the foreign tax credit, we have to do the proportionate of  U.S. income tax before foreign tax credit based on Foreign non-business-related interest, Other foreign sources taxable income to the Worldwide taxable income.  

In mathematically,  

Foreign tax credit based on non business-related which equals to

= (Foreign non business-related interest ÷ Worldwide taxable income) × U.S. income tax before foreign tax credit  

= ($30,000 ÷ $300,000) × $96,000

= $9,600

Foreign tax credit based on Other foreign source taxable income  which equals to

= (Other foreign source taxable income  ÷ Worldwide taxable income) × U.S. income tax before foreign tax credit  

= ($90,000 ÷ $300,000) × $96,000

= $28,800

The lower of $28,800 and $27,000 so, $27,000 as it includes the foreign income taxes paid  

So, The total amount of foreign tax credit equals to

= $9,600 + $27,000

= $36,600

8 0
3 years ago
Ethical Concerns in Human Resources
Dennis_Churaev [7]

Answer:

Ethical Concerns in Human Resources

Matching Ethical Issues with Ethical Concerns:

A. Mike, a new employee, was distressed to learn that he was expected to help with the illegal dumping of medical waste.

3. Right of freedom of conscience

B. One of the important messages of HIPPA (the Health Insurance Portability and Accountability Act) is the need to keep employee health records confidential.

2. Right of privacy

C. Sharon complains because the employer hired her for the day shift, but now she is expected to work the midnight shift.

5. Right of free consent

D. Many companies establish Employee Assistance Programs (EAPs), which offer employees many important benefits, including a complaint process so that employees will feel free to share their concerns.

1. Right of freedom of speech

E. Ed felt he was being demoted because of his age, not of his performance, so he asked for a meeting with the director of HR.

4. Right to due process

Explanation:

Data:

Ethical Concerns:

1. Right of freedom of speech

2. Right of privacy

3. Right of freedom of conscience

4. Right to due process

5. Right of free consent

b) Ethical principles:

Mutual benefits: This principle refers to equity in sharing benefits and costs.

Assumption of responsibility: This principle demands accountability with responsibility.

Having a sense of purpose or vision: This principle refers to the fulfilment of purpose that is considered reasonable by others.

Fairness: The principle requires the absence of favoritism  and discrimination.

8 0
3 years ago
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