Answer:
Option (B) is correct.
Explanation:
Invested amount = $12,000
Interest received in partnership = 10%
qualified non-recourse debt in partnership = $34,000
Loss allowed = $15,400 (At risk amount)
Tax basis = $18,800
Disallowed loss = Loss allocation - Risk amount
= $18,800 - $15,400
= $ 3,400
Answer:
b. Sales, production, direct materials purchases, cash disbursements.
Explanation:
First, you calculate your sales.
Then, the amount produced to fulfill your sales and desired inventory stocks
Based on your production, you can calculate the direct materials purchases
Lastly, with the combination of raw materials purchases, along with other information, you generate the cash disbursements budget
a.- you need to know the production to know how much direct materials do you need. INCORRECT
c.- you can't calculate how much will you pay for the direct materials without knowing how many direct materials are needed. INCORRECT
d.- you need to know the number of sales, to know how much to produce. Else you will be producing without knowing how much do you need. INCORRECT
Answer:
You would need to sell 54,137 units in order to cover your fixed costs
Explanation:
Answer:
c. when the company corrects poorminusquality goods or services before delivery to customers.
Explanation:
Internal failure costs are costs incurred when the company corrects <u>poorminusquality goods or services before delivery to customers.</u>
The answer to this question is 30/100*$50,000 = $15,000 remains on the balance sheet at the end of the year.
The $ 1200 paid for advertisement is not included in the cost of inventory.
<span>Cost of inventory=cost of inventory+ any other cost needed to get inventory in place of sale.</span>