The opportunity cost of holding money is the interest forgone on an alternative asset.
<h3>What is
asset?</h3>
An asset is any resource held or controlled by a business or economic entity in financial accounting. It is anything that has the potential to provide positive economic value. Assets represent ownership value that may be transformed into cash.
A business asset is something that has current or future economic worth to the company. In essence, assets for businesses encompass anything controlled and held by the company that is today valuable or has the potential to give monetary advantage in the future. Patents, machines, and investments are some examples.
Depreciation is the systematic distribution of an asset's depreciable amount throughout its useful life. The depreciable amount of an asset is equal to the asset's cost or another number substituted for cost, less its residual value.
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Answer:
Will get 57.000 QBI
Explanation:
Net income = $300.000
QBI deduction = $285.000
w-2 wages = $120.000
assets (unadjusted basis) = $75.000
Their maximum possible pass through deduction is 20% of $285.000 = 57.000
As the income is not over $415.000 peter samuels do not qualify for the deduction of w-2 wages.
Will get 57.000 QBI
Answer
Machining Department Assembly department
POAR = $5 per machine hour 200% of direct labor cost
Explanation:
Under absorption costing, overheads are charged to products using pre-determined overhead absorption rate. With this rate, overhead are included in the cost of every unit produced.
The rated is computed follows:
Predetermined overhead absorption rate (POAR)
= Estimated overhead for the period/Estimated activity level
Machining Department
POAR =25,000/ 5,000 machine hours=$5 per machine hour
Assembly department
PIAR = $30,000/15,000× 100 = 200% of labor cost
The member of the trust board would owe his/her fiduciary responsibility to the community of Hershey.
Milton S. Hershey was the creator of the company, hence the very reason you would be in this position right now. As such, the legacy of Mr. Hershey would affect your thinking such that you act in the best interests of the company to allow it to grow further and larger, as this is what its founder would have wanted.
