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3 years ago

Listed here are product costs for the production of soccer balls.

Business

1 answer:

VikaD [51]3 years ago

7 0

Answer:

(a) as either fixed or variable

fixed

Coolants for machinery

Annual flat fee paid for factory security

Machinery depreciation (straight-line)

Taxes on factory

variable

Lace to hold leather together

Wages of assembly workers

Leather covers for soccer balls

(b) as either direct or indirect

direct

Lace to hold leather together

Wages of assembly workers

Leather covers for soccer balls

indirect

Coolants for machinery

Annual flat fee paid for factory security

Machinery depreciation (straight-line)

Taxes on factory

Explanation:

Fixed Costs are constant for any production level. Variable Costs vary directly with production.

Direct Costs are easily traced to the product manufactured. Indirect costs are not easily traced and they need to be allocated to Products manufactured.

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In 2019, Laureen is currently single. She paid $2,800 of qualified tuition and related expenses for each of her twin daughters S

Anastaziya [24]

Answer:

Answers below

Explanation:

a) Laureen's AGI - $45,000

For 2 daughter - AOTC is - (2000*2child)+(800*25%+2child)

=4000+400

=4400

For Ryan - 1900

AOTC - 6300

Laureen lifetime learning credit - Eligible is 2000 (The amount of the credit is 20 percent of the first $10,000 of qualified education expenses or a maximum of $2,000 per return)

so in above case it is - 1200*20% =240 (Since AGI is below clip of 56000 he can claim same)

=6300+240 = 6540 is eligible deduction

Since AGI is 95000

AOTC can't be calimed if AGI is above 90000 and hence AOTC is zero and Lifetime learning credit can't be claimed if AGI is above 56000.. Hence it is zero education credit

For Daughter it is same as a above i.e. 4,400

For Ryan it is = 2000+(10000*25%) or maximum 4000

=2000+2500 or 4000

so 4000 is allowed

so AOTC total of 8400 and LLC of 240 so claimed is 8640

3 0

3 years ago

Each unit requires 0.25 direct labor-hours and direct laborers are paid $14.00 per hour. In addition, the variable manufacturing

pshichka [43]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Each unit requires 0.25 direct labor-hours and direct laborers are paid $14.00 per hour. In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $95,000 per quarter.

Direct labor per unit= 0.25*14= $3.5

Direct labor equation= 3.5*x

x= units produced

For example:

100 units

Direct labor= 3.5*100= $350

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3 years ago

The rate of ___________ has been fluctuating wildly this week.

s2008m [1.1K]

I think the correct answer from the choices listed above is option D. The rate of exchange has been fluctuating wildly this week. Rate of exchange is the one being monitored by every country every moment so it should be this the correct answer. Have a nice day.

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3 years ago

For each example, determine how the market for the good in bolded text will respond to the described change. Due to increases in

crimeas [40]

Answer:

Explanation:

According to the law of demand,a rise in price leads to a decrease in quantity demanded and a fall in price leads to an increase in quantity demanded.

1.The price of a gallon of 2% milk has risen, therefore, quantity demanded decreases.

2.The price of laser tag has fallen,therefore,quantity demanded increases.

3.The price of dressers and desks has risen,therefore,quantity demanded decreases.

4.The price of pork shoulder has fallen from $3.99 per pound to $1.99 per pound,therefore,quantity demanded increases.

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3 years ago

Smith, a single individual, made the following charitable contributions during the current year. Smith’s adjusted gross income i

pishuonlain [190]

Answer:

A) $7,000

Explanation:

Smith can deduct the $5,000 he donated to the church he attends. The art work donated to the local museum must be deducted at its basis, which is $2,000. Since he only purchased the painting 4 months before, the price increase will be considered a short term capital gain. Donated short term capital gain property must be deducted at basis.

The $1,000 he donated to the needy family is not deductible, since it wasn't a qualifying organization.

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3 years ago