Answer: $7,000
Explanation:
As the question says, a total of $35,000 is paid for 12,000 square feet of space and that the rent is apportioned on the basis of space.
Department One occupies 2,400 square feet of that space.
Calculating the proportion it occupies is,
= 2,400/12,000
= 20%
Since it occupied 20% of the total space then it should be charged 20% of the rent bill.
= 20% * 35,000
= $7,000
Department One should be charged rent expense for the period of $7,000.
Answer:
See below
Explanation:
According to the information above, there would be no sales if TAM is discontinued as there would be no cost traced to it safe for $145,000 for fixed manufacturing overhead.
We already know that the net operating loss was $55,000 the fixed manufacturing overhead of $145,000 would further increase the loss by $90,000
Based on the metrics given, we can say that shipping errors were <u>not very impactful </u>on customer questions.
<h3>Relationships between metrics</h3>
- Customer questions kept rising by 2% from the first month till the third month.
- Shipping errors (shipped incorrectly) rose by 2% from the first to the second month and then stayed constant.
What we then realize is that even though questions kept rising, shipping errors only rose once which means that shipping errors did not account for much of customer questions. If it did, the customer questions would have stayed constant as well.
In conclusion, shipping errors were not very impactful.
Find out more on performance metrics at brainly.com/question/4295533.
Answer: A balanced economy generally has neutral economic stance.
Explanation:
A balanced economy generally has neutral economic stance. This means a balanced economy is one in which the finance of the economy I.e both the imports and exports are in equal proportion.
Answer:
Since 2019, the deduction limit for interest expense deductions on qualified higher education loans is $2,500. In order to qualify for this deduction, the taxpayer's adjusted AGI must be less than $85,000 for single filers (Lionel's income is below the threshold).
So Lionel will be able to deduct $1,650 as interest expense (above the line deduction).
Lionel can also deduct $2,500 form the American Opportunity Tax Credit for higher education expenses.
