Answer:
$22
Explanation:
The computation of the predetermined manufacturing overhead rate per hour is shown below:
= Total Factory overhead ÷ Estimated labor hours
where,
Total factory overhead is
= Salary of factory supervisor + Heating and lighting costs for factory + Depreciation on factory equipment
= $37,000 + $22,300 + $5,600
= $64,900
And, the machine hours is 2.900
So, the predetermined overhead rate is
= $64,900 ÷ 2,900
= $22
This is the answer but the same is not given in the options
Answer:
The payment serves as a fee for the service rendered by government. It is slightly different from a transaction-based tax due to the fact that a private party and the jurisdiction are involved in a transaction instead of the normal operation in a market transaction that occurs between two or more private parties. This also gives the payer a certain opportunity which is the right to get married under law.
Explanation:
The payment serves as a fee for the service rendered by the government. It is slightly different from a transaction-based tax due to the fact that a private party and the jurisdiction are involved in a transaction instead of the normal operation in a market transaction that occurs between two or more private parties. This also gives the payer a certain opportunity which is the right to get married under the law.
Answer:
total amount reported in the cash flow from investing activities = book value + realized gain = $55,485 + $7,610 = $63,095
Explanation:
In order for this specific gain to be reported only once in the cash flow statement, it must first be deducted from the cash flow from operating activities as an adjustment to net income.
<span>Teresa is an efficient manager. An efficient manager is someone who finds ways to complete the company goals with minimal waste, and as cost effective as possible. They find the best way to use the resources provided, including (but not limited to) employees, materials, technologies, or tools.</span>
Answer: See Explanation
Explanation:
a. Calculate Julie's taxable income or loss
This will be calculated as:
Wages - Business loss - Standard deduction
= $30000 - $400000 - $12000
= -$22000
There's a taxable loss of $22000
b. Calculate the business and nonbusiness portions of her taxable income or loss
The business loss will be the difference between the wages and the net loss which will be:
= $30000 - $40000
= -$10000
The non business loss is $12000 which is the standard deduction.
c. Determine Julie's 2018 NOL
The net business loss is $10000
