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3 years ago

Differences between financial statement and taxable income were as follows:

Business

1 answer:

pychu [463]3 years ago

6 0

Answer:

Deferred tax liability = $26,000,000

Explanation:

The deferred tax liability is calculated at the tax rate of 40% on the future taxable income:

Deferred tax liability = $104,000,000*25%

Deferred tax liability = $26,000,000

Thus, $260,00,000 is the deferred tax asset or liability amount to be reported in the balance sheet as current or long term.

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Factory Overhead Cost Budget Sweet Tooth Candy Company budgeted the following costs for anticipated production for August: Adver

pishuonlain [190]

Answer:

Total factory overhead costs $ 281,000

Variable factory overhead costs: $ 229,000

Fixed factory overhead costs: $ 52,000

Explanation:

Sweet Tooth Candy Company

Factory Overhead Cost Budget

For the Month Ending August 31

Variable factory overhead costs: $ 229,000

Manufacturing supplies 14,000

Power and light 48,000

Production supervisor wages 135,000

Production control wages 32,000

Total variable factory overhead costs $ 229,000

Fixed factory overhead costs: $ 52,000

Factory insurance 30,000

Factory depreciation 22,000

Total fixed factory overhead costs $ 52,000

Total factory overhead costs $ 281,000

1)The following are not included in the factory Overheads as they are related to the Administration and Sales Department.

Advertising expenses $232,000

Sales commissions 298,000

Executive officer salaries 310,000

2) The following is Direct labor and is not included in the factory overhead costs.

Materials management wages 39,000

6 0

4 years ago

If the typical balance on Lucy's credit card is $750 and the interest rate (APR) on her credit card is 16%, how much in interest

dsp73

If the typical balance on Lucy's credit card is $750 and the interest rate (APR) on her credit card is 16%, how much in interest would you expect Lucy to be charged in a typical month

(16%/12)750=10.00

6 0

4 years ago

Read 2 more answers

If your target audience is parents, what should you do in your ad for maximum appeal? show them your product is elegant show the

Cerrena [4.2K]

Show them your product has value

6 0

4 years ago

Desiree works 28 hours per week. She has a monthly income of $120 from investments. Desiree also plays in a band one night a wee

lukranit [14]

Answer:

$1.50

Explanation:

Desiree makes $120 per months from investments. The annual income from investments = $120 x 12

=$1,440

She play in band earning $200 per week. Annual income from the band will be = $200 x 52 weeks

=$10,400

If her total annual income is $49,696, then her annual income from her salary =$49,696 -( $1440 + $10,400)

=$49,696 -$11,840

=$37,856

weekly earnings will be $37,856 /52= $728

Hourly earnings will be $728 /28

=$26

Desiree wants to make $51,880 per year. Her income from investments and the band will remain the same.

She needs to earn $51,880 -$11,840 from her salary

=$40,040 per year

Her new weekly earnings will be $40,040 /52 =$770

New hourly earning = $27.5

Desiree should ask for a raise of( $27.5 -$26)

=$1.50

4 0

3 years ago

Tina is overseeing a new building construction. She was told there was a problem with the cement mixer and that the new uprights

drek231 [11]

Tina is most likely the "Construction Manager".

A construction manager, otherwise called a site manager, is required to oversee and coordinate different activities inside a building venture.

A Construction Manager must guarantee a task is finished securely, ensuring the venture keeps running on time and inside the designated spending remittance. They regularly come into the procedure very at an opportune time in the undertaking so they can assist the customer with primer arranging. They additionally help with angles, for example, choosing a draftsman and contractual worker.

6 0

3 years ago

Read 2 more answers