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3 years ago

How do you give brainliest?

Business

2 answers:

madreJ [45]3 years ago

8 0

Answer:

you press the crown

Explanation:

faust18 [17]3 years ago

6 0

Answer: you have to wait a lil bit then get back on the question you answer then it'll show a crown in the side of you screen and press it if you want to

Explanation:

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Department J had no work in process at the beginning of the period. 18,000 units were completed during the period, and 2,000 uni

kykrilka [37]

Answer:

a. $283,140

Explanation:

equivalent units: complete untis + percentage of completion ending units

(notice there is no beginning inventory)

18,000 complete + 2,000 x 100% = 20,000 materials

18,000 complete + 2,000 x 30% = 18,600 conversion cost

equivalent cost: 100,000 / 20,000 = 5

conversion cost: (142,300 + 57,200) / 18,600 = 10,72580 = 10.73

total unit cost: 15.73

transferred-out units: 18,000 x 15.73 = 283.140‬

3 0

3 years ago

Cheyenne Corp. purchased a piece of equipment for $58,800. It estimated a 9-year life and $3,400 salvage value. At the end of ye

bogdanovich [222]

Answer:

the revised depreciation is $ 3,753

Explanation:

Straight Line Method of Depreciation charges the same amount of depreciation over the useful life of the asset.

Depreciation Charge (Straight line) = (Cost - Salvage Value) / Useful life

Year 1

Depreciation Charge = ( $58,800 - $3,400) / 9 years

= $6,156

Year 2

Depreciation Charge = $6,156

Year 3

Make the adjustment as if the adjustment happened at the beginning of the year

Make the following changes

(1) Adjast the Depreciable Amount (numerator)

(2) Adjast the Useful life (denominator) to 11 years

Depreciation Charge = (Cost - Previous Depreciation Charges - New Residual Value) / Revised Number of Useful life

Depreciation Charge = ($58,800 - $6,156 - $6,156 - $5,200)/ 11 years

= $ 41,288/ 11 years

= $ 3,753

5 0

3 years ago

Helen spent the last 85 days of 2020 in a nursing home. The cost of the services provided to her was $27,625 ($325 per day). Med

Vsevolod [243]

Answer:

Amount included in gross income of Helen is $0.

Hence, There will be no effect upon the gross income of Helen.

Explanation:

Data Given:

Number of Days Helen Spent = 85 days

Cost of the services = $27,625

Medicare Paid = $8400

Benefits received = $15440

Assumption: Federal Daily Excludible amount = $380

Solution:

Daily Statutory amount = Daily Excludible amount x number days spent

Daily Statutory amount = $380 x 85 days

Daily Statutory amount = $32300

We know that,

Amount of Medicare Paid = $8400

So, now we need to calculate the amount of exclusion first.

1. Amount of Exclusion = cost of the services - Medicare paid

Amount of Exclusion = $27625 - $8400 = $19225

So, now we calculate the amount included into the gross income of Helen.

2. Amount included in gross income = Benefits Received - Amount of Exclusion

Amount included in gross income = $15440 - $19225

Amount included in gross income = -$3785

Here, we will not cater the negative, which means that amount included in gross income of Helen is $0.

Hence, There will be no effect upon the gross income of Helen.

5 0

3 years ago

Cason is filing as single and has 2019 taxable income of $36,000 which includes $34,000 0%/ 15 % / 20% net long-term MID capital

AleksandrR [38]

Answer:

The correct answer of this question is b-200$.

Explanation:

As per tax schedule if income from capital gain is less than 39,375$ 0% tax is charge lieved.

So on his income from capital gain that is 34,000 dollars no tax will be charge. However the remaining income is subject to income tax that is (36000-34000)= 2000 dollars. So Cason is liable to pay tax equals to 200$. (2000*10%)

As per tax law whose income is less than 9,750 dolars is liable to pay tax at the rate of 10%.

5 0

3 years ago

Computing Income Taxes

Anastaziya [24]

Answer:

The corporation's tax liability is $ 228,820.

Explanation:

To calculate tax liability we first have to find net profit. Detail calculation is given below.

Net profit Calculation

Sales $ 3,130,000

cost of goods sold and the operating expenses ($ 2,080,000)

Interest expense ( $ 377,000)

Net profit $ 673,000

Tax liability Calculation

Income fall under Tax bracket of 34% ($75,001 to $10,000,0000 for corporate tax. No additional surtax will be charged as income do not fall under its net.

Tax liabilty = 673,000 * 34% = $ 228,820

5 0

3 years ago