Answer:
d. $1,650
Explanation:
The unreimbursed business expense are cash expenditures make by the employee which related to their job and aren't payback from the business
Charles unreimbursed expenses:
Entertainment $ 1,100
Transportation $ 700
Education $ 400
The IRS only allows for meals and entertainment a person a deduction up to 50%:
1,100 x 50% = 550
This make the total amount deductible for: 700 + 400 + 550 = 1,650
Answer:
II) "As the cost of producing eggs rises, the supply of eggs will tend to fall."
Explanation:
The term supply refers to the quantities of a product that firms are willing to sell at the market price at a specific price or at different prices. Several factors, such as demand, cost of inputs, competition, among others, may influence the supply. As per the law of supply, everything else remaining constant, suppliers will be to sell more at higher prices.
Statement 11 describes supply better that statement 1. In statement 11, an increase in the cost of producing eggs decreases the profit realized from the sale of eggs. When the production of eggs is costly, suppliers may not have the resources to produce them in bulk. The statement recognizes that supply is influenced by demand. An increase in cost will force the suppliers to raise prices, which may lead to reduced demand.
Statement 1 asserts that an increase in price will lead to an increase in price. If the increase in price is a result of an increase in the cost of inputs, then suppliers may not increase the supply. An increase in price, followed by an increase in supply, will result in a market surplus. An increase in prices causes a decline in demand.
Answer:
See below
Explanation:
The percentage allocated to each socially responsible action
1. pollution control
Pollution control has been allocated is $37,000
As a percentage
= $37,000/$750,000 x 100
=0.0493333 x 100
=4.933%
2. Community project
community project has been allocated $22,500
As a percentage
= 22,500/750,000 x 100
=0.03 x 100
=3%
3. Employee fitness
The amount allocated to employee fitness is $7500
As a percentage
=$7500/$750,000 x 100
=0/01 x 100
=1%
4. The total amount spent is
=, $37,000 +$22,500 +$7,500.
=$67,000
Answer:C
Explanation:The theory believes that because people make decisions based on the available information at hand combined with their past experiences, most of the time their decisions will be correct.
Answer:
average production cost = $10.5
Explanation:
DM 31,750
DL 18,500
MO 7,500
Total production cost: 57,750
S&A 8,500
produced unts 5,500
average production cost 57,750 / 5,500 = 10.5 per unit