Answer:
$80,000
Explanation:
The computation of allocation labeling expenses is shown below:-
Overhead rate = Labeling process cost ÷ Labels generated
$320,000 ÷ $640,000
= $0.5 per label
Allocation labeling expenses = Wine estimated bottles × Overhead rate
= $160,000 × $0.5
= $80,000
Therefore for computing the allocation labeling expenses we simply applied the above formula.
Answer:
a capital gains tax (CGT) is a tax on the profit realized on the sale of a non inventory asset . The most common capital gains are realized from the sale of stocks,bonds,precious metals , real estate , and property
The amount of the surplus that is worthless to buyers and sellers but becomes tax income may be transferred to someone else through public policies, but it is not lost.
More about public policies:
The majority of the time, a government's established policies, laws, and behaviours make up its public policy. Concern over the new structure of government calls attention to how frequently state agencies now carry out these functions rather than the state itself.
By endorsing politicians and political parties, several individuals and organisations attempt to have an impact on public policy through the political process.
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