Tax rates refer to the percentage of income that is taxed, whereas tax revenues refer to the dollars collected by the government in taxes.
Answer:
$71,910
Explanation:
The computation of the total amount of the product cost for 4,700 units is shown below:
= ( Direct materials per unit + Direct labor per unit + Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit) × making units
= ($6.10 + $3.60 + $1.70 + $3.90) × 4,700 units
= $71,910
We simply considered the direct material, direct labor, variable manufacturing overhead, and the fixed manufacturing overhead as it comes under the product cost
Answer:<em> False</em>
Explanation:
The statement given in the question is false.
The correct statement is given as, "For risk episodes moderately within project horizon, resolution planning and strategies include working with clients to re-prioritize cost, itinerary, opportunity or quality and therefore precisely heightens problems."
A change from straight-line depreciation to double-declining-balance depreciation would be reported as a restatement of the prior period statements only.
The term depreciation refers to an accounting technique used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.
Depreciation expense is apportioned to charge a reasonable portion of the depreciation amount for each accounting period over the expected useful life of the asset. Depreciation includes the depreciation of assets with a predetermined useful life.
Learn more about depreciation here:brainly.com/question/1203926
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Answer:
The price of this car=$13,015.925
Explanation:
Given data:
Amount each year=$2,500
Time period=7 years
interest rate=8%
Required:
The price of this car=?
Solution:
The Formula we are going to use is:
Where:
PV is the price of car i.e present value
A is the payment made each year
n is the time period in which payments are paid
r is the interest rate
A=$2,500, r=8%=0.08, n=7
The price of this car=$13,015.925
