Answer:
B. 20,000
Explanation:
Standard Variable overhead rate = $6 per units / 2 direct labour hour
Standard Variable overhead rate = $3 per hour
Variable Overhead Spending Variance = Actual hours worked * (Actual overhead rate - Standard overhead rate)
Variable overhead spending variance = 160,000 * (3.125 -3)
Variable overhead spending variance = 160000*0.875
Variable overhead spending variance = 20,000
Answer: $438
Explanation:
Antoine's tax basis in the stock received in the exchange will be gotten as the adjusted basis of asset exchanged which will then be decreased by the liability assumed on the property that's transfered. This will be:
= $535 - $97
= $438
Therefore, Antoine's tax basis in the stock received in the exchange is $438.
Answer:
Variable Costing Income Statement
Sales Revenue = 60,450 X $120 = $7,254,000
Less: Variable Cost
Reg, records, marketing = $275 X 4,500 = $1,237,500
Instructional cost = $64 X 60,450 = $3,868,800
Contribution Margin = $2,147,700
Less:
Fixed Cost
Depreciation $825,600
Net Operating Income = $$1,322,100
Determining whether employees will be able to adapt to the planned change is organizational feasibility.
It serves to specify a company's corporate and legal structure. An organizational feasibility study may also contain professional background data on the company's founders and key figures, as well as information on the capabilities they can bring to the company. It aids organizations in determining whether the technical resources are adequate and whether the technical team has the skills necessary to turn concepts into functional systems. The assessment of the proposed system's technical requirements, including its hardware, software, and other components, is part of the technical feasibility process.
Learn more about organizational feasibility at brainly.com/question/16835247
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Answer:
a. $103,400
Explanation:
As we know that
Cost of goods sold = Beginning inventory + purchases - ending inventory
And,
Gross profit = Sales revenue - cost of goods sold
Since in the question it is given that
The ending inventory and beginning inventory had been overstated by $11,200 and $6,600 respectively
Since overstatement in the initial inventory raises the cost of the goods sold and decreases by that amount the gross profit & net income
And, overstatement in ending inventory reduced cost of goods sold and raised gross profit & net income by that amount.
So for overstated ending inventory the amount should be deducted and for overstated beginning inventory the condition would be reverse
So, the correct amount is
= incorrect pretax net income + overstatement in beginning inventory - overstatement in ending inventory
= $108,000 + $6,600 - $11,200
= $103,400