<span>Increased Contribution Margin = $40,000 x 70%, or 28,000.
New ad campaign costs $22,000, so the net Income increase will be the difference, $6,000</span>
Answer:
d. $257
Explanation:
Calculation to determine what Franklin's taxable income ($ in millions) is:
Accounting income$280
Add Permanent difference: Fines $10
Less Temporary difference: Depreciation ($33)
($102-$69)
Taxable income $257
Therefore Franklin's taxable income ($ in millions) is:$257
Answer:
- Divorce after 2020 = Alimony is $0
- Divorce before 2020 = Alimony is $12,000
Explanation:
If the divorce occurred before 2020 then the spouse paying the alimony can deduct it from their taxes and the person receiving it has to include it in their income. If the divorce of Jake and his spouse was before 2020, he will be able to include the full $12,000 as a deduction.
In 2020, new regulation came into effect that meant that couples divorcing from thence will not be able to deduct alimony so Jake's deduction would be $0 if they divorced in 2020 and onwards.
Answer:
Target.
Explanation:
Identifying your target market is essential for business success. This is a complex task that requires organizations to strive to conduct research, collect relevant data and information and then define which consumer group is aligned with their strategy and positioning.
The target market of a company can be defined as the group of consumers with characteristics in common that are more susceptible to consuming the products and services of a company. Therefore, the strategic and marketing actions of a company must be focused on meeting the desires and needs of the target audience, directing advertising, product benefits, relationships, and all the variables that will assist in customizing a service more focused on benefit your target market and then create value and brand positioning in the market.
Answer:
6,600 hours
Explanation:
For computing the standard hours allowed, first we have to compute the hours per unit which is shown below:
Hours per unit = Produced direct labor-hours ÷ Number of units produced
= 8,000 ÷ 2,000 units
= 4
And, the 1,650 units were produced
So, the standard hours allowed would be
= 1,650 units × 4
= 6,600 hours