Please it is pyscology questions please help me with this

Compute 2018 taxable income in each of the following independent situations.

KATRIN_1 [288]

Answer:

a. Drew and Meg are married and filing a married joint return. The standard deduction of a married joint return is $24,400 but it is lower

AGI $125,000

Less: Itemized deduction $27,000

Taxable income $98,000

b. Sybil's filing status is head of household. The Standard deduction for head of household is $18,000 in 2018 which is higher than itemized deductions of $8,000.

AGI $80,000

Less: Itemized deduction $18,000

Taxable income $62,000

c. Scott is a surviving spouse. The standard deduction will be equal to that of married filling joint return which is $24,400

AGI $75,000

Less: Itemized deduction $24,400

Taxable income $50,600

d. Amelia is an abandoned spouse. She can file as head of household. The standard deduction for the year 2018 is $18,000 which is higher than itemized deductions of $10,650.

AGI $58,000

Less: Itemized deduction $18,000

Taxable income $40,000

e. Dale is divorced and filing status is head of household. The standard deduction for the year 2018 is $18,000 which is higher than itemized deductions of $9,900

AGI $64,000

Less: Itemized deduction $18,000

Taxable income $46,000

5 0

2 years ago

The cost of materials transferred into the Rolling Department of Keystone Steel Company is $510,000 from the Casting Department.

Valentin [98]

Answer:

Part a

Debit : Work in Process - Rolling Department $510,000

Credit : Work in Process - Casting Department $510,000

Part b

Debit : Work in Process - Overheads $54,700

Debit : Work in Process - Direct labor $26,500

Credit : Accounts Payable $81,200

Part c

Debit : Finished Goods Inventory $553,200

Credit : Work in Process - Rolling Department $553,200

Part d

Debit : Finished Goods Inventory $553,200

Credit : Work in Process - Rolling Department $553,200

Part e

$18200 credit

Explanation:

Ending Balance = Opening Balance + Additions - Transfers out

therefore,

Rolling Department balance = $25,000 + $510,000 - $553,200

= ($18200)

Also see journal prepared above.

8 0

2 years ago

According to the principles of scientific management, the best way to improve productivity is to.

snow_lady [41]

Answer:

here is ur answer

Explanation:

According to the principles of scientific management, the best way to improve productivity is to: use time-motion studies to find the best method of doing each job, then teach those methods to employees

6 0

1 year ago

Charmagne, a mid-level manager at Propel Marketing Services, dreads December when performance reviews are due. She believes that

Over [174]

Answer:

(A) she's not consistent in her approach

Explanation:

Charmagne is not consistent in her aproach because she thinks that employees should do what is expected all year long but her evaluations are based on the most recent three month's performance. Her actions impact the overall system because she is only considering the most recent months and not the whole period and that can make a difference because taking just a small sample can make things look different from reality specially when talking about the performance of an employee. For example, a mistake that happened in the last three months can make a good employee look bad and several mistakes someone made in the months that are not considered can make a bad employee look good.

3 0

3 years ago

A consumer is attempting to maximize utility in her consumption of Goods A and B. If her income and the price of Good A do not c

ycow [4]

Answer:

In this section, we are going to take a closer look at what is behind the demand curve and the behavior of consumers. How does a consumer decide to spend his/her income on the many different things that he/she wants, i.e., food, clothing, housing, entertainment? We assume that the goal of the consumer is to maximize his/her level of satisfaction or joy, constrained by his/her income.

Economists use the term utility as a measure of satisfaction, joy, or happiness. How much satisfaction does a person gain from eating a pizza or watching a movie? Measuring utility is based solely on the preferences of the individual and has nothing to do with the price of the good. Let’s do an experiment in utility.

Step 01: Get some of your favorite candy, pastries, or cookies.

Step 02: Take a bite and evaluate, on a scale from 0 to 100 (with 100 being the greatest utility), the level of utility from that bite. Record the marginal utility of that bite (i.e., how much you get from that one additional bite).

Step 03: Repeat step 02. It is important to be consistent with each unit consumed, i.e., the same size and no drinking milk or water part way though. When you run out of candy or your marginal utility goes to zero you can stop.

Law of Diminishing Marginal Utility

5 0

2 years ago

Please it is pyscology questions please help me with this​

Please it is pyscology questions please help me with this