Accounting profit = total revenue - explicit cost
Total revenue = 1000 * 30 * 15 = 450,000
Explicit cost = 150,000
<span>Accounting profit = 450,000 – 150,000 = 300,000</span>
<span>
</span>
<span>therefore, The economic profit for the month is 300,000</span>
Troubleshooting means finding and fixing a problem ,hope this helps
Answer:
Schedule E of Form 706
Explanation:
Form 706 is filed by the executor to compute the estate of the deceases and to compute generation skipping taxes. Schedule E of form 706 is filled to estimate taxes due on jointly held property by the deceased and the survivor. The survivor could be spouse or any other family member who have joined tenancy. If property is held in joint tenancy with spouse, then full amount of fair market value of asset is reported.
If property is held in joint tenancy with some other family member, then decedent's share of fair market value of the property is reported and proportion of the amount the member has contributed against the right to hold joint tenancy.
Here, decedent and her brother jointly owned 300 shares. So, this should be reported in Schedule E of form 706
Answer:
Explanation:
List Price $34,000
Discount($34,000*5%) (1,700)
Transpiration $550
Sales Tax $1,360
Installation Cost $450
Total Cost of Machine $34,660
Please note that maintenance cost is revenue expense therefore excluded from cost of machine.
Answer:
It uses data entered in certain cells to calculate values for other cells.
Explanation: