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2 years ago

Taxes on the purchase of specific items such as gasoline, cigarettes, or alcoholic beverages are called _____ taxes.

Business

1 answer:

marishachu [46]2 years ago

7 0

Answer:

Taxes on the purchase of specific items such as gasoline, cigarettes, or alcoholic beverages are called excise taxes.

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Which of the following taxpayers may not use the standard mileage method of calculating transportation costs? a. A self-employed

frozen [14]

Answer:

The correct answer is (E)

Explanation:

A standard method of calculating transportation cost is used to maintain equality among organisations. This method is applied to all the workers and government employees, but it has some rules and regulations. If an employee for example attorney is using his vehicle for calling on clients is fine as long as the car average fuel consumption is standard. For example, if an attorney used his Tesla for calling on clients is not a standard way which is why transportation cost will not be calculated by the standard mileage method.

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3 years ago

Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m

loris [4]

Answer:

The overhead for the year was $130,075

Explanation:

GIVEN INFORMATION -

ESTIMATED ACTUAL

Manufacturing overhead $132,440 $128,600

Machine hours 2800 2750

Here for calculating the overhead for the year we will use the following formula =

\frac{Estimated Manufacturing Overhead}{Estiamted Machine Hours}\times Actual Machine Hours

= \frac{\$132,440}{2800}\times 2750

\$47.3\times 2750 = \$130,075

Therefore the overhead for the year was $130,075

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3 years ago

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A white man places a rental property he owns on craigslist to rent it out for the next year. he receives two very promising appl

julia-pushkina [17]

This is an example of racisim/ predjudice/colorisim or discriminatiom

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3 years ago

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The ACogs-153 company has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 24,0

meriva

Answer:

$209,000

Explanation:

Schedule of Cost of goods manufactured

Particulars Amount

Direct materials $64,000

Direct labor cost $94,000

Manuf. overhead cost applied to WIP $68,000

Total manufacturing costs $226,000

Add: WIP Inventory, Beginning $24,000

Less: WIP Inventory, Ending $19,000

Cost of goods manufactured $231,000

Add: Beginning Finished goods $53,000

Less: Ending Finished goods $57,000

Unadjusted cost of goods sold $207,000

Add: Underapplied manuf. overhead $2,000 ($70,000-$68,000)

Adjusted cost of goods sold $209,000

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2 years ago

All of the following are TRUE about child abuse EXCEPT:

Simora [160]

They don't need child abuse!!

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3 years ago

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