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defon
2 years ago
13

Loudon Company has the following unit costs: direct materials $6, direct labor $3, variable overhead $2, fixed overhead $1. Unde

r absorption costing, total unit cost is:
Business
1 answer:
vazorg [7]2 years ago
7 0

Based on the various costs incurred by Loudon Company, the total unit cost under absorption costing is <u>$12.</u>

<h3>What is the total cost?</h3>

Under absorption costing, the fixed costs are ascribed to the units produced as well as the variable costs.

The total unit cost here is therefore:

= Direct materials + Direct labor + Variable overhead + Fixed overhead

= 6 + 3 + 2 + 1

= $12

Find out more on absorption costing at brainly.com/question/6337340.

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choli [55]

Answer:

When a taxpayer has an underpayment of estimated tax or fall behind on his/her tax prepayment, then he/she is required to pay a penalty on Form 2210. This penalty is called underpayment penalty.

According to the tax laws, Mr. P and Ms. S can avoid an underpayment penalty if their withholding's and estimated tax payments equal or exceed one of the following two safe harbors:

  • 90 percent of current tax liability ($200,000 x 90% = $180,000)
  • 110 percent of previous year tax liability (110% x $170,000 = $187,000)

From the above calculation, it is clear that Mr. P and Ms. S's withholding's ($175,000) do not equal or exceed the amount of two safe harbors. So, they need to increase their withholding's or make estimated payments to avoid underpayment penalty.

If Mr. P and Ms. S increase their withholding's by $5,000 or make estimated payments of $1,250

per quarter ($5000/4), they can avoid the underpayment penalty.

Mr. Paula and Simon average gross income is greater than $150,000, so 110% is taken.

7 0
3 years ago
Read 2 more answers
Strategic planning starts with a _____ that reflects a firm’s vision, purpose, and values.
ivann1987 [24]

Strategic planning starts with a mission statement that reflects a firm’s vision, purpose, and values.

Strategic Planning Process: Strategic planning is the process of identifying long-term organizational goals, strategies, and resources, focusing on the horizon more than three years away.

Most large companies rely on one person to evaluate system requirements rather than relying on a system review committee. When assessing the feasibility of a schedule, systems analysts need to consider the trade-off between time and cost.

CRM (Customer Relationship Management) components can provide automated responses to sales inquiries, online order processing, and inventory tracking values.

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5 0
2 years ago
Which of these factors is an advantage to using cash?
larisa86 [58]

Answer:

B no fees or charges

Explanation:

Your welcome

6 0
2 years ago
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What is a minimum balance when it comes to account requirement?
drek231 [11]
The minimum amount of money you may have in an account for said account to be, and stay opened. 
8 0
3 years ago
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Answer: Storming stage

               

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In this stage the performance of team starts declining due to lack of harmony and trust among the members of the team.  In the given case, Roger's team has been facing conflict over the controlling issues ,hence, we can conclude that they are at storming stage of development.

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