Answer:
Not really, too much stress imo
Explanation:
Answer:
110,000 units
Explanation:
<u>Calculation of the equivalent units of production for materials in June</u>
Beginning work in process 20,000
Units started and completed (90,000-10,000) 80,000
Ending work in process <u>10,000</u>
Equivalent units of production for materials for June <u>110,000</u> units
Answer: $107,500
Explanation:
There is an "Exclusion of gain on sale of home" provision by the IRS that allows for a single tax payer to exclude up to $250,000 from the sale of their primary home. A home qualifies as primary if the owner has lived in it for 2 years or more so Steve's home here is a primary home.
The gain he received was:
= 705,000 - 347,500
= $357,500
From this gain, $250,000 can be excluded so total gain recognized:
= 357,500 - 250,000
= $107,500
Answer:
1350
Explanation:
(300 x 0.70) + (300 x 0.80) + (300 x 26)
= 210+240+7800
=8250
8250- (300 x 23)
8250-6900 = $1350
Therefore his total return for this investment is 1350
