Answer and Explanation:
The computation is shown below;
1. The depletion expense for the year 2021 is as follows;
= $4,500,000 ÷ 900,000 tons × 240,000 tons
= $1,200,000
2. Yes the depletion would be the part of the product cost and the same would be involved in the inventory cost as it is to be shown under the cost of goods sold when the income statement is prepared
Which one has the objective of "long-term financial success"?
A. Plotting
B. Spending
C. Saving
D. Investing
Answer:
C saving
MARK ME BRAINLIEST THANKS MY ANSWER PLEASE
The following data refer to Brompton Company’s ending inventory:
Item Code
Quantity
Unit Cost
Unit NRV
Small
100
$250
$246
Medium
400
150
145
Large
600
170
162
Extra-Large
250
265
270
What is the ending inventory balance if the lower of cost or net realizable value rule is applied to each item of inventory?
Answer:
Unit cost
Explanation:
They ending inventory
ABC Corporation is considering the purchase of a machine that would cost $220,000 and would last for 9 years. At the end of 9 years, the machine would have a salvage value of $20,500. By reducing labor and other operating costs, the machine would provide annual cost savings of $35,000. The company requires a minimum pretax return of 9% on all investment projects. (Ignore income taxes.) Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the proposed project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.)
a. $(745)
b. $(95,000)
c. $(16,092)
d. $9,665
Answer:
a. $(745)
Explanation:
The computation of the net present value is shown below;
As we know that
Net present value = Present value of Cash inflow - Present value of Cash outflow
= ($35,000 × 5.995+ $20,500 × 0.46) - $220,000
= -$745
We simply deduct the cash outflow present value from the cash inflow present value so that the net present value could come
hence, the option a is correct
The profits of the follower in a Stackelberg duopoly a. are less than those of the leader. b. equal those of the leader. c. are greater than those of the leader. d. all the statements associated with this question are correct.
Answer: a. are less than those of the leader.
Explanation:
The Stackelberg leadership model simoky refers to a strategic game whereby the leader firm will make the first moves before the follower firms will later move.
While the firms make their moves during the same time in Cournot duopoly, in Stackelberg duopoly, the leader moves first and hence the profit of the leader are greater than the profit of the follower.
Therefore, the correct option is A
Heuser Industries recently projected the following data (in thousands) for a coming year. The dividend payout is expected to be 40% of net income. What is the dollar amount of expected dividends (in thousands)
Answer:
$84.00
Explanation:
Note that the below projected income statement is missing from the question:
Sales $ 6,000.00
Operating costs $ 4,900.00
EBITDA $ 1,100.00
Depreciation $ 500.00
EBIT $ 600.00
Interest $ 250.00
EBT $ 350.00
Taxes (40%) $ 140.00
Net income $ 210.00
Also, it should be noted that dividends are paid out of the net income such that the balance of the net earnings after payment of dividends is added to the balance of the retained earnings
Dividends=dividend payout ratio*net income
projected net income=$210.00
dividend payout ratio=40%
Dividends=40%*$210.00
Dividends=$84.00
Perform a horizontal analysis providing both the amount and percentage change. (Round Percentage answers to 1 decimal place. Decreases should be indicated by a minus sign.)
Year
2021 2020
Cash $322,960 $880,000
Accounts receivable 702,240 280,000
Inventory 897,780 780,000
Long-term assets 3,536,680 2,380,000
Total assets $5,459,660 $4,320,000
Answer:
Find attached
Explanation:
Horizontal or trend analysis involves is a financial statement analysis technique that shows the percentage change or dollar change in a corresponding financial statement's item.
For example, the change in the fixed assets by a way of increase or decrease compared to last year's financial statements.
Formula:
change in a particular line item=(current year amount/previous year)-1
A checking deposit functions as a.a medium of exchange and as a store of value. b.a store of value, but not as a medium of exchange. c.a medium of exchange, but not as a store of value. d.neither a medium of exchange nor as a store of value.
Answer:
a.a medium of exchange and as a store of value.
Explanation:
The checking account would be used in order to kept the money also it is used to buy the goods and services via online banking or writing the check
So as per the given situtation, the function of the checking deposit would be treated as the medium of exchange and the store of the value. Both should be considered
hence, the correct option is a.
Which organization compiles data on individuals and businesses to report on their credit?
TransUnion
The Bureau of Consumer Protection
The National Credit Union Administration
Vantage Scores
Answer:
Option A
Explanation:
There are primarily three credit bureaus to which the Lenders go namely -
a) TransUnion
b) Equifax
c) Experian
These three agencies are interested in reviewing credit reports before lending any financial aid.
Hence, option A is correct
Answer:
TransUnion
Explanation:
This year Randy paid $29,800 of interest on his residence. (Randy borrowed $474,000 to buy his residence, and it is currently worth $524,000.) Randy also paid $3,100 of interest on his car loan and $5,100 of margin interest to his stockbroker (investment interest expense). How much of this interest expense can Randy deduct as an itemized deduction under the following circumstances
Answer:
Randy can deduct $33,900 interest expense as an itemized deduction.
Explanation:
a) Data and Calculations:
Mortgage interest on residence = $29,800
Mortgage loan = $74,000
Current price of house = $524,000
Car loan interest = $3,100
Investment (margin) interest = $4,100
Deductible interest expenses:
Mortgage interest on residence = $29,800
Investment (margin) interest = 4,100
Total deductible interest = $33,900
b) The car loan interest that Randy incurred is not tax-deductible unless the car is used for his business. Otherwise, only the portion used for business is deductible. It is assumed that the car loan interest was incurred for private use and not business use. Therefore, it is not deductible.
This is nearly double the proposed US contribution to which of the following?
A
Kyoto Protocol
B
London Accords
C
Paris Agreement
D
Geneva Convention
Answer: C . Paris Agreement
Explanation:
You included no background passage or additional details to the question for me to know what contribution you speak of but the above is most probably the answer.
The U.S. never ratified the Kyoto Protocol so I don't think they had contribution requirements. The London Accords produces research for financial investors so has little to do with the U.S. as a whole.
The Geneva Convention is simply an agreement on conduct during wars so this does not require contributions. This leaves the Paris Agreement ... on Climate Change which has set targets on the emissions to be cut by developed countries so it is most likely the answer.
Microsoft sells two types of office software, a word processor it calls Word, and a spreadsheet it calls excel. Both can be produced at zero marginal cost. There are two types of consumers for these products, who exist in roughly equal proportions in the population: authors, who are willing to pay $120 for Word and $40 for excel, and economists who are willing to pay $50 for word and $150 for excel.
a. Ideally, Microsoft would like to charge authors more for Word and economists more for excel. Why would it be more difficult for microsoft to do this?
b. Suppose that Microsoft execs decide to sell word and Excel Seperately, what price should Microsoft set for word? (Hint: is it better to sell only to authors, or try to sell to both authors and economists?) What price should Microsoft set for excel? What will microsoft's profit be from a representative group of one author and one economist?
c. Suppose the Microsoft decides to bundle together Word and Excel in a package called Office, and not offer them individually. What price should Microsoft set for the package? Why? How much profit will Microsoft generate from a representative group of one author and one economist?
d. Does bundling allow Microsoft to generate higher profit than selling Word and Excel seperately?
Answer:
a
Explanation:
Blues Inc. manufactures jeans in the cutting and sewing process. Jeans are manufactured in 40-jean batch sizes. The cutting time is 5 minutes per jean. The sewing time is 20 minutes per jean. It takes 2 minutes to move a batch of jeans from cutting to sewing.
a. Compute the value-added, non-value-added, and total lead time of this process. Value-added lead time minutes Non-value-added lead time minutes Total lead time minutes
b. Compute the value-added ratio. Round to one decimal place. %
Answer:
1. Value added time = Cutting + Sewing time
Value added time = 5 min + 20 min
Value added time = 25 minutes
Non-value added time = Total within batch wait time + Move time
Non-value added time = (25 minutes*(40-1)) + 2 minutes
Non-value added time = 977 minutes
Total lead time = Value added time + Non-value added time
Total lead time = 25 minutes + 977 minutes
Total lead time = 1,002 minutes
2. Value added ratio = Value added time / Total lead time
Value added ratio = 25 minutes / 1,002 minutes
Value added ratio = 0.02495
Value added ratio = 2.5%
Taggart informs Anderson that the satellite television system Anderson installed does not include the PAC-12 network that was promised under their contract and thus disputes the $1000 per the contract he (Taggart) is supposed to pay. Anderson agrees to accept $800 and Taggart is pleased. If Taggart does not pay the $800 Anderson may sue Taggart for $1000.
A. True
B. False
Answer:
False
Explanation:
The contract was renegotiated and the new consideration is now $800, not $1,000. Assuming that one party breaches the contract, the other party can sue for the value of the contract. In this case, if Taggart does not pay Anderson, Anderson may sue for $800. That number will probably increase due to associate costs and other damages, but the original breach was for $800.
On May 8, Dome filed a financing statement that adequately identified the collateral. On June 9, Tint sold one computer to Bean for personal use and four computers to Green Co. for its business. Which of the following is correct?
A. The computer sold to Bean will riot be subject to Dome's security interest
B The computers sold to Green will be subject to Dome's security interest
C. The security interest cloes rnot include the prioceeds from the sale of the.computers to Green
D. The security interest muy not cover after-acquired property evenif the parties agree 2 pts
Answer: A. The computer sold to Bean will not be subject to Dome's security interest
Explanation:
The computers sold to Bean have passed ownership from Tint to Bean and so cannot be subject to whatever agreements Tint had with Dome Bank because those agreements were contingent on Tint owning the computers.
For instance, if you buy a car from a dealership which had acquired those cars by using loans from a bank, you are not liable to pay the interest on the loan that the dealership took to buy the car.
Parth and Brittany have been your best friends since grade school. You have decided to quit your respective jobs and start up a bakery together since you all love cupcakes. Parth insists he wants to start the business as a partnership. Amber says that she wants to start the business as a corporation. You want to weigh in and give your opinion as to the best form of business. 1. What are the options for business form
Answer: Business as a partnership and business as a corporation
Explanation: they are both types of business or jobs that can be done by anyone. a partnership is when two people help each in one business, but if you are talking about corporation is more people than to friend that want to start a business
Prepare journal entries to record each of the following four separate issuances of stock.
a. A corporation issued 8,000 shares of $5 par value common stock for $48,000 cash.
b. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has a $1 per share stated value.
c. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has no stated value.
d. A corporation issued 2,000 shares of $75 par value preferred stock for $190,000 cash.
Answer:
subject?
Explanation:
Oceania is a small open economy. Suppose that a large number of foreign countries begin to subsidize investment by instituting an investment tax credit (while adjusting other taxes to hold their tax revenue constant), but Oceania does not institute such an investment subsidy.
a. What happens to world investment demand as a function of the world interest rate?
b. What happens to the world interest rate?
c. What happens to investment in Oceania?
d. What happens to Oceania
For a particular maximization problem, the payoff for the best decision alternative is $15.7 million while the payoff for one of the other alternatives is $12.9 million. The regret associated with the alternate decision would be
Answer: $2.8million
Explanation:
The regret associated with the alternate decision would be calculated as the difference between the payoff for the best decision alternative which is $15.7 million and the payoff for one of the other alternatives which is $12.9 million. This will be:
= $15.7million - $12.9million
= $2.8million
The regret associated with the alternate decision is $2.8million.
Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes. Example M1 M2 Eileen has $7,000 in a two-year certificate of deposit (CD). Clancy has $25,000 in a money market account. Alex has $1,200 in a checking account.
Answer and Explanation:
The classification is as follows;
The first two examples comes in only M2 i.e. Eileen example and Clancy example as M1 denotes M1 + liquid assets
while on the other hand, the third example comes in M1 and M2 i..e Alex example as M1 denotes thenotes, coins & checking deposits and M2 described above
Hence, in this way it should be belong
On December 31, 2020, Brisbane Company had 100,000 shares of common stock outstanding and 30,000 shares of 7%, $50 par, cumulative preferred stock outstanding. On February 28, 2021, Brisbane purchased 24,000 shares of common stock on the open market as treasury stock paying $40 per share. Brisbane sold 6,000 treasury shares on September 30, 2021, for $45 per share. Net income for 2021 was $180,905. Also outstanding during the year were fully vested incentive stock options giving key officers the option to buy 50,000 common shares at $40. The market price of the common shares averaged $50 during 2021.
Required:
Compute Brisbane's basic and diluted earnings per share for 2021.
Answer:
Brisbane Company
1. Brisbane's basic earnings per share for 2021 is:
= $0.93.
2. Brisbane's diluted earnings per share for 2021 is:
= $0.58.
Explanation:
a) Data and Calculations:
December 31, 2020:
Common stock outstanding = 100,000
7%, $50 par, Cumulative preferred stock = 30,000
Treasury stock on February 28 = 24,000
Resale of treasury stock on Sept 30 = 6,000
December 31, 2020:
Common stock outstanding = 82,000 (100,000 - 24,000 + 6,000)
Net income for 2021 = $180,905
Preferred stock dividends = $105,000 (30,000 * $50 * 7%)
Earnings for common stockholders = $75,905 ($180,905 - $105,000)
Stock options for key officers = 50,000
Basic earnings per share = $75,905/82,000 = $0.93
Diluted earnings per share = $75,905/(82,000 + 50,000) = $0.58
Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock, $5 par value. During the first year, the company earned $400,000 of net income, declared no dividends, and the following selected transactions occurred in the order given: Issued 100,000 shares of the common stock at $55 cash per share. Reacquired 25,000 shares at $50 cash per share. Reissued 10,000 shares from treasury for $51 per share. Reissued 10,000 shares from treasury for $49 per share.
a. Issued 100,000 shares of the common stock at $55 cash per share.
b. Reacquired 25,000 shares at $50 cash per share.
c. Reissued 10,000 shares from treasury for $51 per share.
d. Reissued 10,000 shares from treasury for $49 per share.
Required:
a. Indicate the account and amount for the above transactions.
b. Prepare journal entries to record each transaction.
c. Prepare the stockholders equity section of the balance sheet at December 31, 2013.
Answer:
Global Marine
a. Indication of the accounts and amounts for each transaction:
a. Cash $5,500,000 Common stock $500,000 Additional Paid-in Capital $5,000,000
b. Treasury stock $125,000 Additional Paid-in Capital $1,125,000 Cash $1,250,000
c. Cash $510,000 Treasury stock $50,000 Additional Paid-in Capital $460,000
d. Cash $490,000 Treasury stock $50,000 Additional Paid-in Capital $440,000
b. Journal Entries:
a. Debit Cash $5,500,000
Credit Common stock $500,000
Credit Additional Paid-in Capital $5,000,000
To record the issuance of 100,000 shares of the common stock at $55 cash per share.
b. Debit Treasury stock $125,000
Debit Additional Paid-in Capital $1,125,000
Credit Cash $1,250,000
To record the repurchase of 25,000 shares at $50 cash per share.
c. Debit Cash $510,000
Credit Treasury stock $50,000
Credit Additional Paid-in Capital $460,000
To record the re-issuance of 10,000 shares from treasury for $51 per share.
d. Debit Cash $490,000
Credit Treasury stock $50,000
Credit Additional Paid-in Capital $440,000
To record the re-issuance of 10,000 shares from treasury for $49 per share.
Explanation:
a) Data and Calculations:
Authorized common stock shares, 1,000,000 at $5 par value
Net income earned during the year = $400,000
Selected transactions:
a. Cash $5,500,000 Common stock $500,000 Additional Paid-in Capital $5,000,000
100,000 shares of the common stock at $55 cash per share.
b. Treasury stock $125,000 Additional Paid-in Capital $1,125,000 Cash $1,250,000
25,000 shares at $50 cash per share.
c. Cash $510,000 Treasury stock $50,000 Additional Paid-in Capital $460,000
10,000 shares from treasury for $51 per share.
d. Cash $490,000 Treasury stock $50,000 Additional Paid-in Capital $440,000
10,000 shares from treasury for $49 per share.
STEP 1: After reviewing the chapters in the module, propose how a U.S. company is applying an Integrated Marketing Communications strategy to deliver its message. Describe which channels the company is using, and how the channels are integrated. Your proposal must include at least one advertisement and one public relations example, with discussion of their objectives and message. Examples already discussed in the text are not acceptable.
Answer:
us
Explanation:
STEP 1: After reviewing the chapters in the module, propose how a U.S. company is applying an Integrated Marketing Communications strategy to deliver its message. Describe which channels the company is using, and how the channels are integrated. Your proposal must include at least one advertisement and one public relations example, with discussion of their objectives and message. Examples already discussed in the text are not acceptable.
market:blue Jean market . event :the dye in blue jeans is proven not fade easily .Name the market
DontBuyFromUs
Witt Corporation received its charter during January of this year. The charter authorized the following stock:
Preferred stock: 10 percent, $10 par value, 21,000 shares authorized
Common stock: $8 par value, 50,000 shares authorized
During the year, the following transactions occurred in the order given:
a. Issued a total of 40,000 shares of the common stock at $12 cash per share
b. Sold 5,500 shares of the preferred stock at $16 cash per share
c. Sold 3,000 shares of the common stock at $15 cash per share and 1,000 shares of the preferred stock at $26 cash per share
d. Net income for the year was $96,000
Required:
Prepare the Stockholders' Equity section of the balance sheet at December 31, 2011.
Answer:
Stockholders' Equity = $735,000
Explanation:
This can be prepared as follows:
Witt Corporation
Stockholders' Equity Section of the Balance Sheet
At December 31, 2011
Details Amount ($)
Common stock (w.1) 344,000
Preferred stock (w.2) 65,000
Additional paid in capital - Common stock (w.3) 181,000
Additional paid in capital - Preferred stock (w.4) 49,000
Net income 96,000
Stockholders' Equity 735,000
Workings:
w.1. Common stock = (Number of common shares issued in transaction a + Number of common shares issued in transaction c) * Par value of common stock = (40,000 + 3,000) * $8 = $344,000
w.2. Preferred stock = (Number of preferred shares issued in transaction b + Number of preferred shares sold in transaction c) * Par value of preferred stock = (5,500 + 1,000) * $10 = $65,000
w.3. Additional paid in capital - Common stock = (Number of common shares issued in transaction a * (Selling price per share of the transaction - Par value of common stock)) + (Number of common shares issued in transaction c * (Selling price per share of the transaction - Par value of common stock)) = (40,000 * ($12 - $8)) + (3,000 * ($15 - $8)) = $181,000
w.4. Additional paid in capital - Preferred stock = (Number of preferred shares issued in transaction b * (Selling price per share of the transaction - Par value of preferred stock)) + (Number of preferred shares issued in transaction c * (Selling price per share of the transaction - Par value of preferred stock)) = (5,500 * ($16 - $10)) + (1,000 * ($26 - $10)) = $49,000
The preparation of the Stockholders' Equity Section of the Witt Corporation's Balance Sheet as of December 31, 2011, is as follows:
Witt Corporation
Balance Sheet
As of December 31, 2011
Stockholders' Equity Section
Authorized Shares:
21,000 shares, 10% Preferred Stock at $10
50,000 shares, Common Stock at $8
Issued and Outstanding:
Common Stock, 43,000 shares $344,000
Additional Paid-in Capital- Common 181,000
10% Preferred Stock, 6,500 shares 65,000
Additional Paid-in Capital- Preferred 49,000
Retained Income 96,000
Total stockholders' equity $735,000
Data Analysis:
a. Cash $480,000 Common Stock $320,000 Additional Paid-in Capital-Common $160,000
b. Cash $88,000 10% Preferred Stock $55,000 Additional Paid-in Capital- Preferred $33,000
c. Cash $45,000 Common Stock $24,000 Additional Paid-in Capital-Common $21,000
Cash $26,000 10% Preferred Stock $10,000 Additional Paid-in Capital- Preferred $16,000
d. Net income for the year = $96,000
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A business is considering a cash outlay of $250,000 for the purchase of land, which it could lease for $36,000 per year. If alternative investments are available which yield an 18% return, the opportunity cost of the purchase of the land is:
Answer: $45000
Explanation:
The opportunity cost refers to the cost of what an economic entity forgoes when an alternative choice is taken. Based on the information given in the question, the opportunity cost will be the loss on Interest on investment and this will be:
= 18% × $250,000
= 0.18 × $250,000
= $45000
The opportunity cost of the purchase of the land is $45000
What's your real rate of return if your savings account pays 2.5% interest and
inflation is at 1%?
OA. 1.5%
OB. 2.5%.
O c. 3.5%
OD. Can't calculate.
Phishing:_______
a) A con executed using technology, typically targeted at acquiring sensitive information, or tricking someone into installing malicious software.
b) A term that, depending upon the context, may be applied to either, 1) someone who breaks into a computer system, or 2) a particularly clever solution.
c) When someone uncovers computer weaknesses, without exploiting them.
d) When a protester seeks to make a political point by leveraging technology tools, often via system integration, defacement, or damage.
Answer:
a)
Explanation:
Phishing is a type of deception in which an intruder disguises himself in email or other means of communication as a reputable individual or person. Attackers would normally use phishing e-mails to spread a range of malicious links or attachments. Some people will gather login credentials or victims' account details.
So as per above definition only option A seems the correct alternative among al the other option when discussing about Phishing.
A con executed using technology, typically targeted at acquiring sensitive information, or tricking someone into installing malicious software.
Celestial Artistry Company is developing departmental overhead rates based on direct-labor hours for its two production Department. Etching and Finishing. The Etching, Department employs 20 people and the Finishing Department employs 80 people. Each person in these two departments works 2,000hours per year. The production-related overhead costs for the Etching Department are budgeted at $200.000, and the Finishing Department costs are budgeted at $320.000. Two service departments. Maintenance and Computing directly support the two production departments. These service department, have budgeted costs of $48,000 and $250,000 respectively. The production department’s overhead rates cannot be determined until the service department’s costs are allocated. The following schedule reflects the use of the Maintenance Departments and Computing Department’s output by the various departments.
Using Department
Service Department Maintenance Computing Etching Finishing
Maintenance(maintenance hours) 0 1,000 1,000 8,000
Computing (minutes) 240,000 0 840,000 120,000
Required:
1. Use the direct method to allocate service department costs. Calculate the overhead rates per direct labor hour for the Etching Department and the Finishing Department.
2. Use the step–down method to allocate service department costs. Allocate the Computing Department’s costs first. Calculate the overhead rates per direct-labor hour for the Etching Department and the Finishing Department.
Answer:
Celestial Artistry Company
1. Allocation of Service departments costs (direct method):
Service Dept Production Dept.
Maintenance Computing Etching Finishing Total
Overheads $48,000 $250,000 $200,000 $320,000 $818,000
Maintenance (48,000) 5,333 42,667 0
Computing (250,000) 218,750 31,250 0
Total costs $0 $0 $424,083 $393,917 $818,000
Direct labor hours 40,000 160,000
Overhead rate per direct labor hour $10.602 $2.462
2. Allocation of Service departments costs (step-down method):
Service Dept Production Dept.
Maintenance Computing Etching Finishing Total
Overheads $48,000 $250,000 $200,000 $320,000 $818,000
Computing 50,000 (250,000) 175,000 25,000 0
Maintenance (98,000) 0 10,889 87,111 0
Total costs $0 $0 $385,889 $432,111 $818,000
Direct labor hours 40,000 160,000
Overhead rate per direct labor hour $9.647 $2.701
Explanation:
a) Data and Calculations:
Etching Finishing Total
Employees 20 80 100
Direct labor hours per year 2,000 2,000
(per employee)
Total direct labor hours/year 40,000 160,000 200,000
Production-related overhead $200,000 $320,000 $520,000
Service Dept Production Dept.
Maintenance Computing Etching Finishing Total
Overheads $48,000 $250,000 $200,000 $320,000 $818,000
Maintenance
(maintenance hours) 0 1,000 1,000 8,000 10,000
Computing (minutes) 240,000 0 840,000 120,000 1,200,000
Direct Allocation of Service Departments Overheads:
Maintenance Overhead:
Etching = $5,333 ($48,000 * 1,000/9,000)
Finishing = $42,667 ($48,000 * 8,000/9,000)
Computing Overhead:
Etching = $218,750 ($250,000 * 840,000/960,000)
Finishing = $31,250 ($250,000 * 120,000/960,000)
Step-down Allocation of Service Departments Overheads
Computing Overhead:
Maintenance = $50,000 ($250,00 * 240,000/1,200,000)
Etching = $175,000 ($250,00 * 840,000/1,200,000)
Finishing = $25,000 ($250,00 * 120,000/1,200,000)
Maintenance Overhead of $98,000:
Etching = $10,889 ($98,000 * 1,000/9,000)
Finishing = $87,111 ($98,000 * 8,000/9,000)
Type the correct answer in the box. Spell all words correctly.
What is the repercussion of excessive tax withholding?
If you withhold excessive tax, you will receive a
when you file your taxes the following year.
The repercussion of excessive tax withholding is that the tax payable will remain unpaid.
What is excessive tax withholding?A tax withholding means the amount of income tax that employer withholds from its employee's income to the payment of tax in government coffers in the employee's name
In conclusion, the repercussion of excessive tax withholding is that the tax payable will remain unpaid.
Read more about tax withholding
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Answer:
Refund
Explanation:
The IRS states that a refund will happen if this is the case.
Several critics of the drug companies have claimed that the companies' practice of testing drugs on poor people in developing countries violates principles of justice. Why would they say this
Answer:
Because people in developing countries are less educated and don't understand the implications of being used for drug trials
Explanation:
Drug trials are carried out to test new drugs that companies want to introduce to the market.
The drugs are usually first tested on animals and in the final testing phase human trials are used to gauge how the drug will affect people.
In 1980 the FDA gave approval for testing in other countries. A lot of companies now started using developing countries for their drug trials.
This practice violates the principles of justice because the people in developing countries are mostly illiterates that don't the potential risks drug trials have.
The subjects of the trials are usually given some cash to participate in the trials. They consider it easy money.