Tamarisk should report an inventory amount of $252,000 as of December 31. To arrive at this figure, consider the following calculation: Inventory = Stock on hand + goods acquired from Sheffield Corp + goods sold to Wildhorse Co. This gives us the calculation: $190,000 + $29,000 + $33,000 = $252,000. All relevant amounts were taken into account, including considerations for FOB destination and FOB shipping point, which contribute to the physical inventory count.
Answer:
The overall fixed monthly manufacturing expense totals $328,000.
Explanation:
For a production of 4000 units, direct material costs amount to $99.2 per unit, direct labor costs stand at $45.5 per unit, and manufacturing overhead costs equal $94.
For a production of 5000 units, direct materials remain at $99.2 per unit, direct labor is $45.5, and manufacturing overhead costs adjust to $77.6.
Total overhead for 4,000 units
= 
= $376,000
Total overhead for 5,000 units
= 
= $388,000
The variable cost per unit
= 
= $12 per unit
Fixed costs
= Total expenses - Total variable costs
= 
= $328,000
Bond assessment:
<span>Face value = Maturity value = FV = $1,000 </span>
<span>Annual coupon rate = 7.5% </span>
<span>Remaining years to maturity = N = 19 </span>
<span>Required return = I/YR = 5.5% </span>
<span>(Coupon rate)(Face value) = PMT = $75 </span>
<span>Present value = $1,232.15</span>
Response:
The total amount subject to tax will come to $7000
Thus option (d) would be the correct choice
Clarification:
According to IRS regulations, benefits received under a disability policy are fully taxable only if
The employee pays premiums on the policy entirely with pre tax dollars
In this instance, the premium was paid by the employee herself and is assumed to have been with pre tax dollars, thus it is fully taxable i.e 6500$
Consequently, the $500 sick pay from the welfare fund is categorized as earned income and is therefore fully taxable.
Thus the total taxable income amounts to $6500 + $500 = $7000
Consequently, option (d) will be the correct answer
Answer: employee turnover
