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SN

Answered

Stephanie Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginning inventory is 108,000 units, and desired ending inventory is 90,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below.​ Material A 0.50 lb. per unit @ $0.70 per pound
Material B 1.00 lb. per unit @ $1.70 per pound
Material C 1.20 lbs. per unit @ $1.00 per pound
The dollar amount of Material A used in production during the year is

A) $217,700
B) $528,700
C) $311,000
D) $224,600

On Jul 24, 2024


A
SN

Answered

With respect to change strategies, a(n) ___ pursues change by participation in assessing change needs, values, and goals.

A) rational persuasion strategy
B) reason-based strategy
C) shared power strategy
D) force-coercion strategy
E) authoritarian strategy

On Jul 22, 2024


C
SN

Answered

Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price, payable in installments. Under the UCC, this transaction is

A) a contract for services.
B) a sublease.
C) a lease.
D) a sale.

On Jun 23, 2024


D
SN

Answered

Briefly explain how to calculate the child and dependent care credit and how the calculation for the credit is affected if the taxpayer's spouse does not work but is a full-time student instead.

On Jun 22, 2024


The credit is based on a percentage,determined by the taxpayer's AGI,multiplied by the qualified expenses for caring for a dependent.Qualifying expenses cannot exceed $3,000 for one qualifying individual and $6,000 for two or more.The amount is further limited to the earned income of the taxpayer or taxpayer's spouse if smaller.If a spouse is a full-time student with no earned income,that spouse is deemed to have earned $250 for one qualifying person ($500 for two or more),per month,that he or she attended school.For example,if a spouse attended school full-time for 9 months and the couple has one child,the qualifying expenses would be limited to $2,250 ($250 × 9 months).
SN

Answered

A(n) __________ contract is one in which the terms have been definitely and specifically stated and agreed upon.

A) express
B) implied
C) written
D) formal

On May 24, 2024


A
SN

Answered

The __________ of the mentally ill over the last two and a half decades,without the promised halfway houses to treat and shelter them has added to the ______________.

On May 23, 2024


deinstitutionalization;homeless population