From the following, calculate departmental income before tax. Assume a tax rate of30%. Dept. B $220,000 250,000
Question:
Transcribed Image Text:
Dept. B $220,000 250,000 127,000 28,500 22,300 22,500 Dept. A Net Sales Cost of Goods Sold Delivery Expense Advertising Expense Deprecation Expense 106,000 24,000 23,200 21,500
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
DEPT A DEPT B TOTAL Net Sales 220 0 0 0 00 250 0 0 0 0...View the full answer
Answered By
Carly Cimino
As a tutor, my focus is to help communicate and break down difficult concepts in a way that allows students greater accessibility and comprehension to their course material. I love helping others develop a sense of personal confidence and curiosity, and I'm looking forward to the chance to interact and work with you professionally and better your academic grades.
4.30+
12+ Reviews
21+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
An income statement showing departmental income before tax does not list individual operating expenses for each department. Agree or disagree? Please explain.
-
Calculate Federal Income Tax Withholding Using Two Methods (pre-2020 Form W-4) For each employee listed, use both the wage-bracket method and the percentage method to calculate federal income tax...
-
Assume that your top marginal tax rate increased from 15% last year to 35% this year. Are you now more likely, or less likely, to claim fraudulent deductions on your tax return? Does the reasons that...
-
The balance sheet of Lamont Bros. follow: (a) What portions of Lamont's assets were provided by debt, contributed capital, and earned capital? Reduce contributed capital by the cost of the treasury...
-
The probability that the second roll was larger than the first. Somebody invents a three-sided die that gives scores of 1, 2, or 3, each with probability 1/3. Two such die are rolled. Use the law of...
-
Write a program for the arithmetic shift-left operation. Branch to OVF if an overflow occurs.
-
Provide an example for actor generalization. What is the significance of generalizing or specializing actors?
-
Kara owns 35% of the KLM Partnership and 45% of the KTV Partnership. Lynn owns 20% of KLM and 3% of KTV. Maura, Karas daughter, owns 15% of KTV. No other partners own an interest in both partnerships...
-
Examine the concept of weather derivatives and examine how they are designed to operate. Make a case for the introduction of weather derivative in Ghana based on the experiences of other nations....
-
A random sample of n = 80 measurements is drawn from a binomial population with probability of success .3. a. Give the mean and standard deviation of the sampling distribution of the sample...
-
Given the following, calculate netincome: Dept. 1 Dept. 2 33,000 46,000 21,000 28,000 Net Sales Cost of Goods Sold Operating Expenses Income Tax Expense, 30% rate $16,000
-
Calculate the contribution margin for each department and income before taxes, based on thefollowing: Dept. A 11,000 square feet Dept. B 19,000 square feet $81,000 50,000 Net Sales Cost of Goods Sold...
-
Identify the x-and y-intercepts of the line. Use the intercepts to write an equation of the line. 20- y 10 X
-
Peter and Mary are poorly educated immigrants who speak little English. They have both just retired from full time work and own their own house. Their son, Fred approaches them and asks whether they...
-
1. You want to launch an innovation-focused startup business with 30 employees. Should it adopt a mechanistic structure or an organic structure? Justify your answer. 2. How does the Contingency or...
-
First, watch the Free Hugs video and then read the article about Free Hugs What did you like about the verbal and non-verbal messages you saw and heard? Consider how your interpretation of the video...
-
Examine how the following factors could impact the operations and processes in the BioTech Africa warehouse?
-
Briefly describe how Virginia Beach could track its current customers/visitors and include database marketing in its strategic marketing activities. What data should it gather for its database? How...
-
Given a (very) tiny computer that has a word size of 6 bits, what are the smallest negative numbers and the largest positive numbers that this computer can represent in each of the following...
-
Do animals have rights? If so, what are they? What duties do human beings have toward animals? Does KFC protect animal welfare at an acceptable level?
-
Provide five examples of extremely good or effective match- ups between sporting events and their sponsors. In addition, suggest five examples of extremely poor or ineffective match- ups between...
-
On February 5, 2019, Mike Sullivan made the following journal entry to record the purchase of office equipment priced at $1,400 on account. This transaction had not yet been posted when the error was...
-
How do transactions get linked in a general journal?
-
How do transactions get linked in a general journal?
-
What is Functional Dependency? steps to solve functional dependency? what will the functional dependency and keys for the above entity? 1. Entity name : Employee Attributes : SSN, Employee ID, Fname,...
-
Exhibit 1: Product Profitability Analysis Guitars Bass guitarss Drums Standard Unit Cost $1032.72 $1765.43 $1626.35 Target Selling Price $1600.71 $2736.42 $2520.84 Planned Gross margin % 35% 35% 35%...
-
1. Nombre del negocio: La Comercial. Fecha de presentacin: al 31 de enero del ao "X". Propietario: seor Alejandro Ruiz Martnez. Terrenos Caja Edificios Bancos Equipo de oficina Depsitos en garanta...
Study smarter with the SolutionInn App