Federal Income Tax Rates For the Year 2022 From To AmountTax Rate Maximum Cummulative Tax 50,197...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Federal Income Tax Rates For the Year 2022 From To AmountTax Rate Maximum Cummulative Tax 50,197 50,197 15.0% 50,197 100,392 50,195 100,392 155,625 55,233 155,625 221,708 66,083 221,708 infinity Tax 7,529.55 20.5% 10,289.98 26.0% 14,360.58 29.0% 19,164.07 33.0% 7,529.55 17,819.53 32,180.11 51,344.18 Using the above tax rates, what is the amount of federal tax owed on an income of 61141? Answer to two decimals. Do not use commas or $ signs. Manufacturing overhead is charged to three operating divisions on the basis of capital investment in the three divisions. If the investment is $21.4 million in the Eastern Division, $8.8 million in the Southern Division, and $12.2 million in the Far Eastern Division, how should manufacturing overhead of $1623104 be allocated to the Far Eastern Division? Answer to 2 decimals. Do not use commas or $ signs. Answer: James' income was $50000 in 2007, $74431 in 2011 and $107128 in 2014. The Canadian CPI (Consumer Price Index) was 109.7 in 2011 and 128.3 in 2014. Calculate the change in James' real income from 2011 to 2014. Answer to the nearest dollar (no cents and no $ sign). If negative, use a - sign. Answer: What was the amount of October sales if November sales of 33286 were 116% of October sales? Answer to 2 decimals. Do not use commas or $ signs. Answer: Solve to 2 decimals 15.55% of 1034.35 Answer: Kristi's parents have increased their contributions to her Education Savings Plan from 113 to 376 per month. What is the percentage increase? Answer to two decimals without a percent sign. For example, 14.25% is entered as 14.25 Answer: If your car can travel 162 kms on 19 litres of gasoline, how many kilometers can it travel on 68 litres. Anwer to 2 decimals? Do not include units Answer: Federal Income Tax Rates For the Year 2022 From To AmountTax Rate Maximum Cummulative Tax 50,197 50,197 15.0% 50,197 100,392 50,195 100,392 155,625 55,233 155,625 221,708 66,083 221,708 infinity Tax 7,529.55 20.5% 10,289.98 26.0% 14,360.58 29.0% 19,164.07 33.0% 7,529.55 17,819.53 32,180.11 51,344.18 Using the above tax rates, what is the amount of federal tax owed on an income of 61141? Answer to two decimals. Do not use commas or $ signs. Manufacturing overhead is charged to three operating divisions on the basis of capital investment in the three divisions. If the investment is $21.4 million in the Eastern Division, $8.8 million in the Southern Division, and $12.2 million in the Far Eastern Division, how should manufacturing overhead of $1623104 be allocated to the Far Eastern Division? Answer to 2 decimals. Do not use commas or $ signs. Answer: James' income was $50000 in 2007, $74431 in 2011 and $107128 in 2014. The Canadian CPI (Consumer Price Index) was 109.7 in 2011 and 128.3 in 2014. Calculate the change in James' real income from 2011 to 2014. Answer to the nearest dollar (no cents and no $ sign). If negative, use a - sign. Answer: What was the amount of October sales if November sales of 33286 were 116% of October sales? Answer to 2 decimals. Do not use commas or $ signs. Answer: Solve to 2 decimals 15.55% of 1034.35 Answer: Kristi's parents have increased their contributions to her Education Savings Plan from 113 to 376 per month. What is the percentage increase? Answer to two decimals without a percent sign. For example, 14.25% is entered as 14.25 Answer: If your car can travel 162 kms on 19 litres of gasoline, how many kilometers can it travel on 68 litres. Anwer to 2 decimals? Do not include units Answer:
Expert Answer:
Answer rating: 100% (QA)
ANSWER To answer the given questions here are the calculations 1 Federal Tax Owed on an Income of 61141 Based on the provided tax rates The first 5019... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Please do it in simple Java code. no C++ or anything. Problem 1 a Java program that: a link list having these values in linked list: 4 -> 7 -> 8-> 1 -> 2; Prints out the linked list by writing a...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Use the attached "words.txt" file to store the words along with their ranks in an AVL tree. Then provide the user the option to search for any word. If the word exists the program displays the rank...
-
Differentiate f(x) = log 10 (2 + sin x).
-
For n Z+, n > 2, let f(x) Zn[x]. Prove that if a, b Z and a = b (mod n), then f(a) = f(b) (mod n).
-
A PERT chart is a simple bar chart that lists project tasks vertically against the project's time frame, listed horizontally. O true false
-
Indicate whether each of the following descriptions is more characteristic of a centralized (C) or decentralized (D) company. Description 1. Hires highly motivated employees 2. Prioritizes training...
-
Data on U.S. work-related fatalities by cause follow (The World Almanac, 2012). Cause of Fatality Number of Fatalities Transportation incidents ............. 1795 Assaults and violent acts...
-
3 0 ) With which term would the phrase "Buy American" be most closely associated? A ) socialism B ) communism C ) nationalism D ) abstractionism E ) polarism
-
Mirza Manufacturing makes four electronic products, each of which comprises three main materials: magnet, wiring, and casing. The products are shipped to three distribution centers in North America,...
-
An attention-getter is the device a speaker uses at the beginning of a speech to capture an audience's interest and make them interested in the speech's topic. what is a good Attention-getting device...
-
Find the quotient. - 2.1 0.7 - 2.1 0.7 (Simplify your answer. Type an integer or a decimal.
-
Identify the author of the following quote: Rawls (R) or Nozick (M) or Aristotle (A): I shall maintain that the persons in the initial situation would choose two principles: the first requires...
-
help me to solve this problem? Future Value of $1 Periods 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 25 30 Periods 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 25 30 1.0% 1.01000...
-
The doctor ordered Zovirax 15 mg/kg. The patient weighs 121 lbs. The available supply is 100 mg/2 mL. How many mL will the nurse administer per dose?
-
1. Which of the following is a deterrent control? A. Authorized Personnel Only sign B. Backups C. User training D. Log monitoring 2. Which of the following is an operational control? ...
-
1. Jerry provides you with his income tax information for 2021: Employment Income:$200,000 CPP Deduction from his Payroll T4 slip: $0 (80 years old) EI Deduction from his Payroll T4 slip: $890...
-
Refer to the Conservation Ecology (Dec. 2003) study of the causes of forest fragmentation, presented in Exercise 2.166 (p. 97). Recall that the researchers used advanced high-resolution satellite...
-
What is meant by sniping in an auction? Does it make sense to snipe to win an auction?
-
Lobsters are plentiful and easy to catch in August but scarce and difficult to catch in November. In addition, vacationers shift the demand for lobsters further to the right in August than in any...
-
There was a sharp increase in the number of the long-term unemployed following the recession that began in December 2007. Rand Ghayad did the following study to better understand long-term...
-
Which of the following is the correct formula for return on sales? a. Income/Investment b. Investment/Income c. Income/Revenue d. Revenue/Investment
-
During the past twelve months, the Aaron Corporation had a net income of \($50,000\). What is the amount of the investment if the return on investment is 20%? a. \($100,000\) b. \($200,000\) c....
-
Distinguish between a profit center and a cost center.
Study smarter with the SolutionInn App