Answer and Explanation:
a. The computation of Kiyara’s deduction for qualified business income is shown below:-
Kiyara's Share of income is
= 50% × $332,000
= $166,000
Max qualified business deduction is
= 20% × $166,000
= $33,200
b. The computation of Kiyara’s net investment income tax liability is shown below:-
Net investment income tax liability = $166,000 × 3.8%
= $6,308
c. The computation of Kiyara’s self-employment tax liability is shown below:-
Kiyara is not earning Jazz Corp.'s self-employment taxable income because Kiyara is not doing work for Jazz Corp.
Hence, the tax liability for self-employment is 0.
d. The computation of Kiyara’s additional Medicare tax liability is shown below:-
Additional medicare tax liability
= $282,000 - $200,000
= $82,000 × 0.9%
= $738
Answer:
the correct answer is "opportunity cost".
the opportunity cost here means the cost of the next best opportunity lost because of spending time at work, this could be 8 hours, 10 hours at work, etc.
the underline point here is that when someone works for, lets say, 8 hours, he or she could have done something else that they enjoy and brings value to them and their family.
but since they are working, they can not engage in that activity. because of this, we call it the opportunity cost! simple right?
Explanation:
Answer: Please refer to Explanation
Explanation:
The terms will be listed in bold at the end of the statement. If you require further clarification please do comment.
a. The costs deducted from the contribution margin to determine the responsibility margin. TRACEABLE FIXED COSTS.
b. Cost to produce plus a predetermined markup. COST-PLUS TRANSFER PRICE
c. Fixed costs that are readily controllable by the manager. NONE
d. A subtotal in a responsibility income statement, equal to responsibility margin plus committed fixed costs. PERFORMANCE MARGIN.
e. The subtotal in a responsibility income statement that is most useful in evaluating the short-run effect of various marketing strategies on the income of the business. CONTRIBUTION MARGIN.
f. The subtotal in a responsibility income statement that comes closest to indicating the change in income from operations that would result from closing a particular part of the business. RESPONSIBILITY MARGIN.
g. The amount used in recording products or services supplied by one business unit to another. TRANSFER PRICE.
Answer:
The cooperatives help their member to focus their attention on their livestock while the cooperatives work to get the best prices for their products.
Explanation:
