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2 years ago

The standards of conduct are issued by the and supplemented by the __.

1 answer:

8 0

I believe the answer is Office of Government Ethics (OGE)... Department of Defense (DOD) JointEthics Regulation (JER) 5500.7-R
The main goal of ffice of Government Ethics is to handle conflict of interest between the act of becoming public servant and the act to fulfill personal desire and DID basically had the duty to supervise all Federal agencies in united states.

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In 2021, DFS Medical Supply collected rent revenue for 2022 tenant occupancy. For income tax reporting, the rent is taxed when c

oee [108]

Answer:

Debit Income tax expenses for $850,000; Debit Deferred Tax asset for $110,000; and Credit Income tax payable for $960,000.

Explanation:

Before the journal entry is prepared, the following are first calculated:

a. Deferred tax assets = Deferred portion of the rent collected in 2021 * Tax rate = $440,000 * 25% = $110,000

b. Income tax expense = 2021 Income tax payable - Deferred portion of the rent collected in 2021 = $960,000 - $110,000 = $850,000

The journal entry to record Income taxes for 2021 will look as follows:

Date General Journal Debit ($) Credit ($)

31 Dec 2021 Income tax expenses 850,000

Deferred Tax asset 110,000

Income tax payable 960000

(To record income tax expenses.)

8 0

2 years ago

Develop the output indices of the Nouveau Cattle Slaughtering Plant (base year 2007).

lana66690 [7]

Answer and Explanation:

The development of output indices for the plant is presented below:

For Base Year 2007

Index with output 100000 (Presumed) 100

For Output index 2009

(180000 ÷ 100000) × 100 180

For Output index 2010

(250,000 ÷ 100,000) × 100 250

For Output index 2011

(200,000 ÷ 100,000) × 101 200

In this way, it should be developed

5 0

2 years ago

EcoFabrics has budgeted overhead costs of $945,000. It has allocated overhead on a plantwide basis to its two products (wool and

umka21 [38]

Answer:

Eco Fabrics

Wool Cotton Total

Cutting 180,000 180,000 360,000

Design (585,000/1500)*1000

390,000 195,000 585,000

Total 570,000 375,000 945,000

Overhead Rate = Total Overhead Costs/ Direct Labor Hours= 945,000/ 450,000= 2.1

Overhead Rate for Wool = 570,000/225,000= 2.533

Overhead Rate for Cotton = 375,000/225,000= 1.667

Working:

Cutting Design

(cost driver is machine hours) (cost driver is number of setups)

Overhead $360,000 $585,000

Wool Cotton Total

Machine hours 100,000 100,000 200,000

Number of setups 1,000 500 1,500

5 0

2 years ago

John’s home is up for sale. He originally bought it five years ago for $300,000. Its current value is $350,000. His real estate

Mumz [18]

Answer:

Market value

Explanation:

The market value of a product is the price at which a buyer is willing to purchase a good irrespective of prevalent price of a commodity. It is that amount a buyer and seller are willing to strike a deal for given normal market conditions.

In this scenario John originally bought his five years ago for $300,000. Its current value is $350,000. His real estate agent notified him that a buyer just made an offer on his home for $365,000.

Despite the house now being $350,000, $365,000 is the market price at which the buyer and seller are willing to settle.

8 0

2 years ago

2. A specialty chemical company is considering expanding its operations into Brazil, where five companies dominate the consumpti

krek1111 [17]

Answer:

Indirect Distribution Sales Channel

Explanation:

The specialty chemical company has five companies that are the consumers of the specialty chemicals. Therefore, it is a Business to Business transaction between the specialty chemical company and their target business customers.

The company should utilize an indirect distribution network. It can be sales operations only where the chemical is manufactured and being supplied to companies in Brazil. There should be carefully selected distributors who have their locations near the five companies. This network, will reduce lagging time of order delivery and sales efficiency will increase.

4 0

2 years ago

The standards of conduct are issued by the __________ and supplemented by the ____________.

The standards of conduct are issued by the and supplemented by the __.