Answer:
Beneficiary recognized gain is $510000.
Explanation:
The amount paid by the decedent for the stock = $280000
The market value of the stock at the time of death = $500000
The selling price or the amount received by the beneficiary by the sell of stock = $510000
Since the recognized gain is calculated by subtracting the amount paid by the person to buy the stock from the amount that he receives from the sale of stock. But in this case, the beneficiary pays zero for the stock but gets all the money after selling.
Beneficiary recognized gain = amount received from the sell – the amount paid by the beneficiary.
= $510000 – 0
= $510000
<span>The Assistant Secretary of Defense for Networks and Information Integration also known as the DOD Chief Information Officer is responsible for that. The Assistant Secretary of Defense for Networks and Information Integration is in charge of managing all DOD information technology even national security systems and serves as the Chief Information Officer.</span>
Answer:
$330,846
Explanation:
The computation of the the revised break even point in dollars is shown below:
= (Fixed cost ) ÷ (Profit volume ratio)
where,
Fixed cost = $163,200 + $8,840
= $
172,040
And the profit volume ratio would be
= (Contribution margin) ÷ (Sales) × 100
where Contribution margin equal to
= Selling price per unit - variable cost per unit
= $70 - $28 + $5.60
= $36.4
So, the profit volume ratio is
= ($36.40) ÷ ($70)
= 52%
So, the revised break point in dollars is
= ($172,040) ÷ (52%)
= $330,846
The intrinsic value of a call option can be calculated by subtracting the strike price from the market price ($108-$110=?). Therefore the intrinsic value of John's call option is $-2 or 0.
Answer:
$24.21
Explanation:
Direct materials $8.20
Direct labor 8.30
Variable manufacturing overhead 1.2
Fixed manufacturing overhead (70% × $4.30 is avoidable) = 3.01
8.2 + 8.3 + 1.2 + 3.01 = 20.71
Relevant manufacturing cost = $20.71
$7.00 per unit ÷ 4 minutes per unit = $1.75 per minute
$1.75 per minute × 2 minutes = $3.5
$20.71 + $3.5
= $24.21
