Pedro earned gross income of $35,200 last year. If he took the standard deduction of $5,450 and one exemption for $3,500, what was his taxable income for the year?
$26,250
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Assume two events A and B are mutually exclusive and, furthermore, P(A) = 0.5 and P(B) = 0.25. a.Find P(A?B).b.Find P(A?B).
What will be an ideal response?
A radial tire manufacturer produces products in two departments—Divisions A and B. The company uses separate predetermined overhead allocation rates for each department to allocate its overhead. Divisions A and B have estimated manufacturing overhead costs of $150,000 and $350,000, respectively. Division A uses machine hours as the allocation base, and Division B uses direct labor hours as the allocation base. The total estimated machine hours were 31,000, and direct labor hours were 20,000 for the year.
Calculate the departmental predetermined overhead allocation rates. (Round your answer to the nearest cent.) A) Division A—$4.84, Division B—$17.50 B) Division A—$17.50, Division B—$4.84 C) Division A—$7.50, Division B—$11.29 D) Division A—$11.29, Division B—$7.50
To certify a check, the bank must:
a. tell the one who presents it. b. send a letter to the drawer. c. write the acceptance on the check. d. Any of these will be sufficient.
An employee whose wife suffered from breast cancer was terminated after a change of ownership of the company. He asked whether their health insurance would continue, and was told verbally that it would. Nine months later when his wife sought treatment, she was advised the policy had been terminated. He and his wife sued for a violation of COBRA. The court should rule:
a. for the employer, since it was a new owner, and not the employer of the employee. b. for the employer, since the employee never requested in writing that their insurance be continued c. for the employee, since he was not given notice of his COBRA rights in writing d. for the employee's wife, because she was also an insured, but was given no notice of her COBRA rights