_____ is the capacity needed to perform a set of tasks.
A) Automaticity
B) Skill
C) Knowledge
D) Attitude
Skill
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A taxpayer will be ineligible for the earned income credit if he or she has disqualified investment income of more than $3,500 in 2018. Disqualified income includes all the following except
A. net rental income. B. net capital gains. C. tax-exempt interest. D. self-employment income.
Jeff and Kimberly Fowles live in a community property state. They have been married for 42 years and have acquired a substantial amount of real and personal property. Jeff has passed away and his will provides that all of his estate is to go to his children and "no property shall go to Kimberly because she has her own property for her support and well being." Which of the following statements is
correct? A)?Kimberly is properly disinherited. B)?Kimberly cannot be disinherited. C)?In a community property state, a spouse is entitled to one-half of all the community property despite disinheritance. D)?In a community property state, a spouse is entitled to all of the community property upon the death of a spouse.
A customer has requested that Lewelling Corporation fill a special order for 1900 units of product S47 for $41 a unit. While the product would be modified slightly for the special order, product S47's normal unit product cost is $16.00: Direct materials$4.30? Direct labor 4.00? Variable manufacturing overhead 1.40? Fixed manufacturing overhead 6.30? Unit product cost$16.00? Assume that direct labor is a variable cost. The special order would have no effect on the company's total fixed manufacturing overhead costs. The customer would like modifications made to product S47 that would increase the variable costs by $2.20 per unit and that would require an investment of $11,000.00 in special molds that would have no salvage value. This special order would have no effect
on the company's other sales. The company has ample spare capacity for producing the special order. The annual financial advantage (disadvantage) for the company as a result of accepting this special order should be: A. $(10,700) B. $11,200 C. $(1700) D. $44,290
RJ Corporation has provided the following information about one of its inventory items: Date Transaction Number ofUnits Cost per Unit1/1 Beginning Inventory 410? $3200?6/6 Purchase 795? $3610?9/10 Purchase 1190? $4010?11/15 Purchase 805? $4205? During the year, RJ sold 3010 units. What was cost of goods sold using the average cost flow assumption? (Do not round intermediate calculations.)
A. $11,730,875. B. $11,606,254. C. $11,646,254.3. D. $11,539,925.