Hogg corporation distributes $30,000 to its sole shareholder, ima. at the time of the distribution, hogg's e& p is $14,000 and ima's basis in her stock is $10,000. ima's gain from this transaction is aa.$14,000 capital gain. b.$6,000 capital gain. c.$20,000 capital gain. d.$30,000 capital gain.
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Business, 21.06.2019 18:30, gracie0818
What is the communication process? why isnt it possible to communicate without using all the elements in the communication process?
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Business, 22.06.2019 21:00, nasrah
Dozier company produced and sold 1,000 units during its first month of operations. it reported the following costs and expenses for the month: direct materials $ 69,000 direct labor $ 35,000 variable manufacturing overhead $ 15,000 fixed manufacturing overhead 28,000 total manufacturing overhead $ 43,000 variable selling expense $ 12,000 fixed selling expense 18,000 total selling expense $ 30,000 variable administrative expense $ 4,000 fixed administrative expense 25,000 total administrative expense $ 29,000 required: 1. with respect to cost classifications for preparing financial statements: a. what is the total product cost
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Business, 22.06.2019 21:10, dezmondpowell
Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?
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Hogg corporation distributes $30,000 to its sole shareholder, ima. at the time of the distribution,...
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