Chapter 6

Problem 1: Solution 1. valueable Income measure Rate $0 - $20,00010% $20,000 - $50,000$2,000 + 20% of the amount everywhere $20,000 > $50,000$8,000 + 30% of the amount everywhere $50,000 First $20,000 × .10 = $ 2,000 following$30,000 × .20 = $ 6,000 Next$10,000 × .30 = $ 3,000 Total$60,000 $11,000 = Total tax Liability 2.Federal Income Taxes / Taxable Income = Average Tax Rate = $11,000 / $60,000 = 18.33% Problem 2: Solution The peck terms of building a new lodgement induction on this land is the beat out foregone opportunity of marketing the land today for $500,000 dough of appraise. Cash Flow merchandising harm$500,000 $500,000 salute 100,000 Gain on sale 400,000 Incr. tax graze 0.3 -120,000 Net cash strike $380,000 Problem 3: Solution 1.The written report expenses of the rooms department kernel $21,450. These expenses accept the paysheet and cogitate expenses of $20,000 and former(a) expenses of $1,450. 2.Overhead expenses total $77,356. These expenses implicate both expense other than the command expenses of the profit centers. Therefore, the command processing overhead time expenses include the undistributed in operation(p)(a) expenses, fixed charges, and income taxes. 3.

apostrophizes controllable by the GM and by those below his/her supervision include both expenses prior to gross operating profit. Thus, the undistributed operating expenses and direct be of the profit centers ar the controllable expenses. 4.The fixed woo are the fixed charges of rent, retention taxes, insurance, interest, and depreciation. Other expenses also whitethorn be fixed, but gain ground investigation would be required. 5.The cost of sales is considered to be a variable expense. Problem 4: Solution 1. Electric Expensetenancy % High month (August)$7,200 78% Low calendar month (celestial latitude)$5,500 50% $1,700 28% fuse Cost Difference / Occupancy % Difference = Variable Cost per 1% of Occupancy = $1,700 / 28% = $60.71 2. December Occupancy % ×...If you want to involve a full essay, night club it on our website: Ordercustompaper.com

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