How much of the cost must done include in his income, Accounting Basics

+44 141 628 6080
[email protected]

How much of the cost must done include in his income

Driller who is 56 years old is provided with 120000 of group term life insurance by his employer. Based on the IRS uniform premium cost table the total annual cost of a policy of this type id 9.00 per 1000 of coverage. Driller required contribution to the cost of the policy is 2.00 per 1000 of coverage per year. driller was covered for the full 12 months of 2010/ HOw much of the cost must Done include in his income for 2010.

a. 0

b. 390

c. 630

d. 840

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How much of the cost must done include in his income

Reference No:- TGS085035

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : What contribution margin per ham is

Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed costs. what Contribution margin per ham is:

Q : Mitochondria and chloroplasts except

All the following are true of both Mitochondria and Chloroplasts EXCEPT

Q : Which two communities of interest are usually associated

Which two communities of interest are usually associated with contingency planning? Which community must give authority to ensure broad support for the plans?

Q : Analyze ways succession and retention plans can be utilized

Discuss the issues faced by organizations when attempting to meet flexible staffing requirements and manage employee retention. Analyze the ways succession and retention plans can be utilized in a given organization

Q : How much of the cost must done include in his income

Based on the IRS uniform premium cost table the total annual cost of a policy of this type id 9.00 per 1000 of coverage. Driller required contribution to the cost of the policy is 2.00 per 1000 of coverage per year. driller was covered for the ful

Q : One possible alternate structural change

From the e-Activity, describe in detail one possible alternate structural change the company might have considered. Then, explain in detail how this compares with the change initiated by the company.

Q : How much saving of safety inventory can expect as result

The base printers are still to be manufactured in Taiwan with a lead time of eight weeks. How much saving of safety inventory can Epson expect as a result?

Q : What amount of sales revenue will be reported

The company keeps no work-in-process inventory. What amount of sales revenue will be reported on the 20X4 budgeted income statement?

Q : Controlled process

Provide some examples in business or daily life in which a controlled process is erroneously adjusted and an out-of-control process is ignored. What implications do these errors have?

1950571

Questions
Asked

3,689

Active Tutors

1424086

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How much of the cost must done include in his income

Reference No:- TGS085035

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What contribution margin per ham is

Q : Mitochondria and chloroplasts except

Q : Which two communities of interest are usually associated

Q : Analyze ways succession and retention plans can be utilized

Q : How much of the cost must done include in his income

Q : One possible alternate structural change

Q : How much saving of safety inventory can expect as result

Q : What amount of sales revenue will be reported

Q : Controlled process

Participating in sickness prevention and health promotion

Give examples of potential health literacy concerns

When health or safety of children may be compromised

When someone regularly drinks alcohol or uses certain drugs

What is it like to be a mental health nurse

Study investigated the effects of rapid response team

Problem about specific drg category

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How much of the cost must done include in his income

Reference No:- TGS085035

Recent Questions Asked Accounting Basics

Q : What contribution margin per ham is

Q : Mitochondria and chloroplasts except

Q : Which two communities of interest are usually associated

Q : Analyze ways succession and retention plans can be utilized

Q : How much of the cost must done include in his income

Q : One possible alternate structural change

Q : How much saving of safety inventory can expect as result

Q : What amount of sales revenue will be reported

Q : Controlled process

Asked Questions