Tanya's employer offers a cafeteria plan that allows employees to choose among a number of benefits. Each employee is allowed $6,000 in benefits. For 2021, Tanya selected $3,480 ($290 per month) of parking, $1,720 in 401(k) contributions, and $800 of cash. How much must Tanya include in taxable income

Answers

Answer 1

Based on the benefits that Tanya chose, the benefits to be included in taxable income is $1,040

The amounts that Tanya can include in taxable income are:

Cash Parking benefits

The Parking benefits are however limited to $270 per month in 2021 which means Tanya can only include:

= (290 - 270) x 12 months

= $240

The amount to be included is therefore:

= 240 + 800

= $1,040

In conclusion, Tanya can include $1,040 of benefits in her taxable income.

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Related Questions

You are shopping for a new car. You find the perfect vehicle and are now applying for a loan from your local bank. Unfortunately, the bank rejects your application. You are surprised, because you have always paid your bills on time. You decide to examine your credit report. You discover that the credit agency is wrongly reporting that you are delinquent on a credit card bill. You have asked the agency to remove the inaccurate entry, but it has failed to do so. What liability does the credit agency face for its incorrect reporting

Answers

The liability faced by the credit agency for its incorrect reporting of your credit history is C. Your actual damages, plus an additional amount not to exceed $1,000, plus attorney’s fees.

Under the Fair Credit Reporting Act, your damages are not $5,000 only. It is also not actual damages plus or $3,000 plus the attorney's fees.

Thus, you can sue for actual damages, an additional amount not exceeding $1,000, plus your attorney's fees.

Answer Options:

A. $5,0000 only.

B. Your actual damages, plus an additional amount not to exceed $5,000.

C. Your actual damages, plus an additional amount not to exceed $1,000, plus attorney’s fees.

D. $3,000, plus attorney’s fees.

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Based on the following information answer question Furniture manufacture has 3 units of standard direct material allowed for one unit of output. One unit of direct material is expected to be purchased on average at $10. During the period the manufacture has produced 7000 units of output 4 units of direct materials have been used. The direct materials have been purchased at $9 per unit. The total quantities of materials purchased were 30,000 units. 1.What is a standard cost for material? 2.What will be the total inputs allowed as per the budget for actual outputs achieved? 3.What is total actual direct material used to produce actual output? 4.What is the material price variance? 5.What is the material efficiency variance? 6.What will be flexible budget variance? 7.Which one of the following items would never appear on a cash budget?

Answers

1. The standard cost for material per output unit is $30 ($10 x 3).

2. The total inputs allowed for actual outputs achieved is 21,000 units (7,000 x 3).

3. The total actual direct material used for actual output is 28,000 units (7,000 x 4).

4. The material price variance is $28,000 Favorable {($10 - $9) x 28,000}.

5. The material efficiency variance is $70,000 Unfavorable (21,000 - 28,000) x $10.

6. The flexible budget variance is $28,000 Favorable ($280,000 - $252,000).

7. The item that would never appear on a cash budget is the Depreciation Expense.

Data and Calculations:

Standard units of input materials = 3 units

Average cost of a unit of materials = $10

Total cost of 3 units = $30 ($10 x 3 per unit output

Actual production = 7,000 units

Flexible units of materials = 21,000 units (7,000 x 3)

Actual units of materials used = 28,000 units (7,000 x 4)

Actual cost of materials purchased = $9 per unit

Thus, depreciation expense does not involve a cash flow.

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A surplus of 500 units will occur when the price is rev: 05_07_2018 Multiple Choice $30 per unit. $20 per unit. $15 per unit. $10 per unit. g

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Economic surplus simply refers to gains that is benefited by a consumer or producer within an economic activity.

Your information is incomplete. Therefore, an overview of surplus will be given. Economic surplus is also known as the total welfare.

It's simply the extra benefit gotten in a transaction. It's typically the area above the equilibrium price of the good. It's also below the demand curve.

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lead a particular function or a subunit within a function. *
General Manager
Functional Manager
Front-Line Manager
ОСЕО

Answers

Answer:

Functional managers are accountable to manage people with specific skills and different resources within a department or section to meet functional objectives as well as corporate objectives. ... Sometimes, both functional managers and project managers have to work together to share resources and experience.

Explanation:function manager

Rich and Lucy were married for 52 years. Rich died on May 9, 2020. Lucy has no dependents, and she did not remarry. The correct and most favorable filing status for Lucy's 2020 return is: Married filing jointly. Married filing separately. Single. Qualifying widow.

Answers

Based on the year that Rich died and the year that Lucy is filing her taxes, the most favorable filing status is Married filing jointly.

Current tax laws are such that if a person loses a spouse in a certain year and does not remarry in that year, they can file in a joint manner with their now late spouse.

Rich died in 2020 and Lucy did not remarry. Lucy's 2020 returns can therefore be filed as a joint filing with Rich even though he is no longer alive.

In conclusion, the correct answer is option A.

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Assume that a local restaurant sells two items, salads and steaks. The restaurant's only two customers on a particular day are Mr. Carnivore and Ms. Leafy Greens. Mr. Carnivore is willing to pay $20 for a steak and $7 for a salad. Ms. Leafy Greens is willing to pay only $8 for a steak, but is willing to pay $12 for a salad. Assume that the restaurant can provide each of these items at zero marginal cost. Refer to Scenario 17-1 . If the restaurant is unable to use tying, what is the profit-maximizing price to charge for a steak

Answers

Based on the information given, it should be noted that the profit-maximizing price will be $20.

From the information given, the willingness to pay Mr. Carnivore will be:

= $20 + $7 = $27

The willingness to pay Ms. Leafy greens will be:

= $8 + $12 = $20

In this case, the profit-maximizing price should be the lower value. Therefore, the price will be $20.

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True or false?

Brad is not a huge fan of kids but loves to work with animals. The Early Childhood Development pathway of the Human Services cluster would be a good fit for Brad.

Question 15 options:

True


False

Answers

False because it said he wasn’t a big fan of kids

You are starting a family pizza parlor and need to buy a motorcycle for delivery orders. You have two models in mind. Model A costs $8,200 and is expected to run for 7 years; Model B is more expensive, with a price of $13,600, and has an expected life of 9 years. The annual maintenance costs are $760 for Model A and $740 for Model B. Assume that the opportunity cost of capital is 9 percent. Calculate equivalent annual costs (EAC) of each models.

Answers

The equivalent annual costs of each model are as follows:

                                                Model A       Model B

Equivalent annual costs     $2,389.26   $3,008.47

Data and Calculations:

                                              Model A       Model B

Costs of motorcycle              $8,200        $13,600

Expected years of usage      7 years        9 years

Annual maintenance costs    $760          $740

Cost of capital = 9%

Annuity factor                       5.03295        5.99524

PV of annual maintenance  $3,825.04   $4,436.48

Total NPV of costs             $12,025.04  $18,036.48

Equivalent annual costs   $2,389.26  $3,008.47

                          ($12,025.04/5.03295)  ($18,036.48/5.99524)

Thus, the equivalent annual costs of each model are the dividend of the Total NPV costs divided by the Annuity Factor.

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On January 1, 2022, the Sunland Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2022.
Sales units: First quarter 5,700; second quarter 6,840; third quarter 7,980.
Ending raw materials inventory: 40% of the next quarter's production requirements.
Ending finished goods inventory: 25% of the next quarter's expected sales units.
Third-quarter production: 8,330 units.
The ending raw materials and finished goods inventories at December 31, 2021, follow the same percentage relationships to production and sales that occur in 2022. Three pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound.
Prepare a direct materials budget by quarters for the 6-month period ended June 30, 2022.

Answers

The preparation of Sunland Company's Direct Materials Budget for the First and Second Quarters ended June 30, 2022 is as follows:

                                    First Quarter  Second Quarter

Ending raw materials        12,654             9,996 (3,332 x 3)

Production requirement  26,505            31,635 (10,545 x 3)

Materials available           39,159              41,631

Beginning inventory        10,602             12,654

Purchases                       28,557             28,977

Cost of purchases     $114,228         $115,908 ($28,977 x $4)

Data and Calculations:

                                   First Quarter  Second Quarter   Third Quarter    Total

Sales units                        5,700                 6,840                   7,980

Ending inventory               1,710                  1,995

Units available for sale    7,410                  8,835

Beginning inventory        1,425                   1,710                    1,995

Production requirement 8,835               10,545                    8,330

Thus, the direct materials budget for Sunland Company is prepared as above.

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Select the correct answer from each drop-down menu. If the firm is at point D and decides to increase the production of bike tires by 300 units, the opportunity cost will be truck tires. If the firm is at point B and decides to increase the production of truck tires by 400 units, the opportunity cost will be bike tires.

Answers

1. The answer is B
2. The answer is D
B an D are the answers

Crane Company estimates that unit sales will be 8,000 in quarter 1, 11,200 in quarter 2, 12,000 in quarter 3, and 14,400 in quarter 4. Using a unit selling price of $68 per unit. Prepare the sales budget by quarters for the year ending December 31, 2022.

Answers

The total sales of the quarter is $2.918,400.

                               Sales Budget (Quarter)

                                        1              2                3                 4

Expected unit sales  8,000        11,200       12,000        14,400

Unit selling price         $68            $68           $68              $68

Total sales                $512,000 $716,800  $768,000  $921,600

Hence, the total sales of the quarter is $2.918,400

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most of the annual requirements for supplies and services are funded with procurement funds? true or falce

Answers

The statement that most of the annual requirements for supplies and services are funded procurement funds True.

In a project, there will always be annual requirements for supplies and services that is required to achieve the goals as regards the project.

Which means procurement funds, all necessary equipment as well as tools needed for the project would be gotten.

Therefore, to acquire all the annual requirements for supplies and services, procurement funds are needed to achieve this.

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You are considering employment opportunities after graduation. What would you look for in identifying a prospective employer's company's culture

Answers

Answer:

What would you look for in identifying a prospective employer's company's culture?

Explanation:

benchmarking the company's performance of activities and business processes against "best-in-industry" performers

We would look for the atmosphere, spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices in identifying a prospective employer's company's culture.

What do you understand about the company's culture?

A company's culture is how we do what we do in the workplace. It’s the sum of our formal and informal systems and behaviours and values, all of which create an experience for our employees and customers. At its core, company culture is how things get done around the workplace. “How” includes both the formal systems and the informal behaviours.

For example, our company may use instant messaging software to communicate throughout the day, and it may also be okay to yell at a coworker to get your point across. Our systems and behaviours give employees the rules of the road for interacting with the business, and each other.

Company culture is often something we can feel, even as an outsider.

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According to the figure, which point(s) would see tax revenues increase if the tax rate decreased?
O a. only c
O b.only B
O c. A and C
O d. B and C
O e. only A

Answers

D. I think sorry if it’s wrong

Provide some examples of the application of the following from a to f in the hospitality or travel businesses.

a. Volume discounts.


b. Discounts based on time of purchase.

c. Psychological pricing.

d. initiating price increases.

e. buyer reactions to price changes.

f. competitor reactions to price changes.​

Answers

Answer:

weight of discount

disfount on festival offer

Below are five items that would be included in the balance of payments for the United States. Sort each item into either the current account or the capital account.

a. a Japanese citizen earns dividend income on shares of stock of a U.S. firm
b. a U.S. citizen buys a vacation home in Acapulco, Mexico
c. a U.S. citizen buys a BMW made in Germany
d. a Japanese citizen donates money to a U.S. charity

Answers

The following items would be in the current account:

a U.S. citizen buys a vacation home in Acapulco, Mexico

c. a U.S. citizen buys a BMW made in Germany

The following items would be in the capital account:

A Japanese citizen earns dividend income on shares of stock of a U.S. firm.

a Japanese citizen donates money to a U.S. charity

The current account records information on  the flow of tangible goods and services in a country.  

Components of the current account

Trade balance - it records import and export.  Net income - it records the income received by a country's residents less the income paid to foreigners. Transfers - it includes income sent to a country by its citizens working in foreign countries.

The capital account is used to record capital transfers and investments.

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Consider a hypothetical business problem of increased number of incidents and service requests raised by the users that was affecting the turnaround time at their IT help desk. Which tool set combination has the potential to provide the complete end to end solution

Answers

Based on the information given, the set of tools that will be used include kore ai, smart analysis, ikon, dynatrace, and remedy.

From the complete information, smart analytics simply means the process of collecting and analyzing data in order to help businesses make better decisions.

Dynatrace is also important as it provides a softwares platform that's based on artificial intelligence which will help achieve organizational goals.

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Find the tax on a home if the assessed value is $24,375 and the tax rate is $43.97 per $1,000

Answers

Answer:

1071.76875

Explanation:

24,375/1000=24.375

24.375x43.97=1071.76875

I dont know a thing about buisness but I like math so I hope this is correct

5 year plan example for high school seniors

Answers

[tex] \huge{ \underline{ \underline{ \mathtt{ \purple{A} \pink{N} \green{S} \blue{W} \red{E} \orange{R}}}}}[/tex]♡

A five year plan is a list of priorities you would like to accomplish over the next several years. As well as actions you can take when you make mistakes, so that you can still meet those goals.

Hope it helps

What is polycentricity?

O A. Independent elements that are separate by bound to each other

O B. Independent elements that are separate

OC. Independent elements that are only nominally separate

O D. The consolidation of independent elements

Answers

Answer:

Definition of polycentric

: having more than one center (as of development or control): such as. a : having several centromeres polycentric chromosomes.

Explanation:

Mark as Brainliest Answer

A project manager is overseeing a complex custom CSM solution that has rigorous quality standards and tight schedule constraints. Since the project manager is working in a weak matrix environment, none of the resources are reporting to her functionally. She also does not have either the power or the budget to reward the team members to encourage and motivate them for their performance and contribution to the project. What kind of power should the project manager try to use in this type of situation

Answers

The kind of power that the project manager should try to use in this type of situation is an: expert power.

A project manager refers to an individual who is saddled with the responsibility of planning, controlling, maintaining, and managing a group of people (team members) that are working under him or her, especially for the execution of a project.

In Project management, a project manager has different kinds of power and these include:

Referent powerReward powerCoercive (penalty) powerFormal (legitimate) PowerExpert power

Expert power is one of the most effective kinds of power and it is typically possessed by a project manager that is a professional (expert) in a particular subject, field or project.

Since the project manager is working in a weak-matrix organizational environment and has no power or budget to reward her team members,  she should use her expert power to oversee the complex custom CSM solution project.

In conclusion, the kind of power that the project manager should try to use in this type of situation is an expert power.

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If you liquidate $3,000 of your money market mutual fund and transfer the funds to your checking account, then initially, M1 will ________ and M2 will ________. Group of answer choices

Answers

if one liquidate $3,000 of one's mutual fund and transfer them to checking account, then, the M1 will increase and M2 will not increase

Liquidation in this case refers to transfer of mutual fund to one's accessible account for personal use.

Let understand that M1 in money supply includes physical currency, demand deposits, checkable deposits.

M2 in money supply includes cash, checking deposits, easily convertible near money.

In conclusion, if one liquidate $3,000 of one's mutual fund and transfer them to checking account, then, the M1 will increase and M2 will not increase

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hey if u looked on my other post just go to ur notifacations to see
u have to accept the message request

Answers

Okay bc it was a joke I guess thats it is a joke and

what is the definition of organization ? Briefly explain each part of the definition?​

Answers

organization isn a group or team that works together to accomplish a task

what you might say about each of the following cabins on this cruise liner: interior cabin, ocean-view cabin, balcony cabin, and suite. Keep in mind you want your description to remain neutral and pique guests interests while still remaining honest.

Answers

The question is about the description of different cabins of cruise liner. Following is the description of each cabin,

Interior cabin : An interior cabin is the area of a cruise which has no window. On this cabin visitors can rest and enjoy the peace. There are luxury and relaxing sofas to relax and comfortable bed to have sound sleep.

Ocean view cabin : An Ocean view cabin is outside cabin which has window to look at the sea. It has luxury couch to sit and enjoy the pleasant view of the ocean.

Balcony Cabin : It is room of a cruise which has separate balcony attached to the room. However the balcony is small in size and there is space of only two chairs but the experience of viewing the ocean from it is unforgettable.

Guest can sit and enjoy their drinks while having beautiful view of ocean waves along with sea breeze.

Suite : This is largest room of the cruise and guests can experience special luxury perks in this room. The suite is a large room of the cruise which has separate lounge and sometimes separate swimming pool too.

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Your uncle is offering to sell you his T-shirt printing business for $1M. You think a multiple of 10X earnings (profit) is fair. His earnings are $69,000 per year. Should you buy it?

Answers

No because it is to expensive and the modern outfits are changing relatively quickly

Find m2V.


V


W


(2x + 29)


(10x – 27)°


Y

Answers

Answer:

31x

17x

Explanation:

we should add 2x+29

we should subtract 10x and 27

What is the advantage of using agents and brokers when a firm does not have its own sales forces?


Agents and brokers have extensive knowledge of the needs of consumers.


Agents and brokers gather and sort information for online consumers.


Agents and brokers can act as e-intermediaries for internet sales.


Agents and brokers have extensive knowledge of the markets and merchandise.


Agents and brokers encourage syndicated selling.

Answers

The advantage of using agents and brokers when a firm does not have its own sales force is that the agents and brokers have extensive knowledge of the markets and merchandise. Hence, Option D is correct.

Who are the agents and brokers?

Brokers and agents are the people who are used by manufacturers for the possession of their goods in the market. They are the key source for such manufacturers who want to make their products easily available in the market.

The key role of the brokers and the agents is to bring in new buyers or clients for the company. They are hired by the companies as their representatives in front of the buyers.

As the agents and the brokers have a deep knowledge of the local market, it makes it easy for companies who do not have their own sales force to hire agents and brokers to sell their products in the market.

Therefore, Option D: Agents and brokers have extensive knowledge of the markets and merchandise.

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We may request personal information when you register to receive additional information ________ our products and services.
A. regards
B. regarded
C. regarding
D. regarding to

Answers

Regarding because it makes sense

Answer:

D) Regarding to

A hierarchical listing of what must be done in a project is called a: Multiple Choice work breakdown structure (WBS). PERT. planning matrix. crashing plan. critical path.

Answers

A hierarchical listing of what must be done in a project is called: work breakdown structure (WBS).

During the course of a project, a work breakdown structure is compiled that states the various stages in the course of the project. These stages are broken down into manageable bits.

Tasks and subtasks are included so that the engineers know where they are in the course of the project.

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i shall give the right answer brainliest A. Encode the following decimal fractional value to binary floating point notation using the 8-bit floating-point format. -3.5 If you move two objects with opposite charges apart, what happens to the potential energy between them? Explain your response. &When citing lines in a play, what is the correct order?Act, Scene, Line(s)Line(s), Scene, ActsScene, Line(s) ActAct. Line(s), Scene 4. Economists measure opportunity costA. only when it is on the margin.B. as the best thing given up.C. as the sum of all forgone opportunities.D. as the same as marginal benefit. Which 4 statements regarding the chart of accounts are true?. Look at the paragraphs that begin on page 1 andend at the top of page 3. How do these threeparagraphs provide structure for the passage?John F Kennedy was the thirty-fifth prouident of the UnitedStates in January 1961 when Kennedy gove this speech athis inauguration as president, the Cold War was ragingbetween the United States and the Soviet Union Fear ofcommunism and its threat to democratic principles woswidespread, and people feared that deadly nuclearweapons could be used of any momentJohn F. Kennedy's InauguralAddressby comparing modern ideals to the ideals of thenation's foundersby presenting a narrative tale of hardship andsurvivalWe observe today not a victory of party but acelebration of freedom-symbolizing an endas well as a beginning-signifying renewal aswell as change. For I have sworn before youand Almighty God the same solemn oath ourforbears prescribed nearly a century andthree quarters ago.by explaining the causes of modern Americanrevolutionsby detailing the process by which political partiesdevelop2 3 4 5 6 The controls the materials that enter andleave the cell. The price of an item has been reduced by 20% The original price was $32 find the price of the item now. 100 POINTS & BRAINLIEST. HELP PLEASE!!! Use the story below to answer the question below. Describe Kinku 's reaction when Kijana found a wife. how many people in the world Becky belongs to a culture in which arriving early is thought to be impolite. What would a conventionalist call this action in Becky's culture Which are the intercepts of the equation y+2=4(x+1) ? swami vivekananda paragraph in 200 words Select the correct answer.Which equation best models the set of data shown in this table?0246008101214161811192735374044454852OA. y = 11v 0.3 + 4.3OB.y = 1177 + 0.3 4.3O c.y = 23 + 17OD. y = 2.3 17 Answers to the pretest of social studies1.C2.C3.B (not actually positive this is right)4.A (same with 3. not positive)5.B6.C7.A8.C and E (probobly)9.B10.D Add comma(s) where needed, if needed.My birthday October 31 2005 is on Halloween.My birthday October 31 2005 is on Halloween. (no change)My birthday October 31, 2005, is on Halloween.My birthday October 31, 2005 is on Halloween.My birthday, October 31, 2005, is on Halloween. What number is the arrow pointing to? The difference of x and 15 is 62. Solve for x