Cost Accounting: A Managerial Emphasis, 15th Edition
Cost Accounting: A Managerial Emphasis, 15th Edition
15th Edition
ISBN: 9780133803815
Author: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
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Chapter 12, Problem 12.29E

1.

To determine

To calculate: The amount and cost of unused software-implementation support capacity

Given information:

Actual units of capacity at starting of 2013 is 70 units

Actual job units used to produce the output in 2013 is 55 units.

2.

To determine

To calculate: The maximum amount of cost that C could save in 2013 by downsizing software-implementation support capacity.

Given information:

Price per unit of capacity is $3,600

Downsizing the software-implementation support capacity by 15 units

3.

To determine

To identify: The reason not to downsize the capacity

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Hi expert please give me answer general accounting question
Howard James started a business in 2011 in Jamaica and has been operating in the wholesale/retail industries, where he buys and sells household items to the local market. In 2012, he expanded his business operations and opened two other businesses in Trinidad and Tobago and Antigua and Barbuda, respectively. The annual sales of the respective businesses in 2015 are: Jamaica: J$3,000.00 Trinidad and Tobago: TT$251,000.00 Antigua and Barbuda: $299.00 Mr. James failed to register his business for VAT/GCT as specified by the respective Sales Tax Acts and Regulations. He stated that there is no need for his businesses to be registered because their sales are under the VAT thresholds and thus not required to be registered. a) You are to advise Mr. James if his decision not to register his businesses is justifiable. b) Search the respective VAT Acts for the 3 countries and advise Mr. James of the benefits of being a registered taxpayer; also the penalties for not registering for VAT/GCT.
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