The supplies account had a balance of $900 at the beginning of the year and was debited during the year for $2,342, representing the total of supplies purchased during the year. If $2,808 of supplies are on hand at the end of the year, the supplies expense to be reported on the income statement for the year is

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above

One of the benefits of a well designed ergonomic work environment is low operating costs is true or false