1. Tax Schedule Taxable Income Marginal Tax Rate
first $25,000 10%
from $25,000 to $75,000 15%
from $75,000 - $125,000 20%
from $125,000 - $175,000 25%
over $175,000 30%
Jim Schmeckems, a single head of household, had an annual income of $200,000. There were no exclusions or adjustments for tax purposes. The exemptions for Jim and his dependents total $10,000. His total itemized deductions amount to $26,000. The total standard deduction for his household is $12,500. Use the tax tables above to compute Jim's tax liability.

2. Refer to the previous question. What if Jim had received a $15,000 commission check at the end of the year. How much in additional taxes would he owe?

3. Suppose the AMT were calculated in the following (oversimplified) way: 14.8% of AGI. What would Jim's tax liability be in this case as described in question 20

Email viruses are typically launched by people who modify header information to hide their identity. brightmail's enrique salem says that in the future, your email reader will authenticate the sender before putting hte message in your inbox. that way, you will know the source of all the emails you read. alan nugent of novell says, "i'm kind of a fan of eliminating anonymity if that is the price for security." will eliminating anonymity make computers more secure?

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

During the year, the delph company had no beginning or ending inventories and it started, completed, and sold only two jobs—job d-75 and job c-100. it provided the following information related to those two jobs: job d-75: molding fabrication total direct materials cost $ 375,000 $ 325,000 $ 700,000 direct labor cost $ 200,000 $ 160,000 $ 360,000 machine-hours 15,000 5,000 20,000 job c-100: molding fabrication total direct materials cost $ 300,000 $ 250,000 $ 550,000 direct labor cost $ 175,000 $ 225,000 $ 400,000 machine-hours 5,000 25,000 30,000delph had no overapplied or underapplied manufacturing overhead during the year. assume delph uses a plantwide overhead rate based on machine-hours.1-a. compute the predetermined plantwide overhead rate.1-b. compute the total manufacturing costs assigned to job d-70 and job c-200.1-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 1-d. what is delph's cost of goods sold for the year? assume delph uses departmental overhead rates based on machine-hours.2-a. compute the predetermined departmental overhead rates.2-b. compute the total manufacturing costs assigned to job d-70 and job c-200.2-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 2-d. what is delph's cost of goods sold for the year?