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Homework answers / question archive / QUESTION 8 Mia contributes $2,000 to a complying superannuation fund on behalf of her husband Lucas

QUESTION 8 Mia contributes $2,000 to a complying superannuation fund on behalf of her husband Lucas

Accounting

QUESTION 8

Mia contributes $2,000 to a complying superannuation fund on behalf of her husband Lucas. Lucas’ assessable income for the year was $40,000. What is the amount of the spouse contribution offset allowed to Mia?

   

$360

   

$540

   

$0

   

$720

Direct material cost and direct labor cost are a part of: a. product costs. b. nonmanufacturing costs. C. selling costs. d. administrative costs.

 

 

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