Based on the following production and sales data of Jackson Co. for March of the current year. Product T Product XEstimated inventory, March 1 26,000 units 18,000 unitsDesired inventory, March 31 32,000 units 15,000 unitsExpected sales volume: Area I 320,000 units 260,000 unitsArea II 190,000 units 130,000 unitsUnit sales price $4 $12 a. Prepare Sales budget. Jackson Co. Sales BudgetFor Month Ending March 31, 20XX Product and Area Unit Sales Volume Unit Selling Price Total SalesProduct T: Area I $ $Area II Total $Product X: Area I $ $Area II Total $Total revenue from sales b. Prepare a production budget. Jackson Co. Production BudgetFor Month Ending March 31, 20XXProduct T (units) Product X (units)Sales Plus desired ending inventory, March 31, 20XX Total Less estimated beginning inventory, March 1, 20XX Total production

Aprofessional does specialized work that's primarily: degree based. medical or legal. well paying. intellectual and creative

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.