A taxpayer's at-risk amount in an activity is increased by: cash contributions to the activity. a reduction in the amount of debt related to the activity that the taxpayer is responsible for paying. cash contributions to the activity and Cash distributions from the activity. cash distributions from the activity. a reduction in the amount of debt related to the activity that the taxpayer is responsible for paying and cash contributions to the activity.

12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)

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