Beech company produced and sold 105,000 units of its product in may. for the level of production achieved in may, the budgeted amounts were: sales. $1,300,000; variable costs. $750,000: and fixed costs. $300,000. the following actual financial results are available for may. actualsales (105,000 units) $1,275,000variable costs 712,500fixed costs 300,000prepare a flexible budget performance report for may.

The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a.standard deductionb.itemized deductionc.personal exemptiond.none of these. all of these are from agi deductions

Companies under market structures are independent

The stock of grommet corporation, a u.s. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. grommet owns 95 percent of the outstanding stock of staple inc., also a u.s. company. staple owns 100 percent of the outstanding stock of clip corporation, a canadian company. grommet and clip each own 50 percent of the outstanding stock of fastener inc., a u.s. company. grommet and staple each own 50 percent of the outstanding stock of binder corporation, a u.s. company. which of these corporations form an affiliated group eligible to file a consolidated tax return?