The Manager of Weiser Is Given a Bonus Based on Net

question 99

Multiple Choice

The manager of Weiser is given a bonus based on net income before taxes.The net income after taxes is $59,500 for FIFO and $49,000 for LIFO.The tax rate is 30%.The bonus rate is 20%.How much higher is the manager's bonus if FIFO is adopted instead of LIFO?

• A)$15,000
• B)$21,000
• C)$3,000
• D)$10,500

---

Definitions:

Welfare Recipients

Individuals or households that receive government assistance to help meet their basic needs.

Moral Regulatory Practices

Actions and policies implemented by authorities or societies to enforce norms and behaviors considered morally acceptable, often through legal or social mechanisms.

Social Controls

Mechanisms, strategies, and techniques employed by individuals and societies to regulate behavior and ensure conformity and compliance to norms and laws.

Informal

Pertaining to actions or processes that occur outside of formal structures and established rules, often characterized by personal or casual interactions.