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For the Past Few Years,Corey's Filing Status Has Been as Follows

question 11

Essay

For the past few years,Corey's filing status has been as follows: 2012 (married/joint);2013 (married/separate);2014 (surviving spouse);2015(surviving spouse);and 2016 (head of household).Explain what probably has happened.


Definitions:

Incremental Analysis

Incremental Analysis is a decision-making tool used to compare the additional costs and benefits of one option over another, ignoring costs and benefits that are unchanged between options.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent and salaries.

Variable Departmental Costs

Costs that vary directly with the level of output or activity within a specific department of a company.

Incremental Profit

The additional profit derived from making changes to the business operations, such as increasing production or sales.

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