Sarah, sue, and as inc. formed a partnership on may 1, 20x9 called ssas, lp. now that the partnership is formed, they must determine its appropriate year-end. sarah has a 30% profits and capital interest while sue has a 35% profits and capital interest. both sarah and sue have calendar year-ends. as inc. holds the remaining profits and capital interest in the lp, and it has a september 30 year-end. what tax year-end must ssas, lp use for 20x9 and which test or rule requires this year-end?

For each example identify the most appropriate ctso

Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)