Garcia Co. should sell each snowboard for $308.02 to achieve a 10% markup on the total cost per unit.
To calculate the selling price per unit, we need to determine the total cost per unit and then apply the markup of 10%.
First, let's calculate the total cost per unit:
Direct materials per unit = $112
Direct labor per unit = $42
Variable overhead per unit = $57
Fixed overhead per unit = ($659,000 ÷ 11,200 units) = $58.77
Fixed selling and administrative costs per unit = ($125,000 ÷ 11,200 units) = $11.16
Total cost per unit = Direct materials + Direct labor + Variable overhead + Fixed overhead + Fixed selling and administrative costs
Total cost per unit = $112 + $42 + $57 + $58.77 + $11.16
Total cost per unit = $280.93
Now, we can apply the markup of 10% to the total cost per unit to get the selling price per unit:
Markup price per unit = Total cost per unit x Markup percentage
Markup price per unit = $280.93 x 1.1
Markup price per unit = $308.02
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The most popular currency financial derivatives is a.Options b.Forwards c.Futures d.Swaps.
The most popular currency financial derivative is futures. However, it is important to provide a more detailed answer to fully explain why futures are the most popular.
Currency futures are contracts that are standardized in terms of size, expiration date, and underlying currency. They allow investors to buy or sell a currency at a predetermined price at a specific time in the future. This makes them a popular tool for hedging against currency risk or for speculating on currency movements.
One reason why futures are more popular than options, forwards, or swaps is that they are more liquid and easily traded. They are traded on exchanges around the world, which makes it easier for investors to buy and sell them quickly and at competitive prices.
Futures also offer greater transparency than other types of derivatives. Because they are traded on exchanges, their prices are publicly available and visible to all market participants. This makes it easier for investors to assess market trends and make informed decisions.
In addition, futures are often used by large institutions such as banks and hedge funds, which helps to increase their popularity and liquidity. Overall, while there are several types of currency financial derivatives available, futures are the most popular due to their liquidity, transparency, and widespread use by institutional investors.
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Homedwrer's Drductible And Lew Auto Deductibie Is O. 07, (Po Of Ail Such Irdivisuals). Mial Deạuctimle Torseemer's
The mail deductible for the homeowner is $0.07 (7% of all such individuals).
How is the homeowner's mail deductible calculated?The homeowner's mail deductible is calculated as 7% of the total value of all such individuals.
This means that if the homeowner is part of a group of individuals eligible for mail deductions, their deductible amount will be 7% of the total value.
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How many manufacturing companies are in the north Georgia area
Answer:in addition to being a right-to-work state, with low unionization rates (2.5%), our quality workforce is one reason why companies in automotive, machinery, and plastics industries are experiencing high job growth. Whether you are looking for engineering talent to further innovation in products or processes, or a skilled labor force to work on the plant floor, Georgia has the existing and future workforce to fulfill your hiring needs. Georgia is home to many companies with a history of innovation that has impacted their.
• Explain why investors would place a lower value on a stock if (a) its expected future cash flows were smaller; (b) its expected future cash flows were coming later; and (c) there was more risk associated with its expected future cash flows. • Illustrate using numbers, the relationship (positive or negative) between the PV and the (a) FV (b) number of periods and (c) the discount rate. • You wish to withdraw from your bank account $100 today and $200 next year and can earn 10% per year. Illustrate what one- time deposit you would have to make today in order to be able to make the desired withdrawals. Be sure to explain how you determined which exponents to use in this calculation.
Investors place a lower value on a stock if its expected future cash flows are smaller, or its expected future cash flows are coming later, and there is more risk associated with its expected future cash flows. The value of an asset today is the sum of the present values of the cash flows it is expected to generate in the future.
As a result, if future cash flows are expected to be smaller or occur further in the future, the present value of those cash flows will be lower, reducing the value of the asset today. Furthermore, if future cash flows are perceived to be riskier, their present value may be reduced even further.The relationship between the present value (PV) and the future value (FV) is negative, indicating that as the FV increases, the PV decreases. Furthermore, the relationship between the PV and the number of periods is negative, indicating that as the number of periods increases, the PV decreases.
Finally, the relationship between the PV and the discount rate is negative, indicating that as the discount rate increases, the PV decreases.If you want to withdraw $100 today and $200 next year and can earn 10% per year, you will need to deposit a one-time amount today. We can use the formula for the present value of an annuity to determine the necessary deposit amount:PV = C[1-(1+r)-n/r]Where PV is the present value, C is the cash flow amount, r is the discount rate, and n is the number of periods.
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on october 1, george jones entered into a contract with johnson motor company, a dealer in automobiles, to buy a car for $10,600. he paid $1,100 down and agreed to make monthly payments thereafter of $325 each. although he made the first payment on november 1, he failed to make any more payments. jones was seventeen years old at the time he made the contract, but he represented to the company that he was twenty-one years old because he was afraid the company would not sell the car to him if it knew his real age. his appearance was that of a man of twenty-one years of age. on december 15, the company repossessed the car under the terms provided in the contract. at that time, the car had been damaged and was in need of repairs. on december 20, george jones became of age and at once disaffirmed the contract and demanded the return of the $1,425 paid on the contract. when the company refused to do so, jones brought an action to recover the $1,425, and the company set up a counterclaim of $1,500 for expenses it incurred in repairing the car. who will prevail? why?
The liability for misrepresentation of age will prevail.
What is misrepresentation of age?In order to get a benefit or rights that might otherwise be denied to them, a person may misrepresent their age by lying to them or misleading them in another way. The charges for these kinds of offenses frequently read "Misrepresentation of Age by a Minor," as they are typically committed by juveniles. However, age fraud can happen in a variety of other contexts and can be carried out by a wide range of individuals or groups of individuals. Up to a year in jail and/or monetary penalties are possible for misdemeanor offenses. Due to the prevalence of minors as parties in these cases, the defendant may frequently be subject to juvenile-specific penalties, such as community service projects or time spent in juvenile detention.
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A source of money that allows individuals to pay for goods and services later is called.
A source of cash that permits people to pay for products and administrations afterward is called CREDITS.
What is advantage and impediment of source of money?
This sort of cash has the advantage of permitting a individual to pay when it is helpful for them, but it moreover has the drawback of permitting money related obligation to grow.
In financial matters and fund, credit is the certainty and assention between buyers and venders that permits the buyer to obtain items and administrations and pay for them afterward when he has the money.
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What is The College Scorecard?
O A recruiter website connecting potential employees with job openings
OA social media website to connect with companies for job shadowing
O A virtual job fair where many employers meet with job candidates
OA website outlining the cost of a college or certification program
Please help ASAP
The College Scorecard can be described as A website outlining the cost of a college or certification program.
What is the purpose of a College Scorecard?A college scorecard is an online tool or rather a website that is very useful for determining the the value that a university can give those who go to it, based on the cost of education at that university. The website is run by the United States government which created it during the Obama Administration to make it easier to decide the higher institution that one would like to go to.
The College Scorecard is quite handy because a prospective student can look at it to find out things like the cost of tuition, the graduation rate of people who go to the University, the employment rate of the graduates, and the average amount that students have to borrow to attend school.
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Jessica has just opened a shoe store. To operate her business, she orders her
shoes from a company. That company receives the shoes from a local
designer. What role does Jessica play in the distribution channel?
A. Jessica is a producer.
оо
B. Jessica is a wholesaler.
C. Jessica is a retailer.
O
D. Jessica is a storage provider.
Answer:
The answer is C
Explanation: Brainiest Would help! :D
Answer:
Answer: C Jessica is a retailer
Explanation:
RETAILERS are responsible for making goods convenient for consumers
to buy.
If you own a business that purchases other people's merchandise and sells
it in your shop you are known as a RETAILER.
1) Using the case to respond, assess three reasons why several international companies are recruiting (woo-ing) their executives from "Third Country Nationals" TCN’s
There are several reasons why international companies are recruiting Third Country Nationals (TCNs) for executive positions including cost-effectiveness, cultural knowledge and language proficiency
Cost effectiveness: Often, TCN's are willing to work for lower salaries than their counterparts in the home or host country. This can save the company a significant amount of money in terms of labor costs.Cultural knowledge: TCN's often have a deep understanding of the culture and customs of the host country, which can be invaluable for an international company. This can help the company navigate cultural differences and avoid potential pitfalls.Language proficiency: Many TCN's are multilingual, which can be a huge asset for an international company. Being able to communicate effectively with employees, customers, and other stakeholders in multiple languages is crucial for the success of a global business.Learn more about International companies:
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when a person has an internal locus of control, which leadership style will likely be best for them?
When a person has an internal locus of control, the type of leadership style that will probably be the best for them is self control or self management.
What is an Internal Locus Control?Internal Locus of Control refers to the personal perceptions that one's behaviour is depended on one's personal decisions and efforts. For example, a driver with an internal locus of control might blame his accident on their lack of driving skills, whereas drivers with an external locus of control may blame a faulty break or inappropriate driving by other driver.
Therefore, the correct answer is as given above
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Peggy grey's cookies has net income of $390. the firm pays out 40 percent of the net income to its shareholders as dividends. during the year, the company sold $84 worth of common stock. what is the cash flow to stockholders? multiple choice $240.00 $72.00 $122.40 $156.00 $234.00
The cashflows to stockholders therefor is A. $240.00.
How to calculate the cashflows of stockholders?The movement of cash into and out of a business over a specific time period is referred to as cash flow. It is the net amount of cash and cash equivalents that enter and leave a business over a specified time period, such as a month or a year.
Dividends paid to shareholders are computed as follows:
Dividends = net income multiplied by dividend payout ratio
Dividends = $390 divided by 0.40
Dividends equal $156.
The cash flow to stockholders can be calculated as the sum of dividends paid and proceeds from common stock sales:
Cash flow to stockholders = Dividends + Sale of common stock
Cash flow to stockholders = $156 + $84
Cash flow to stockholders = $240.00
As a result, the correct answer is A. $240.00.
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The function f(x) = 2,000(1 + )12t models the balance in a savings account.
The savings account had an initial balance of _ and compounds
_ at an interest rate of _
Answer:
In the exponential function f(x) = P(1 + )nt :
P = principal value
r = the annual interest rate
n = number of compounding periods in a year
t = time in years
For the given function, P = 2,000, r = 0.0225, or 2.25%, and n = 12. So, the interest compounds 12 times a year, or monthly.
Therefore, the savings account had an initial balance of $2,000 and compounds monthly at an interest rate of 2.25%.
Explanation:
Explanation from PLATO
certain balance sheet accounts of a foreign subsidiary of orchid company have been stated in u.s. dollars as follows: stated at current rates historical rates accounts receivable, current $ 271,000 $ 291,000 accounts receivable, long term 122,000 133,000 land 61,000 63,000 patents 89,000 94,000 $ 543,000 $ 581,000
The total should Orchid's balance sheet include for the preceding items $430,000.
Balance sheet:
Balance sheet refers the financial statement that contains details of a company's assets or liabilities at a specific point in time.
Given,
Here we have certain balance sheet accounts of a foreign subsidiary of Orchid Company have been stated in U.S. dollars as follows:
Stated at [Current Rates] [Historical Rates]
Accounts receivable, current. . . . . . . . . . . . . . . . . [$200,000] [$220,000]
Accounts receivable, long term. . . . . . . . . . . . . . . [100,000] [110,000]
Land. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [50,000] [55,000]
Patents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [80,000] [85,000]
Total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [$430,000] [$470,000]
And we need to find the total should Orchid's balance sheet include for the preceding items.
As we looking into the given balance sheet we have identified that the total should Orchid's balance sheet include for the preceding items
=> Total of current rate is $430,000
Where as the foreign currency is the functional currency, translation (rather than re-measurement) is required.
And all the assets accounts are translated at current rates.
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Q: Data privacy may not be applicable in which of the following
scenarios?
a. An app targered at children for
entertainment b. A platform developed purely for knowledge exchange with no
motive of fi
Given that no personal information is being gathered or shared on scenario 4's website, where knowledge is shown and anonymous access is allowed, data privacy laws might not apply.
Data privacy regulations are created to guard against unlawful access, use, or disclosure of personal data. These regulations can differ from one nation to another, but they typically call for businesses to put specific safeguards and procedures in place to secure the personal data they gather, use, or store.
The gathering and use of children's personal information may be governed by particular rules under scenario 1, which involves an app geared toward entertaining kids. Organizations must make sure they abide by these rules in addition to the basic data privacy laws because they may be stricter than those for adult users.
In case 2, a platform created solely for the exchange of knowledge without any consideration for financial data may not collect any personal information from users and hence may not be governed by data privacy rules. However, other rules and laws, including those governing intellectual property or online expression, may still apply to the platform.
In case three, a platform may be governed by the data privacy rules of the nation where the data subjects are located even when it is targeted at individuals from a nation with strict data privacy regulations. The platform will therefore need to make sure that they abide by such laws.
In case four, there might be no need to gather personal data from users because the website displays knowledge and permits anonymous access. As a result, the website could not be covered by laws governing data privacy. To ascertain the precise needs of your website or platform, it's crucial to speak with legal authorities.
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Correct question:
Data privacy may not be applicable in which of the following scenarios
1. an app targeted children for entertainment
2. a platform developed purely for knowledge exchange with no motive of financial info
3.a platform hosted in a country with no dp laws but targeted at the dat subject from a country with stringent law
4. a website demonstrate knowledge and allow anonymus access
Lauren has gross pay of $765 and federal tax withholdings of $68. Determine Lauren's net pay if she has the additional items withheld: Social Security tax that is 6. 2% of her gross pay Medicare tax that is 1. 45% of her gross pay State tax that is 22% of her federal tax a. $691. 52 b. $666. 21 c. $636. 98 d. $623. 52.
The correct statement is that the net salary of Lauren will be $623.52 after the deductions of tax withholding against her gross pay of $765.
So, the correct option that matches the statement quoted above is D. Calculations regarding the deduction of tax withholding are shown below.
Calculation of net salaryNet salary of Lauren can be calculated by subtracting all the given deductions from gross pay available in the hands of Lauren.
The withholding of taxes of Lauren will be calculated as,
\(\rm Security\ Tax= Gross\ Pay\ x\ rate\\\\\rm Security\ Tax= 765\ x\ 0.062\\\\\rm Security\ Tax= \$47.43\)
Calculating further,
\(\rm Medicare\ Tax\ = Gross\ Pay\ x\ rate\\\\\rm Medicare\ Tax\ = 765\ x\ 0.0145\\\\\rm Medicare\ Tax\ = \$11.09\)
and
\(\rm State\ Tax\ = Federal\ Tax\ x\ Rate \\\rm State\ Tax\ = 68\ x\ 0.22\\\\\rm State\ Tax\ = \$14.96\)
Now deducting the summation of tax withholding from the gross pay, we get net salary as,
\(\rm Net\ Pay= Gross\ Pay- Tax\ Withholding\\\\\rm Net\ Pay= 765-(14.96+11.09+47.43+68)\\\\\rm Net\ Pay= \$623.52\)
So, net pay of Lauren will be $623.52 for such period.
Hence, the correct option is D that the net salary of Lauren will be $623.52 after the deductions of tax withholding against her gross pay of $765.
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In how many ways can 3 different job openings be filled if there are 8 applicants?
There are 56 different ways to fill the 3 job openings with 8 applicants.
The number of ways to fill 3 different job openings with 8 applicants can be calculated using the concept of combinations.
In this case, we have 8 applicants and need to choose 3 of them for the job openings. The order of selection does not matter, as the job openings are considered different.
The formula for calculating combinations is:
C(n, r) = n! / (r! * (n - r)!)
where n is the total number of items (applicants) and r is the number of items to be selected (job openings).
Using this formula, we can calculate the number of ways as follows:
C(8, 3) = 8! / (3! * (8 - 3)!)
= (8 * 7 * 6) / (3 * 2 * 1)
= 56
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assume that we are loading llamas onto a flatbed truck, with a load carrying capacity of
14,084 lbs. if the weights of the llamas are moderately right skewed, with a mean of
365 pounds and a standard deviation of 15 pounds, what's the approximate probability
that the combined weights of 38 llamas will exceed the load carrying capacity of the truck?
To find the approximate probability that the combined weights of 38 llamas will exceed the load carrying capacity of the truck, we need to use the Central Limit Theorem (CLT) since we are dealing with a moderately right-skewed population.
CLT states that the sample mean of a sufficiently large sample size will follow a normal distribution, regardless of the shape of the population. In this case, 38 is a large enough sample size.
We can calculate the expected total weight of the 38 llamas by multiplying the mean weight (365 pounds) by the sample size (38), which equals 13,870 pounds. Since the standard deviation of the population is known (15 pounds), we can calculate the standard error of the mean using the formula: standard deviation/square root of sample size. Thus, the standard error of the mean for this sample is 15/sqrt(38) = 2.44 pounds.
To find the probability that the combined weights of 38 llamas will exceed the load carrying capacity of the truck (14,084 pounds), we need to standardize the expected total weight using the formula: z-score = (X - μ) / σ. In this case, X is the load carrying capacity of the truck (14,084 pounds), μ is the expected total weight (13,870 pounds), and σ is the standard error of the mean (2.44 pounds).
z-score = (14,084 - 13,870) / 2.44 = 87.7
Using a standard normal distribution table, we can find that the probability of a z-score greater than 87.7 is virtually zero. Therefore, the approximate probability that the combined weights of 38 llamas will exceed the load carrying capacity of the truck is extremely small.
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an amount of money an insurance company pays to a person who has previously deposited money with the company is called a pension.
The given statement is not completely accurate as a pension is a regular payment made by an employer to retired employees.
An amount of money that an insurance company pays to a person who has previously deposited money with the company is called an annuity.An annuity is an investment product that provides regular income payments in exchange for a lump sum or a series of payments made by an individual. These payments can begin immediately or at some point in the future. The income can be paid out for a set number of years or for the rest of the annuitant's life
An annuity is an insurance contract that provides guaranteed income for a specific period or for life. The amount of income received is determined by the initial deposit, the length of the payout period, and other factors such as interest rates and inflation. Annuities are typically used for retirement savings because they provide a steady stream of income that can help to cover living expenses in retirement. They are also used to provide income for beneficiaries after the annuitant's death. There are different types of annuities, including fixed annuities, variable annuities, indexed annuities, and immediate annuities. Fixed annuities offer a fixed interest rate and a guaranteed payout, while variable annuities allow for investment in mutual funds or other securities. Indexed annuities offer returns based on a specific stock market index, and immediate annuities provide a payout immediately after the initial deposit. An annuity can be a good option for individuals who are looking for a guaranteed source of income in retirement. However, it is important to carefully consider the terms and conditions of the annuity before making a purchase.
An annuity is a financial product that provides a guaranteed stream of income in exchange for an initial deposit. It is typically used for retirement savings and can provide a steady source of income that can help cover living expenses in retirement. There are different types of annuities available, including fixed, variable, indexed, and immediate annuities. Before purchasing an annuity, it is important to carefully consider the terms and conditions to ensure that it is the right option for your financial situation.
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A cooperative that produces value added products plans to take out a loan to buy a jam processing line. It would be $22,000 fully amortized over 6 years with an interest rate of 7.5%.
What would be the annual loan payment?
$1,650
$4,687
$3,747
$3,774
The annual loan payment for the jam processing line loan would be approximately $3,747.
To calculate the annual loan payment, we can use the formula for calculating the payment on a fully amortizing loan:
Payment = Loan amount / Present value annuity factor
Where:
Loan amount = $22,000
Interest rate = 7.5%
Loan term = 6 years
First, we need to calculate the present value annuity factor using the formula:
Present value annuity factor = (1 - (1 + interest rate)^(-loan term)) / interest rate
Present value annuity factor = (1 - (1 + 0.075)^(-6)) / 0.075
Present value annuity factor = 4.6055117
Now, we can calculate the annual loan payment:
Payment = $22,000 / 4.6055117
Payment ≈ $3,774.29
Rounded to the nearest whole number, the annual loan payment would be $3,747.
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Which of the following is associated with long chains of command, inefficient use of resources, and excessive attention to procedures and rules, as typified by large institutions (e.g. the Department of Justice).
Bureaucracy
C-suite (senior executives, e.g. COO, CEO)
Centralised authority
Administration
The answer choice which is associated with long chains of command, inefficient use of resources and excessive attention to procedures and rules is known as:
A bureaucracyWhat is Bureaucracy?This refers to a complex system which has different layers and requires a chain of command and the proper ways of doing things.
With this in mind, we can see that this is evidenced by the Department of Justice as it has different offices such as the office of the District Attorney, Prosecutor, etc.
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In preparing a company's statement of cash flows using the indirect method, the following information is available:Net income $ 52,000Accounts payable decreased by 18,000Accounts receivable increased by 25,000Inventories increased by 5,000Depreciation expense 30,000Net cash provided by operating activities was:
Answer:
Statement of cash flows using the indirect method
Net income $52,000
Adjustments to net income:
Depreciation expense $30,000Increase in accounts receivable ($25,000)Increase in inventories ($5,000)Decrease in accounts payable ($18,000) ($18,000)net cash flow provided by operating activities $34,000
aside from limiting professional options for nonwhite models, what is one consequence of the overrepresentation of white models in the fashion industry?
One consequence of the overrepresentation of white models in the fashion industry is the perpetuation of a narrow beauty standard that excludes people of color.
When only white models are featured in advertisements, runway shows, and editorial spreads, it sends the message that only those with Eurocentric features are considered beautiful and worthy of attention. This can lead to feelings of inadequacy and low self-esteem among people of color who do not fit this mold. It can also have wider societal implications, as it reinforces the notion that whiteness is the norm and anything outside of that is "other."
This can contribute to a culture of systemic racism and marginalization. Overall, the lack of diversity in the fashion industry can have a significant impact on how people of color are perceived and treated both within and outside of the industry.
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A 25-year, $1,000 par value bond has an 15% annual payment coupon. The bond currently sells for $905. If the yield to maturity remains at its current rate, what will the price be 5 years from now?
A977.20
B907.41
C930.11
D984.19
E906.86
The future price of the bond after 5 years will be approximately $901.49. None of the given options matches this value exactly, but the closest option is B. 907.41.
To determine the future price of the bond, we need to calculate the yield to maturity (YTM) and use it to discount the future cash flows. Given that the bond has a 15% annual payment coupon and a par value of $1,000, it means it pays $150 annually ($1,000 x 0.15).
To calculate the yield to maturity (YTM), we can use the current price of $905. The YTM is the discount rate that equates the present value of the bond's cash flows to its current price.
Using a financial calculator or Excel, we can find that the YTM for this bond is approximately 17.12%.
Now, let's calculate the future price of the bond after 5 years using the YTM:
Future price = (Future coupon payments + Future par value) / (1 + YTM)ⁿ
where:
Future coupon payments = Coupon payment x (1 + YTM)ⁿFuture par value = Par value / (1 + YTM)ⁿn = number of yearsPlugging in the values:
Future coupon payments = $150 x (1 + 0.1712)^5 = $317.86
Future par value = $1,000 / (1 + 0.1712)^5 = $584.22
Future price = ($317.86 + $584.22) / (1 + 0.1712)⁵ = $901.49
Therefore, option B. 907.41 is correct.
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What is innovation? (Media Literacy)
A. A groundbreaking idea, product, or method
B. A technological tool that drives hyperlinks
C. An exciting development in a story's plot
D. A story that nobody has ever heard before
Answer:
A. A groundbreaking idea, product, or method
Explanation:
Innovation refers to the process that leads to the formation of new ideas that has been been invented before. It refers to the fresh ideas that helps in attracting people inn terms of business. Idea generation helps in new development and thereby helps in the progress. The introduction of the idea from the existing resources helps in the formation of new ideas that take the shape of innovation.
At what 2 levels does the auditor assess the risk of material misstatement?
Calculate payroll.
An employee earns $30 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $545.
a. Determine the gross pay for the week.
b. Determine the net pay for the week
a. The gross pay for the week is $1650.
b. The net pay for the week is $981.25.
a. To determine the gross pay for the week, we need to calculate the regular pay for the first 40 hours and the overtime pay for the additional 10 hours.
Regular pay = Hourly rate * Regular hours
= $30 * 40
= $1200
Overtime pay = Hourly rate * Overtime hours * Overtime rate
= $30 * 10 * 1.5
= $450
Gross pay = Regular pay + Overtime pay
= $1200 + $450
= $1650
Therefore, the gross pay for the week is $1650.
b. To determine the net pay for the week, we need to consider the deductions for social security tax, Medicare tax, and federal income tax.
Social security deduction = Gross pay * Social security tax rate
= $1650 * 6.0%
= $99
Medicare deduction = Gross pay * Medicare tax rate
= $1650 * 1.5%
= $24.75
Federal income tax deduction = Federal income tax withheld
= $545
Total deductions = Social security deduction + Medicare deduction + Federal income tax deduction
= $99 + $24.75 + $545
= $668.75
Net pay = Gross pay - Total deductions
= $1650 - $668.75
= $981.25\
Therefore, the net pay for the week is $981.25.
Please note that the tax rates and deductions used in this calculation are based on the information provided in the question. The actual tax rates and deductions may vary depending on the individual's circumstances and tax laws in their jurisdiction.
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How much would you make for the YEAR at $23.08 per hour, worked 54 hours and do
get paid overtime? Round to the nearest cent.
Answer:$23.08/hour = $46,160/year
With a 40 hour work week and 50 weeks per year.
Explanation:
between a wage per hour and per year. Browse the table below to compare based on how many weeks you work every year and how many hours you work per week.
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
The person who overseas the direct work of employees and is responsible for a day to day tasks the employees complete is likely an...?
Answer:
operational manager.
Automatic vending, direct mail catalogs, tv home shopping, online retailing, telemarketing and direct selling are examples of:______.
The answer is Non-store Retailing.
Automatic vending, direct mail catalogs, tv home shopping, online retailing, telemarketing and direct selling are examples of Non-store Retailing .
What is Non-store Retailing?
Non-store retailing could be a frame of retailing in which a firm offers its items without a physical retail store/space. The firm offers its items by means of online stages and conveys the item to customer’s doorstep. Although companies have been doing non-store retailing for the past three or four decades, it rose to noticeable quality during the 21st century. In any case, non-store retailing isn't an normal line of trade by any implies. Firms these days are exchanging to non-store retailing since of its “unlimited” benefits.With the changes in customer’s inclinations, the non-store retailing commerce has developed monstrously amid the 21st century.To know more about Non-store Retailing visit:
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