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1 year ago

Based on the information given In the following problem , compute the gross pay

Business

1 answer:

arsen [322]1 year ago

3 0

Answer:

The gross pay of employee is $1307.60 per month

Explanation:

Regular salary of employee = $1,100 per month

Overtime rate per hour = $10.38

Overtime to be paid for no. of hours = 20

So, Total overtime = $10.38 \times 20$

Total overtime =$207.6

Gross pay of employee = Regular salary + Overtime

Gross pay of employee =$1,100 +$207.6

Gross pay of employee =$1307.60 per month

Hence The gross pay of employee is $1307.60 per month

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The budget for Department 6 of Cardinal Company for the current month ending March 31 is as follows:

Hitman42 [59]

Answer:

a) Cardinal Company, department 6

Budget performance report

For the month ended march 31, 202x

Budget Actual Over Under

budget budget

Materials $208,000 $204,000 $4,000

Factory wages $265,000 $285,000 ($20,000)

Supervisory salaries $67,800 $63,600 $4,200

Depreciation P&E $35,000 $35,000 - -

Power and light $22,500 $21,360 $1,140

Insurance and $15,500 $14,400 $1,100

property taxes

Maintenance $9,700 $9,456 $244

Total $623,500 $632,816 ($9,316)

b) Factory wages were higher than budgeted by $20,000 or 7.55%, supervisory salaries were lower than budget by $4,200 or 6.19%, power and light were lower than budgeted by $1,140 or 5.07%, and insurance and property taxes were lower than budgeted by $1,100 or 7.1%

7 0

2 years ago

People’s experiences can aid them in their careers. Experiences are best described as

Dmitriy789 [7]

The answer is the fourth sentence, the collection of things a person has done. Hope I could help! :D

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1 year ago

Read 2 more answers

Susan quit her job as a teacher, which paid her $36,000 per year, in order to start her own catering business. she spent $12,000

meriva

The answer is D.
Continue to operate her business, and she is also in long run equilibrium.

4 0

2 years ago

Big Lots is able to compete against Wal-Mart with a cost leadership strategy because of its strengths in highly disciplined merc

OLEGan [10]

Answer:

A) ability of Big Lots to imitate Wal-Mart's tightly integrated activity map.

Explanation:

Competitive advantage of a company is it's ability to leverage on unique capabilities and resources to gain more market share than others.

In this instance Big Lots is competing favourably by imitating unique capability of Walmart which is highly disciplined merchandise cost and inventory management system.

A business can imitate another's strategy in order to better compete with them.

For example acquiring a company to increase scale of operations to match a competitor.

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2 years ago

Read 2 more answers

A consumer makes purchases of an existing product X such that the marginal utility is 10 and the price is $5. The consumer also

Novosadov [1.4K]

Answer:

Increase the consumption of product Y and decrease the consumption of product X.

Explanation:

Utility-maximizing rule states that a consumer is maximizing its utility at a point where the marginal utility per dollar spent equal for both the products.

Marginal utility per dollar for Product X:

$\frac{MU_X}{P_X}=\frac{10}{5}$

= 2 utils per dollar

Marginal utility per dollar for Product Y:

$\frac{MU_Y}{P_Y}=\frac{8}{1}$

= 8 utils per dollar

Here, the utility-maximizing rule suggests that this consumer should consume more of product Y and less of product X.

4 0

2 years ago