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2 years ago

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

Business

1 answer:

arsen [322]2 years 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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In analysis of variance, ms between-groups provides a measure of ____.

Reptile [31]

ms between-groups provides a measure of Variance.
In this context, MS stands for the Mean Square within the Group. This symbolized the variance that created because of the differences within individual samples after considering its degrees of freedom and the weighted average of the variance.

4 0

2 years ago

On July 1, Year 1, Yellow Rose Corp. paid $25,000 cash for a machine and paid an additional 8% sales tax. On the same date, an e

Lina20 [59]

Answer:

Journal entries are given below

Explanation:

July 1, Year 1 (Yellow Rose Corp. purchased a machine)

DEBIT CREDIT

Machine $28,000

Cash $28,000

Working

Cost of machine = Purchase price + Sales tax + Installation

Cost of machine = $25,000 + $2,000 + $1,000

Cost of machine = $28,000

Depreciation for year 1 (October to December)

DEBIT CREDIT

Depreciation Expenses $1,300

Accumulated Depreciation $1,300

Working

Annual Depreciation expense = (Cost - salvage value) / useful life

Annual Depreciation expense = (28000 - 2000) / 5 = $5,200

Depreciation for 3 months

Depreciation = $5,200 x 3/12

Depreciation = $1300

Sale of the machine

DEBIT CREDIT

Cash $14,000

Loss on Sale $7,500

Accumulated Depreciation $6,500

Machinery $28,000

Workng

Gain/Loss on sale = Sale proceed - carrying value

Gain/Loss on sale = 14,000 - 21,500

Loss on sale = $7,500

Carrying value = Cost - Accumulated depreciation

Carrying value = 28,000 - 6500 = 21500

Accumulated depreciation = $1,300 + $5,200 = $6,500

7 0

2 years ago

A local regulator has calculated the average cost of production for the public water utility. Theregulator has allowed an adjust

Varvara68 [4.7K]

Answer:

A. cost-plus regulation

Explanation:

When a local regulator calculates the average cost of production for the public water utility or any other service and allow an adjustment for the normal rate of profit the firm should expect to earn, and then set the price that consumers can be charged accordingly, this is known as cost-plus regulation.

It is usually carried out by the government.

8 0

2 years ago

Firms in Japan often employ both high operating and financial leverage because of the use of modern technology and close borrowe

tekilochka [14]

Answer:

combined degree: 3,5385

Explanation:

degree of operating leverage:

$\frac{contribution}{EBT}$

contribution: Q (sales - variable cost)

150,000 x (30 - 7) = 150,000 x 23 = 3,450,000

EBT = contribution - fixed cost - interest expense

3,450,000 - 2,050,000 - 425,000 = 975,000

$\frac{contribution}{EBT}$

$\frac{3,450,000}{975,000}$

combined degree: 3,5385

3 0

2 years ago

Managers for an organic grocery chain were deciding whether to open a new store in a neighborhood currently unserved by any comp

dem82 [27]

Answer:

Managers for an organic grocery chain were deciding whether to open a new store in a neighborhood currently unserved by any competitors. One manager felt that the lack of competitive presence was an opportunity to capture the newest customers. Another manager viewed the lack of a competitor in the area as an indicator that the local community may not be interested in organic products. This difference in perspective illustrates the concept of Management.

Explanation:

The art of getting things done through others in an orderly and effective manner is referred to as management. It is the process of getting things done through others with the help of some basic activities like planning, organizing,directing, coordinating and controlling.

Managers were proposing different ideas on how to achieve a goal, which is to decide whether to open a new store in a neighborhood currently unserved by any competitors, thus, the difference in their perspective illustrates the concept of Management.

8 0

2 years ago

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