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pshichka [43]
2 years ago
15

The Revenue for the week is $2000, and labor cost consists of two workers earning $8 per hour who work 40 hours each, what is la

bor cost as a percentage of Revenue?
Mathematics
1 answer:
kkurt [141]2 years ago
8 0

8*40 = 320 * 2 = $640 for the 2 workers

640/2000 = 0.32

labor cost is 32% of the revenue

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Hariette would like to review the income and expenses that were actually paid last month so she can determine how much to set as
Brrunno [24]

Answer:

Hybrid basis

Step-by-step explanation:

There are different methods of accounting used by businesses depending on their peculiar needs. Below are the type of accounting methods:

- Cash basis is when revenues and expenses are recognised when cash is recieved or paid out.

-Accrual basis is when revenue and expenses are recognised when they are earned. For example if services are rendered to a client that will pay in a week's time, since service has already been given it is considered that the future payment has been earned.

- Modified basis combines elements of cash and accrual basis. For example considering short term assets like accounts receivable and accounts payable as cash items. Long term assets are recorded on accrual basis.

- Hybrid basis is used when cash and accrual methods are used for various expenses and tax. Mostly it is used for internal accounting purposes.

In this scenario Hariette would like to review the income and expenses that were actually paid last month. This requires a cash basis that shows actual amount recieved and paid last month. Account receivable and payable are not considered.

In setting aside money for tax she will employ accrual basis accounting. It is an expense that is estimated for future use.

So the hybrid basis is the method that will be most suitable.

5 0
2 years ago
A recipe for a dessert for 6 people requires 120g of sugar. How much sugar would I need for a dessert 9 people?
zzz [600]

Answer:

180g of sugar

Step-by-step explanation:

3 0
2 years ago
Read 2 more answers
Angle PSR measures 99°. Point S has three lines extending from it. One line extends to point P, another to point Q, and the othe
liberstina [14]

Answer:

45 degree

Step-by-step explanation:

We are given that

Angle PSR=99 degrees

Angle PSQ=(3x+18) degrees

Angle QSR=(9x-27)degrees

According to question

Angle PSR=Angle PSQ+angle QSR

Substitute the values

99=3x+18+9x-27

12x-9=99

12x=99+9=108

x=\frac{108}{12}=9

Substitute the value of x

Angle PSQ=(3(9)+18)=45^{\circ}

Hence, the measure of angle PSQ=45 degree

4 0
2 years ago
Read 2 more answers
A psychologist is collecting data on the time it takes to learn a certain task. For 50 randomly selected adult subjects, the sam
tatuchka [14]

Answer: (15.263,\ 17.537)

Step-by-step explanation:

According to the given information, we have

Sample size : n= 50

\overline{x}=16.40

s=4.00

Since population standard deviation is unknown, so we use t-test.

Critical value for  95 percent confidence interval  :

t_{n-1,\alpha/2}=t_{49, 0.025}= 2.009575\approx2.010

Confidence interval : \overline{x}\pm t_{n-1, \alpha/2}\dfrac{s}{\sqrt{n}}

16.40\pm (2.010)\dfrac{4}{\sqrt{50}}\\\\=16.40\pm1.13702770415\\\\=16.40\pm1.1370\\\\=(16.40-1.1370,\ 16.40+1.1370)\\\\=(15.263,\ 17.537)

Required 95% confidence interval :  (15.263,\ 17.537)

8 0
2 years ago
The basketballs Noah packed had two different prices. Of the total number of basketballs sold, 60% had a price that was $21 more
kirill115 [55]

Answer:

$(8967/n + 8.4)

Step-by-step explanation:

0.4nx + 0.6n(x+21) = 8967

nx + 12.6n = 8967

x = 8967/n - 12.6

x+21 = 8967/n + 8.4

Where n is the no. of balls

Example: if total balls were 300

n = 300

More expensive one would cost:

8967/300 + 8.4 = $38.29

8 0
2 years ago
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