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miskamm [114]
2 years ago
6

George saves 18% of his total gross weekly earnings from his 2 part-time jobs. he earns $6.25 per hour from one part-time job an

d $7.50 per hour from the other part-time job. george works a total of 40 hours between the two jobs each week. what additional information is needed to determine the amount of his earnings he saves each week? the number of days he works at each job the number of hours he works at each job the number of hours he works each day the number of hours he works each week no further information is needed
Business
2 answers:
mote1985 [20]2 years ago
8 0
The correct answer is - the number of hours he works at each job.
If we have the number of hours he works for each job separately, then we will be able to take out a percentage of the earnings from both of the jobs separately. We will than get the sum of the percentages if both of them, and have the real amount of George's weekly savings.
stepladder [879]2 years ago
6 0
  • George's total salary in one week is $ 550
  • George works 80 hours per week from 2 part-time jobs
  • And George saves 18% of $ 550 which is $ 99
  • George could have spent 5 days per week working
  • George works 16 hours a day for 2 job

<h2>Further explanation </h2>

The first salary is $ 6.25 / hour x 40 hours / week = $ 250

The second salary is $ 7.50 / hour x 40 hours / week = $ 300

One week is equal to 24 hours x 7 days = 168 hours

George works 80 hours a week, he has 168-80 = 88 hours of free time

George saves 18% from $ 550, 550x18% = $ 99

Work is a relationship that involves two parties between the company and workers/employees. The workers will get a salary as compensation from the company, and the amount depends on the type of profession that is done.

Side jobs can be interpreted as work that is other than the main work. This work is done after the main work is finished.

Part-time Workers are part-time staff, ie workers who work for only part of the normal working time or working day, for example, someone who is appointed as expert staff or another position in a company that only works for three days a week.

Learn More

part-time jobs brainly.com/question/9831180

salary count development brainly.com/question/9831180

Details

Class: High School

Subject: Business

Keywords: Salary, Part-Time, Jobs

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There are 100 consumers, each of whom values a concert ticket at a unique whole number dollar amount between $1 and $100. One cu
Angelina_Jolie [31]

Answer:

The consumer surplus $3612.5.

Explanation:

There are 100 consumers. They value the concert tickets between $1 to $100. The sale price of the tickets is $15. At this price unlimited tickets are available.

The number of people who will purchase tickets

= 100 - 15

= 85

This is the equilibrium quantity of tickets.

The consumer surplus is the difference between the price that the consumer is willing to pay and what he has to actually pay. It can be found by calculating area between the market price and the demand curve.

Consumer's surplus

= \frac{1}{2} \ \times\ (100-15)\ \times 85

= \frac{1}{2} \ \times\ 85\ \times 85

= $3612.5

=

4 0
1 year ago
Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting D
andreyandreev [35.5K]

Answer:

(E) 225,000; 195,000

Explanation:

Provided information,

Method used = FIFO

Provided units in opening as well as closing are 100% complete with respect to materials.

Opening = 50,000 units for $70,500 which were 100% complete with respect to material

During the month = 225,000 units for $342,000

Since both are 100 % complete for materials

Equivalent units for materials for the month = 225,000 = 225,000 units

Provided for conversion cost

Opening = 50,000 which is 40% complete, that means 60% was not complete which is completed during the month

= 50,000 \times 60 % = 30,000 units during the month

225,000 units newly added this month out of which 150,000 units are completed

Remaining 75,000 units are 20% complete for conversion cost = 75,000 \times 20% = 15,000 units completed.

Equivalent units completed during the month = 30,000 from opening + 150,000 + 15,000 = 195,000 units

Therefore correct option is

(E) 225,000; 195,000

8 0
2 years ago
Schnusenberg Corporation just paid a dividend of D0 = $0.75 per share, and that dividend is expected to grow at a constant rate
valkas [14]

Answer:

$9.74

D0 $0.75

b 1.70

rRF 4.5%

rM 10.5%

g 6.5%

D1 = D0(1 + g) =$0.7988

rS = rRF + b(rM - RRF) =14.7%

P0 = D1/(rS - g)=$9.7

Explanation:

5 0
2 years ago
Griffin and Rhodes formed a partnership on January 1, 2009. Griffin contributed cash of $120,000 and Rhodes contributed land wit
Tresset [83]

Answer:

correct option is B. $15,000

Explanation:

given data

contributed cash = $120,000

Fair Value of land = $160,000

originally paid = $90,000

Sale value of land = $190,000

to find out

how much of the gain from sale of land should be credited to Griffin for financial accounting purposes

solution

gain on sale is here as

gain on sale = Sale value of land - Fair Value of land -

Gain on sale of land = $190,000 - $160,000

Gain on sale of land = $30000

split the $30000 between the equal partners for a total gain credited to Griffin

total gain credited to Griffin = $15000

so correct option is B. $15,000

6 0
1 year ago
EZ Rental Car offers rental cars in an off-airport location near a major tourist destination in Florida Management would like to
trapecia [35]

Answer:

I used an excel spreadsheet to calculate this:

the least squares regression line:

y = a + bx

y = $2,937 + 3.96x

where y = total cash wash costs and x = rental returns

fixed costs = $2,937 per month

variable cost = $3.96 per car washed            

Download pdf
8 0
2 years ago
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