Answer:
taxable income per pay period = $1,637.50
Explanation:
first we must determine Yvette's pay per period. Since she is paid semimonthly, that means she gets paid twice a month = $42,000 / (12 x 2) = $42,000 / 24 pay periods = $1,750 per pay period
her 401 (k) contributions = $1,750 x 3% = $52.50
her medical premium = $60
taxable income per pay period = $1,750 - $52.50 - $60 = $1,637.50
Answer:
solar panel repair technician
: apprenticeship.
petroleum engineer: college degree
industrial production manager
: college degree
plumber
: apprenticeship.
landscape architect
: apprenticeship.
security installer: apprenticeship.
Answer:
Contribution margin= $15
Explanation:
Giving the following information:
Sales May in units:
Budget:
Tulips= 4,950
Geraniums= 3,300
Actual:
Tulips= 4,420
Geraniums= 4,080
Contribution margin:
Budget:
Tulips= $11
Geraniums= $21
Actual:
Tulips= $12
Geraniums= $19
We need to calculate the budgeted contribution margin per composite unit.
First, we need to calculate the percentage of sales for each plant.
Total units= 8250 units
Tulips= 4950/8250= 0.6
Geranius= 3300/8250= 0.4
Contribution margin= (0.6*11)+(0.4*21)= $15
Answer:
The correct answer is C
Explanation:
Break even Sales is computed as:
Contribution margin ratio = Fixed Cost / Break even Sales
where
Contribution margin ratio = 1 - Variable expense of 80%
= 20%
Fixed Cost is $840
30% = $840 / Break even Sales
Break even Sales = $840 / 20%
= $4,200
The actual sales is computed as:
Actual Sales = (Fixed Cost + Desired Profit) / Contribution margin ratio
= ($840 + $6,600) / 20%
= $7,440 / 0.2
= $37,200
The margin of safety is computed as:
Margin of Safety = Actual Sales - Break even sales
= $37,200 - $4,200
= $33,000
Non-price rationing system is commonly done by queuing (to resolve rationing problems brought by price ceilings) and by coupons (to restore buyer equilibrium). Favored customers who received special treatment from dealers when there is an excess demand, which means: owners giving goods and services to their friends, is another non-price rationing mechanism. I hope that this is the answer that you were looking for and it has helped you.
