Answer:
When making a major purchase, first determine your <u>net
</u> income by subtracting the deductions from your gross pay.
Explanation:
In business and accounting, net income is an entity's income minus cost of goods sold, expenses and taxes for an accounting period.
Propone dondthe demos dkkdndi
This type of demand is classified as autonomous demand. Autonomous demand does not depend on other products but is due to increase in consumer usage by natural desire. This type of demand is relative to the needs of the consumer.
Answer:
the remaining budget for other expenses = 1/8 of the total budget
Explanation:
Since the city's administrative personnel expenses are 1/8 larger than both maintenance expenses and safety expenses, it means that safety expenses are equal to maintenance expenses.
Since maintenance expenses are 1/4 of the total budget, safety expenses are also 1/4 of the total budget.
Administrative personnel expenses are 1/8 higher, so that means that they equal 1/4 + 1/8 of the total expenses.
If we add the three categories = 1/4 + 1/4 + (1/4 + 1/8) = 7/8
So the remaining budget for other expenses = 1 - 7/8 = 1/8 of the total budget
Answer:
CC100 has $31.25 per hour
CC11O has $250 per hour
CC120 has $62.5 per hour
CC190 has $62.5 per hour
Explanation:
The IDC rate for each department would be the department IDC allocated divided by operating hours as shown below:
CC100
IDC rate=$25,000/800=$31.25 per hour
CC110
IDC rate=$50,000/200=$250 per hour
CC120
IDC rate=$75,000/1200=$62.5 per hour
CC190
IDC rate=$100,000/1600=$62.5 per hour
Judging from the IDC rates of the departments,department CCC110 seems to have the highest IDC rate per hour,which implies that each hour is charged with $250 against the CC100 where each operating hours is just $31.25.
The higher the IDC rate in a department the higher the cost of the output of that department since the cost has to be recovered from output.