Answer:
Total fixed cost= $9,200
Explanation:
Giving the following information:
variable costs= $0.80 per unit.
production= 27,000 units
The total production costs incurred were $30,800.
First, we need to calculate the total variable cost at the production level of 27,000 units.
Total variable cost= 0.8*27,000= $21,600
Total cost= total fixed cost + total variable cost
30,800= total fixed cost + 21,600
Total fixed cost= 30,800 - 21,600
Total fixed cost= $9,200
Answer:
Gross bonus=$1,148.54
FIT=252.68
OASDI=71.21
HI =16.65
MASS. TAX=58.00
Explanation:
Calculation for the withholding taxes and the gross amount of the bonus
Calculation for gross amount of the bonus
Gross amount of the bonus= [$750/ (1- 0.22 - 0.062 - 0.0145 - 0.0505] - 0.01
Gross amount of the bonus= [$750/ (0.78 - 0.062 - 0.0145 - 0.0505] - 0.01
Gross amount of the bonus= [$750/ 0.653] - 0.01
Gross amount of the bonus=1,148.545-0.01
Gross amount of the bonus=$ 1,148.54
Therefore the Gross amount of the bonus will be $ 1,148.54
Calculation for the withholding taxes
FIT =1148.54 * 22%
FIT=252.68
OASDI= 1148.54 * 6.2%
OASDI=71.21
HI=1148.54 * 1.45%
HI =16.65
MASS. TAX =1148.54 * 5.05%
MASS. TAX =58.00
NET 750.00
[$1,148.54-(252.68+71.21+16.65+58.00)]
Therefore the withholding taxes are:
FIT=252.68
OASDI=71.21
HI =16.65
MASS. TAX = =58.00
Which of the following statements about federal student loans is true?
A) the interest rate on your loan will be fixed over time.
B) the interest rates on federal loans and private loans are similar.
C) you can only get federal student loans if you demonstrate financial need.
D) you do not accumulate interest on federal loans.
I think the correct answer from the choices listed above is option A. The statement that is true about federal student loans would be that the interest rate on your loan will be fixed over time. Hope this answers the question. Have a nice day.
Interview helps to select the best fit for a Job.
<h3>What is interview?</h3>
Interview is usually an interactive sessions between an intending employee and the human resources personnel.
The sessions is to know if the individual is the best fit for a job.
Therefore, Interview helps to select the best fit for a Job.
Learn more on interview here,
brainly.com/question/25609130
#SPJ1
Answer:
The statement is: False.
Explanation:
The United States Pendleton Civil Service Act, effective from 1883, is legislation that established fair practices while employing individuals. The Act was named after Senator George H. Pendleton (1825-1889) states that employers must provide applicants job positions based on their merit instead of their political party affiliation.
Thus, <em>the Civil Service Act was enacted in the 19th century, not the 20th</em>.
