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kirill [66]
1 year ago
9

An employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day. True or false?.

Business
1 answer:
padilas [110]1 year ago
7 0

It is true that an employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day.

A time ticket is used to track the hours for which an employee will be paid in the upcoming payroll. Employees' time tickets are reviewed and approved by a supervisor at the closing of each pay period. After which the payroll team use them to calculate the hours worked by an employee. This serves as a basis for calculating gross pay.

When an employee clocks in or out, they generally put a time ticket into a time clock that are printed in an oblong, thick paper shape. Usually time tickets are physical cards that are stamped with beginning and ending times of employees work days. The payroll accountant or bookkeeper creates time tickets after the pay month has ended.

To learn more about employee time ticket here

brainly.com/question/14338603

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Budgeted Actual Overhead cost $909,000 $884,000 Machine hours 55,000 46,000 Direct labor hours 101,000 98,000 Overhead is applie
LiRa [457]

Answer:

Missing word <em>"(b) Determine the amount of overhead applied for the year?"</em>

<em />

1. Predetermined overhead rate = Budgeted overhead / Budgeted direct labor hours

Predetermined overhead rate = $909,000 / 101,000

Predetermined overhead rate = $9 per DLH

2. Overhead applied = Actual hours * Overhead rate

Overhead applied = 98,000 * $9 per DLH

Overhead applied = $882,000

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3 years ago
There are two general types of franchises: product-distribution and __________ franchises.
givi [52]

There are two general types of franchises: product-distribution and business format franchises.

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3 years ago
Suppose that in 1984 the total output in a single-good economy was 7,000 buckets of chicken. Also assume that in 1984 each bucke
madreJ [45]

Answer:

A) What is the GDP price index for 1984, using 2005 as the base year?

  • the GDP price index using 2005 as base year = [($15 / $20) x 100] = 75

B) By what percentage did the price level, as measured by this index, rise between 1984 and 2005? ...percent.

  • the price level increased by: [(100 - 75) / 75] x 100 = 33.33%

C) What were the amounts of real GDP in 1984 and 2005?

  • In 1984, real GDP = $20 x 7,000 buckets =  $140,000 or we can also use another method = ($15 x 7,000) / 0.75 = $105,000 / 0.75 = $140,000. The answer using both methods should be the same.
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3 years ago
The demand for ski rentals falls when the price of lift tickets increases. This is an example of?
romanna [79]

The demand for ski rentals falls when the price of lift tickets increases. This is an example of Price Elasticity of demand.

<h3>What Is Price Elasticity Demand?</h3>

This refers to the relationship between the price of a commodity relative to the demand of that same commodity.

  In other words Price elasticity of demand  is a measure of how sensitive the quantity demanded is to its price.

 

   When the price increase, quantity demanded for such product decreases. It is important to note that the fall in prices of some product is more than the others.

Learn more about Price Elasticity of Demand at brainly.com/question/5078326

#SPJ1

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1 year ago
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