Answer:
Annual Fixed cost is $4112 and
Annual Variable cost is $4150
Explanation:
Let Annual Fixed cost be "X", then
Let Annual Variable cost be " X + 48"
Therefore, X + X + 48 = 17 600 x $0.47
2X + 48 = 8224
2X = 8224
X = $4112
Then, X + 48 = 4112+48=4150
Answer:
Gross pay:
- consultant $4,000
- computer programmer $3,300
- administrator $2,800
Net pay:
- consultant $2,767.98
- computer programmer $2,295.48
- administrator $1,993.98
Explanation:
regular earnings overtime withholding
allowances
Consultant $4,000 per week N/A 2
Computer programmer $60 per hour 1.5 1
Administrator $50 per hour 2 2
computer programmer worked 50 hours = ($60 x 40) + ($60 x 10 x 1.5) = $3,300
administrator worked 48 hours = ($50 x 40) + ($50 x 8 x 2) = $2,800
Social security taxes:
-
Consultant = 6% x $4,000 = $240
- Computer programmer = 6% x $3,300 = $198
- Administrator = 6% x $2,800 = $168
Medicare taxes:
- Consultant = 1.5% x $4,000 = $60
- Computer programmer = 1.5% x $3,300 = $49.50
- Administrator = 1.5% x $2,800 = $42
Federal income taxes:
- Consultant: amount subject to withholding = $4,000 - (2 x $75) = $3,850. Federal income taxes = $356.90 + [28% x ($3,850 - $1,796) = $932.02
- Computer programmer = amount subject to withholding = $3,300 - (1 x $75) = $3,225. Federal income taxes = $356.90 + [28% x ($3,225 - $1,796) = $757.02
- Administrator = amount subject to withholding = $2,800 - (2 x $75) = $2,650. Federal income taxes = $356.90 + [28% x ($2,650 - $1,796) = $596.02
Gross pay:
- consultant $4,000
- computer programmer $3,300
- administrator $2,800
Net pay:
- consultant $4,000 - ($240 + $60 + $932.02) = $2,767.98
- computer programmer $3,300 - ($198 + $49.50 + $757.02) = $2,295.48
- administrator $2,800 - ($168 + $42 + $596.02) = $1,993.98
1. Nikita creates an FSA ID
2. Nikita fills out the FAFSA online.
3. Colleges ask Nikita to verify the information in the FAFSA
4. Nikita rechecks the information she provided and makes a few corrections.
5. In about two weeks, Nikita receives a document called Student Aid Report (SAR)
6. Nikita receives financial aid award letters from various colleges.
Answer:
Conversion Costs per unit = $ $599,123/ 110080= $ 5.442
Explanation:
Conversion costs of $ $599,123
Units % of Completion EUP
D.M C.C D.M C.C
Units completed 106,000 100 100 106,000 106,000
<u>Ending Inventory 13,600 100 30 13,600 4080</u>
T<u>otal Equivalent Units Of Production 119600 110,080</u>
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Conversion Costs per unit = $ $599,123/ 110080= $ 5.442
Another way of finding out is through using the beginning inventory and the units started but as we do not have the % of completion for started units it cannot be computed.
Answer:
14,783.33 bonds
Explanation:
Given
Par value FV = $1000
n =20 * 2 =40
R= 7.80/2 = 3.90%
Price per bond:
price per bond :
= 216.46
No. of bonds to be issued = 
= 14,783.33 bonds
