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2 years ago

Explain why two employees at a company, earning the same gross pay, might have different net pays.

Business

2 answers:

aliina [53]2 years ago

5 0

Answer:

Gross pay is the total amount of money an employee is entitled to at the end of a working period while Net pay is the money an employee gets at the end of a working period after all necessary deductions must have been done.

Explanation:

Gross pay of two emloyees might be the same without having the same net pay because the deductions made from the gross pay to arrive at their net pay may be different. deductions such as pension, housing allowances, car allowances, transport allowances vary across employees and this might lead to the discrepancy.

Orlov [11]2 years ago

4 0

It would be depending on how they filled out their tax forms before starting the job. Some people may have children to claim on their tax returns and some people may only be able to claim only theirself .

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The total costs accounted for in a production cost report equal the:

ivann1987 [24]

Answer:

A) cost of units completed and transferred out plus the cost of ending work in process.

Explanation:

The total costs accounted for in a production cost report consists of Cost in units of Work - In - Process Inventory and Cost Incurred During the Current Period.These Costs equal cost of units completed and transferred out plus the cost of ending work in process.

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3 years ago

Which type of decision maker tends to choose the first available option in haste

Anit [1.1K]

The Gut follower or the random chance submitter

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3 years ago

Calculate the total productivity measure for this company for both years. ( Round your answer to 2 decimal places.) Calculate th

umka2103 [35]

Answer:

Explanation:

As the question was missing data, I have done a quick google search and found the question which I am uploading it here as an image.

Labor Input = $30,100

Raw Materials Input = $35,100

Energy Input = $5010

Capital Input = $50,010

Other Input = $2010

Sales Output = $200,100

Labor Input = $40,100

Raw Materials Input = $45,100

Energy Input = $6050

Capital Input = $49,750

Other Input = $2875

Sales Output = $202,100

<h2>FORMULA:</h2>

Productivity = Output / Input

<h2>CALCULATION:</h2>

Total Input of Last Year =

$ (30,100 + 35,100 + 5010 + 50,010 + 2010) = $122,230

Total Input of This Year =

$ (40,100 + 45,100 + 6050 + 49,750 + 2875) = $143,875

<h3>TOTAL PRODUCTIVITY:</h3><h3 />

Last Year This Year

Output in ($) $200100 $202100

Input in ($) $122230 $143875

Total Productivity 200100 / 122230 = 1.64 202100 / 143875 = 1.40

<h3></h3><h3>PARTIAL PRODUCTIVITY:</h3><h3></h3><h3>Last Year:</h3>

Partial Productivity Labor = 200100 / 30100 = 6.65

Partial Productivity Capital = 200100 / 50010 = 4.00

Partial Productivity Raw Materials = 200100 / 35100 = 5.70

Partial Productivity Labor = 202100 / 40100 = 5.04

Partial Productivity Capital = 202100 / 49750 = 4.06

Partial Productivity Raw Materials = 202100 / 45100 = 4.48

3 0

3 years ago

Which of the following statements is true of control? Control through rules, procedures, and budgets is generally not very costl

Roman55 [17]

Answer:

The second one

Explanation:

Control through rules and budgets can lead to rigidity and loss of creativity in an organization in a way that it limits change. When all available funds are allocated to specific operational budgets, it may be impossible to procure additional funds, when an opportunity arises elsewhere. Some organizations are therefore working in a way to back their budgeting systems.

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3 years ago

The December 31, 2020, Allowance account balance includes $3,076 for a past due account that is not likely to be collected. This

Blizzard [7]

Answer:

There will be no effect on working capital upon write off as the entries required would be a credit to receivables and a debit to allowance account.

Explanation:

The allowance account is the account used to record receivables due that may not be collectible.

When a company has determined that a receivable may be uncollectible, the company credits the allowance for receivables account and debits bad debit expense. This reduces the accounts receivable balance in the balance sheet as the receivables to be reported will be net the allowance given. As such, where on December 31, 2020, Allowance account balance includes $3,076 for a past due account that is not likely to be collected.

There will be no effect on working capital upon write off as the entries required would be a credit to receivables and a debit to allowance account.

8 0

2 years ago