All categories

3 years ago

Shawn works 40 hours a week as a store manager. If he made 27040 last year how much was he paid per hour

1 answer:

Klio2033 [76]3 years ago

7 0

First we find out how many weeks are in 1 year:
1 year = 52.1429 weeks

Then we find out how many hours he worked in a year by multiplying the number of hours he worked by the number of weeks there are in a year:
40 hrs/week x 52.1429 hrs/year = 2,085.716 hrs

Finally we divide:
27,040 dollars/year by 2,085.716 hrs

Afterwards we get 12.964372906, or to make it simpler we would round and get 12.96 dollars/hour

So your answer is $12.96 per hour.

You might be interested in

The estimated unit costs for a company to produce and sell a product at a level of 15,000 units per month are as follows:Cost It

Lesechka [4]

Answer:

Estimated variable costs per unit=$86.

Option A is correct ($86.00)

Explanation:

Variable cost are those which changes with the activity level. These costs are help in making decision because if we talk about fixed costs, fixed costs do not help in making decisions as they are sunk costs. Management uses variable costs for making the decisions.

Estimated variable costs per unit= Direct material+Direct labor+Variable manufacturing overhead+Variable selling expenses

Estimated variable costs per unit=$38+$23+$21+$4

Estimated variable costs per unit=$86.

Option A is correct ($86.00)

7 0

3 years ago

A bond has a modified duration of 8 and a price of 112,955 calculated using an annual effective interest rate of 6.4%. EMAC is t

quester [9]

Answer:

Option E (143) is the appropriate solution.

Explanation:

According to the question,

The modified duration will be:

= $\frac{Macaulay \ duration}{(1+yield)}$

= $8\times 1.064$

= $8.512$

The percentage change in price will be:

= $-0.6\times 8 \ percent$

= $-4.8$ (%)

Now,

The EMOD will be:

= $112955\times (1-4.8 \ percent)$

= $107533.2$ ($)

Or,

The EMAC will be:

= $112955\times (\frac{1.064}{1.07} )^{8.512}$

= $107675.7$ ($)

Hence,

⇒ $EMOD-EMAC=107533.2-107675.7$

$=-142.5$

⇒ $EMAC-EMOD=143$

5 0

3 years ago

A day care program frequently has a few parents picking up their children late. In an attempt to curb this, the daycare decides

alexandr1967 [171]

Answer:

4) All of the above

Explanation:

The day care program should have rewardedbeing on time to encourage this attitude.

Instead they put a price on being late. As parent considers this price cheap they arrive later to have some extra time beofre picking their childrens

Either the day care program reconsiders the fine policy and moves into a better program to estimulate being on time or it increases the "price" so is more expensive for the parents to come in time rather than paiying their fines.

5 0

3 years ago

Read 2 more answers

On June 3, Swifty Company sold to Chester Company merchandise having a sale price of $3,300 with terms of 2/10, n/60, f.o.b. shi

goldfiish [28.3K]

Answer:

The Journal Entry and their narrations is shown below:-

Explanation:

The Journal entry is shown below:-

a. 1.Accounts Receivable Dr, $3,300

To Sales $3,300

(Being sales is recorded)

Cash Dr, $3,234

Sales Discount Dr, $66

(3,300 × 2%)

To Accounts Receivable $3,300

(Being Payment received is recorded)

2. Accounts Receivable Dr, $3,234

=(3,300 × 0.98)

To Sales $3,234

(Being sales is recorded)

Cash Dr, $3,234

To Accounts Receivable $3,234

(Being payment received is recorded)

b. Cash Dr, $3,300

To Accounts Receivable $3,234

To Sales Discounts Forfeited 66

(Being payment received is recorded)

4 0

3 years ago

In general, the better candidates for shortening are: Early tasks opposed to later tasks. Later tasks opposed to early tasks. Bu

Vesnalui [34]

Answer:

Early tasks opposed to later tasks.

Explanation:

Shortening is a strategic procedure used by project managers to reduce or shorten a project's duration by cutting the duration of critical path tasks.

The rationale behind shortening of a project is basically to have a competitive advantage or edge in the market. In order to compete successfully, project managers are always expected to be spontaneous in bringing their company's goods and services to the market in a flash.

There are two important ways of shortening a particular project, these are;

1. Crashing.

2. Task splitting.

In project management, the longest task is considered to be the most effective and efficient candidate activities to shorten a project's duration.

In general, the better candidates for shortening are early tasks opposed to later tasks. The early start of tasks represents one of the primary date used in project scheduling and it's the earliest date a project manager commences an activity, with respect to all its predecessors and successors.

Early tasks usually involves the use of an easy approach to project kickoff while later tasks uses the difficult approach.

8 0

3 years ago