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Vera_Pavlovna [14]
3 years ago
6

Quinton wants you to calculate his biweekly paycheck. How much would he earn each pay period if he has an annual salary of $55,5

00?
Business
1 answer:
koban [17]3 years ago
6 0
$2,134.62.

There are approximately 52 weeks in a given year, meaning that there are 52/2, or 26, biweekly pay periods. Therefore, we divide the annual salary of $55,500 by 26 biweekly pay periods to get $2,134.62 for the biweekly paycheck. 

The formula is the annual amount divided by the number of periods. Here, there are 26 periods of biweekly (once every two weeks) paychecks. 
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What is meant by Sandel's use of the phrase "a common currency"?
Zinaida [17]

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3 years ago
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horsena [70]

Answer:

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= Selling price - Variable cost per unit

 = $27 -$13

= $14

Contribution margin ratio

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= $14

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=  0.518518518

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= $1,400

  0.518518518

= $2,700

               

Explanation:

Break-even point in dollars  equals fixed cost divided by contribution margin ratio. Contribution margin ratio is equal to contribution per unit divided by selling price. Contribution per unit is selling price minus variable cost per unit.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          

4 0
3 years ago
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