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saul85 [17]
3 years ago
8

Jeff jones earns $1,200 per week. he is married and claims four withholding allowances. the social security rate is 6.2% on $118

,500, and medicare is 1.45%. each paycheck, his employer also deducts $42.50 for health insurance. what is his net pay? (calculate fit by percentage method.)
Business
1 answer:
myrzilka [38]3 years ago
4 0
<span>Answer: Gross Pay: $1200 Less Health Ins: (42.50) Taxable Pay: 1157.50 SS Tax: 71.77 (1157.50 *.062) Medicare Tax: 16.78 (1157.50 *.0145) FIT: 91.79 Net Pay: 977.17 FIT calcualted as follows: Taxable less allowances (1157.50 less (71.15*4) = 872.9 (872.9 * .15)-39.15 = 91.79</span>
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Gunst Company produces three video games: Android, Bio-Mutant, and Cyclops. Cost and revenue data pertaining to each product are
Dima020 [189]

Answer:

Gunst should produce 500 Bio-mutant games:

  • total contribution margin = $71 x 500 = $35,500

Explanation:

                                   Android          Bio-mutant          Cyclops

selling price                  $100                 $107                   $125

labor                               $48                  $24                     $60

direct materials               $9                    $8                       $16

variable overhead          $7                     $4                        $9

contribution margin      $36                   $71                      $40

labor hours                        4                       2                          5

Bio-mutant generates by far the largest contribution margin and requires the least direct labor hours.

Gunst should produce 500 Bio-mutant games:

  • total revenue = $107 x 500 = $53,500
  • total contribution margin = $71 x 500 = $35,500

If it produces 250 Android games its total contribution margin will = $9,000

If it produces 200 Cyclops games its total contribution margin will = $8,000

7 0
3 years ago
What reason does Macbeth give for killing King Duncan's guards?
Ber [7]

Answer:

Macbeth claimed that he had found the guards covered in the blood of King Duncan.

Explanation:

He further used this to explain how the sight drove him to a point of extreme grief and being so distraught he was overcome with the need to avenge the murder of his King. Using this false story, Macbeth was successful in diverting any suspicion from him without the need of potential suspects -meaning there would be no one to argue or prove their innocence if whoever was blamed for it was no longer living.

<h3>Hope this helps!</h3>
5 0
3 years ago
When originally purchased, a truck costing BD 23.000 had an estimated useful life of 8 years and an estimated salvage value of B
GREYUIT [131]

Answer:

d. BD 2,500

Explanation:

Accumulated Depreciation through the end of year 4 = [ Asset's cost - Salvage Value) / Estimated Useful Life] * Years Elapsed

= [(23,000 - 3,000)/8] * 4

= BD 10,000

Depreciation in Year 3 = [Asset's cost - Salvage Value - Accumulated Depreciation] / Remaining Estimated Useful Life

Depreciation in Year 3 = [23,000 - 3,000 - 10,000] / 4

Depreciation in Year 3 = 10,000 / 4

Depreciation in Year 3 = BD 2,500

6 0
3 years ago
Automated retailing occurs when a consumer goes into a store to learn about different brands and products and then searches the
Grace [21]

Answer:

False

Explanation:

The scenario described above is called Showrooming, where customers just go to a store to find out about various products. They do not buy and look for alternative cheap options.

On the other hand, automated retailing occurs when products are stored in a machine that can dispense to customers.

An example is a soda vending machine.

5 0
3 years ago
How does the trade benefit the society?
alexdok [17]

Answer:

<em>Trade is critical to America's prosperity - fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services.</em>

4 0
3 years ago
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