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miskamm [114]
3 years ago
14

Hank earns $ 23.50 per hour with time-and-a-half for hours in excess of 40 per week. He worked 43 hours at his job during the fi

rst week of March 2018. Hank pays income taxes at 15​% and 7.65​% for OASDI and Medicare. All of his income is taxable under FICA. Determine​ Hank's net pay for the week.​ (Do not round any intermediate​ calculations, and round your final answer to the nearest​ cent.)
Business
1 answer:
Serga [27]3 years ago
4 0

Answer:

$746.77

Explanation:

Calculation to Determine​ Hank's net pay for the week

Gross Pay $1320.00

Straight Time Pay 940.00

(40 × $23.50.)

Overtime pay 105.75

[ (43-40)× $23.50 ×1.5)]

Less Federal Income tax (198.00)

(15% × $1320.00)

Less OASDI and Medicare (100.98)

(7.65% × $1320.00)

Net Pay $746.77

Therefore Hank's net pay for the week will be $746.77

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Answer:

Human rights violation or abuse means any harm committed by a State or a business enterprise, through acts or omissions in the context of business activities, against any person or group of persons, individually or collectively, including physical or mental injury, emotional suffering, economic loss or substantial impairment of their human rights, including environmental rights, through acts or omissions in the context of business activities of a transnational character.

Explanation:

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2 years ago
6. What do you pay for a twelve-ounce can? What are the real social costs of producing a can of Coke – in terms of water, power
VladimirAG [237]

Answer and Explanation:

To pay for a twelve ounce can it costs between 50 cents to a dollar. The social costs of producing a can coke, in which 9 liters of fresh water is used which effects fresh water supply on earth due to its contamination. The cost of making coke :costs more higher, where it has to maintain its employees, buildings, its road transportation, garbage disposal, and many more. People who are living near the coke plant building pays all these costs, and all people pays a equal part as it is taking from earth.

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3 years ago
What is the purpose of cost accounting iss?
vitfil [10]

The main purpose of cost accounting is to find out the cost of the various processes in the business so that selling prices can be fixed appropriately.

<h3>What is cost accounting?</h3>

This is an accounting method that allows companies to find out the cost of various processes and transactions they embark on.

Knowing these costs will enable the company to know the price it can charge on goods so that it can recoup these costs and make profits.

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2 years ago
The customer has decided to purchase a home instead of renting. The price of the home is $750,000 and the customer intends to pu
Natasha2012 [34]

Answer:

A. growth stocks and blue chip stocks immediately in the amount of $150,000 to obtain the necessary cash down payment

Explanation:

The customer wouldn't want to get the stock cashed out now, so he doesn't have to worry about the stock or market having a huge decline and so, he can't buy the house.

5 0
3 years ago
The market for tomatoes is in equilibrium at the price of $10, and quantity of 50 tomatoes. If consumer surplus is $400 and tota
Darya [45]

Answer:

$250

This because out of the total surplus, the surplus left after being received by the consumer goes to the producer.

Explanation:

Data provided in the question:

Price of tomato = $10

Equilibrium quantity = 50 tomatoes

Consumer surplus = $400

Total surplus = $650

Now,

The  producer surplus = Total surplus - Consumer surplus

= $650 - $400

= $250

This because out of the total surplus, the surplus left after being received by the consumer goes to the producer.

3 0
4 years ago
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