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luda_lava [24]
2 years ago
9

Robert makes $951 gross income per week and keeps $762 of it after tax withholding. How many allowances has Robert claimed?

Business
2 answers:
mojhsa [17]2 years ago
6 0

Answer: D) four

Explanation:

koban [17]2 years ago
5 0
The answer to the question given in the problem of how many allowances has Robert claimed when he makes $951 gross income per week and keeps $762 of it after tax withholding is "Four".

Then the answer to the problem is four.
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Service industry, job costing, law firm. Kidman & Associates is a law firm specializing in labor relations and employee-rela
evablogger [386]

Answer:

Explanation:

Budgeted direct cost rate= budgeted direct cost/professional labor hours available =97500/1500=$65 per labor hour

Budgeted indirect cost rate= Budgeted indirect cost/ professional labor hours = 2475000/45000= $55

Job R:

Direct cost:

Job R - 120H*65=7800

Add: Indirect cost:

120H* 55=6600

TOTAL R JOB=14400

Job P:

DC:

Job P - 160H*65=10400

IC:

160H*55=8800

TOTAL P JOB=19200

8 0
3 years ago
Manufacturing uses normal costing for its​ job-costing system, which has two​ direct-cost categories​ (direct materials and dire
Anvisha [2.4K]

Answer:

Results are below.

Explanation:

Giving the following information:

Total manufacturing costs, $8,450,000

Manufacturing overhead allocated, $3,750,000 (allocated at a rate of 250% of direct manufacturing labor costs)

Work-in-process inventory on January 1, 2017, $390,000

Cost of finished goods manufactured, $8,020,000

<u>First, we need to calculate the direct material and direct labor:</u>

Direct labor= Manufacturing overhead allocated/2.5

Direct labor=  3,375,000 / 2.5

Direct labor= $1,350,000

Total manufacturing costs= Direct material + direct labor + allocated overhead

8,450,000= Direct material + 1,350,000 + 3,375,000

Direct material= $3,725,000

<u>Finally, the ending work-in-process:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

8,020,000= 390,000 + 8,450,000 - Ending WIP

Ending WIP= $820,000

3 0
2 years ago
Gonzales Company currently uses maximum trade credit by not taking discounts on its The standard industry credit terms offered b
ira [324]

Answer:

d.$38,448

Explanation:

The computation of the expected change in net income is shown below:

The net purchase for one day = $11,760

For 20 days excluding discount period i.e 10 days , it would be

= $11,760 × 20 days

= $235,200

The interest would be

= $235,200 × 10%

= $23,520

Now the gross purchase  is

= (Net purchase × total number of days in a year) ÷ (1 - discount rate)

= ($11,760 × 365 days) ÷ (1 - 0.02)

= $4,292,400 ÷ 0.98

= $4,380,000

The discount is

= $4,380,000 × 0.02

= $87,600

After tax rate, the change in net income would be

= ($87,600 - $23,520) × (1 - tax rate)

= $64,080 × 0.60

= $38,448

8 0
3 years ago
What are colonias? mexican factories that have high death rates due to poor working conditions. rural, unincorporated slums on t
garri49 [273]
Unincorporated slums on the texas side of the border that have substandard housing
6 0
3 years ago
What is an example of a situation in which the cost of capacity is substantially more than the cost of waiting? What would the w
labwork [276]

Answer:

<em>Cost of Capacity, Cost of Waiting</em> and <em>Waiting Lines</em> which are concepts indicated in the question speaks to Queuing Theory under Operations Management.

The goal of studying this theory simply relates to Optimizing Efficiency.

Let's define the concepts highlighted in the question.

Capacity cost is defined as the total amount of expenses incurred by an organization to provide for or increase its ability to conduct business operations. It can also be referred to as the <em>cost of service</em>.

Cost of Waiting on the hand within the context indicated above is how much it costs a business to keep customers waiting.

The more customers leave without making a purchase or do not return because of frustrating wait times, the higher the waiting cost.

Waiting Line -  This is simply a line of people waiting to be attended to, or access a product or service. It could also refer to Assembly Line. Or simply, <em>a queue.</em>

Explanation:

Cost of Waiting plus Cost of Service equals Total Cost.

<u><em>An optimized situation</em></u><u> is where the total cost is at it's lowest</u>. Reducing capacity may reduce costs of service, but cause an upward spike loss of sales due to lost customers.

Excessive capacity, on the other hand, will reduce the loss of sales due to the loss of customers but lead to an increase in operating costs.

To answer the questions, an example of a situation in which the cost of capacity is substantially more than the cost of waiting is given below:

a) If One ATM can serve 3 customer in 2 Minutes, and ATM users arrive the ATM Gallery at the rate of 3 customers every 4 minutes, then haveing 5 ATM Machines installed at such a location would translate to higher cost of capacity in relation to cost of waiting (Assuming that the cost of purchasing the machines and profit accruable from the ATM use charges are not factors under consideration)

b) the waiting line in such a condition would be substantially smaller than an optimised gallery or close to zero

Cheers!

3 0
3 years ago
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