Ask question

Ask question

All categories

3 years ago

14

Gloria's employer deducted 20 percent of her pay in the month of january due to personal problems he had with her. under the lil

ly ledbetter fair pay act, what period of time does gloria have to file an employment discrimination claim

1 answer:

Dafna11 [192]3 years ago

4 0

180 days of the most recent paycheck reflecting the discrepancy.

You might be interested in

Mary works in the accounting department of new trends sales company. her job includes reviewing expense reports submitted by man

Salsk061 [2.6K]

<span>She should apply the same principles that would be applied to any other employee. To do otherwise would be to run afoul of the entire ethos of the company. It would set a bad example for the employees and would cause those in management to lose respect (and possibly lead to some sort of ethical investigation by those with the proper authority to do so).</span>

8 0

3 years ago

Cane Company manufactures two products called Alpha and Beta that sell for $120 and $80, respectively. Each product uses only on

pashok25 [27]

Answer and Explanation:

1. The total amount of traceable fixed manufacturing overhead is given below:-

Alpha Beta

Number of units produced 100,000 100,000

Traceable fixed

manufacturing overhead $16 $18

Total amount of traceable fixed

manufacturing overhead $1,600,000 $1,800,000

2. The total amount of common fixed expenses is given below:-

Alpha Beta

Number of units produced 100,000 100,000

Common fixed

manufacturing overhead $15 $10

Total amount of common fixed

manufacturing overhead $1,500,000 $1,000,000

3. The computation of increase or decrease of profit is shown below:-

Selling price $80

Less: Variable cost

Direct material ($30)

Direct labor ($20)

Variable manufacturing

overhead ($7)

Contribution margin $23

Less: Variable selling

expenses ($12)

Profit per unit $11

Total profit increase

(10,000 × $11) $110,000

The computation of increase or decrease of profit is as shown below:-

Selling price $39

Less: Variable cost

Direct material ($12)

Direct labor ($15)

Variable manufacturing

overhead ($5)

Contribution margin $7

Less: Variable selling

expenses ($8)

Profit per unit ($1)

Total profit decrease

(5,000 × -$1) -($5,000)

4 0

3 years ago

High Flying takes tourists on helicopter tours of Hawaii. Each tourist buys a $190 ticket; the variable costs average $57 per pe

Dennis_Churaev [7]

Answer:

a. 450 tours per month

b. $850 per month

c. CM Ratio = 0.7

d.

1. Increase

2. Decrease

3. No Effect

Explanation:

<u>The questions are:</u>

<u>a. Compute the average number of tours the company must conduct per month to break even</u>

<u>b. Compute the average sales revenue needed per month to produce a target average profit of $53,200</u>

<u>c. Calculate the contribution margin ratio. (Round your answer to 2 decimal places.)</u>

<u>d. Determine whether the actions that follow will increase, decrease, or not affect the company's break-even point. </u>

<em>1. A decrease in tour prices.</em>

<em>2. The termination of a salaried clerk (no replacement is planned).</em>

<em>3. A decrease in the number of tours sold.</em>

<u />

<u />

<u>Solution:</u>

a.

Selling Price = 190

VC = 57

Unit Contribution Margin = $133

Fixed Cost = 718,200 yearly, so monthly is:

718,200/12 = 59,850

Break even occurs when by selling tours they will cover monthly fixed cost of 59,850 [each tour will get 133], thus:

59,850/133 = <u>450 tours per month</u>

<u></u>

b.

718,200 FC yearly, means, monthly:

718,200/12 = $59,850

Profit needed 53,200, so we would need to cover:

53200+59850 = $113,050

Each tour gives Unit CM to be $133, so we would need revenue of:

Rev = 113,050/133 = <u>$850</u>

<u></u>

c.

Contribution margin ratio is the quotient of difference in sales and var expenses to sales.

So,

CM Ratio = (Sales - Var Exp) / Sales

CM Ratio = (190 - 57) / 190 = 0.7

d.

1.

If the tour prices, decrease, there will be less revenue coming in so the break even point would go higher.

So, break even point will increase

2.

If a salaried clerk is terminated, it will decrease the salary costs of the company. This is decrease the fixed costs of the company (annual wages and salaries), thus it will be easier to cover the new, lower, fixed costs. Thus, the break even point will decrease

3.

A decrease in number of tours sold would proportionally change the variables and other costs and revenues associated. If you look at the calculation above, you will see that "number of tours" won't affect the Break Even Point. Thus, this action will create "no effect".

7 0

3 years ago

Slide Corporation reported net income for the current year of $370,000 and paid cash dividends of $50,000. Power Company holds 4

expeople1 [14]

Answer:

$20,000

Explanation:

Since Slide Company does not have any controlling interest which is ability to influence the decision making.

In Power Company, it should recognize the amount of below as dividend income in the current year,

50,000 * 40% = $20,000

7 0

3 years ago

Drew buys 100 shares of Balsamic Corporation for $23 per share. Over the next year, Balsamic pays four quarterly dividends of 50

tangare [24]

Answer:

500 million

Explanation:

5 0

2 years ago