Answer: mary will pay $0 and her employer will pay $7.20
Explanation:
Federal unemployment rate = 0.6%
Gross income as of 31/12/19 = $5800
Maximum amount = $7,000
Mary's gross earning
as at 15/12/19 = $3,000
Employer's pay = rate × ( $7,000 - $5,800)
0.6% × $1,200
0.006 × $1,200 = $7.20
Answer:
1. willingness to accept
3. willingness to pay
Explanation:
Willingness to accept is the least amount a seller is willing to sell his products. The difference between price and willingness to accept is the Producer surplus.
Willingness to pay is the highest amount a consumer would be willing to pay for a product. The difference between willingness to pay and price of a good is the consumer surplus.
I hope my answer helps you
Answer:
Estimated manufacturing overhead rate= $40 per machine hour
Explanation:
Giving the following information:
The Bolen Company forecasts that total overhead for the current year will be $8,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $10,000,000 and the actual machine hours are 80,000 hours.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 8,000,000/200,000= $40 per machine hour
Answer:
$400
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Inventory grew by (200 - 100) $100
$50 of value was created
total gdp = $100 + $250 + 50 = $400