They use a <span>Straight Piecework Plan </span>as an incentive to their employees.
The Straight Piece-Work System is the simplest incentive approach in which the rate in keeping with unit of output is fixed, and the income of the employee are computed with the aid of multiplying his total output by rate per unit. We can also define this as the system or plan in which the employers or workers are paid according to the number of units produced during a defined time period at fixed rate.
Answer: It is a No problem gift.
The first type of no-problem gift is personal property.
on which you did not claim Section 179 expensing,
that is not listed property, and
that would not produce a deductible tax loss if sold by you.
Explanation:
Answer:
D. 18 years
Explanation:
Felicia has $175; doubling it will make it $350 ($175 x 2)
The interest per year is 4%
The applicable formula is A= P ( 1 + r)^n
where A = $350
P=$175
r=0.04
n= time ???
$350=$175 (1 +0.04)^n
350= 175(1.04)^n
350/175=1.04^n
2=1.04^n
log 2= (log 1.04)n
n= log2/ log1.04
n= 0.30102/0.017033
n= 17.70 year
n=18 years
Answer:
the weekly depreciation is $38.46
Explanation:
The computation of the weekly depreciation is shown below;
Given that
The Purchase value of the lathe is $20,000
Useful life is 10 years
So, the annual depreciation is
= $20,000 ÷ 10 years
= $2,000 per year
Now the weekly depreciation is
= $2,000 ÷ 52 weeks
= $38.46
Hence, the weekly depreciation is $38.46