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Luda [366]
3 years ago
12

Which steps would you take to determine how much an employee should be paid? Select all that apply. Determine the number of hour

s the employee was scheduled to work. Determine the number of hours the employee worked. Determine whether the employee worked overtime hours. Determine whether any of the days worked are holidays that receive holiday overtime payment rates. Determine the hourly rate this employee earns. Determine whether this is a new employee.
Business
2 answers:
Minchanka [31]3 years ago
8 0

Explanation:

An employee should be paid for the number of hours he worked in the organization and the number of hours he worked overtime for the company. Also if the employee has worked for company on holidays, he should be paid overtime allowance for that.

So according to the above criteria, the following options are appropriate determinants of how much should an employee be paid.

  • Determine the number of hours the employee worked
  • Determine whether the employee worked overtime hours
  • Determine whether any of the days worked are holidays that receive holiday overtime payment rates.

So these above mentioned options determine how an employee should be paid.

Alika [10]3 years ago
8 0

Answer:

Determine the number of hours the employee worked.

Determine whether the employee worked overtime hours.

Determine whether any of the days worked are holidays that receive holiday overtime payment rates.

Determine the hourly rate this employee earns.

Explanation:

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Jewel Service anticipates the following sales revenue over a five-month period: The company's sales are 40% cash and 60% credit.
givi [52]

Answer:

I looked up the missing information, hopefully it's the same as your question. If not you can adjust the answer.

Its collection history indicates that credit sales are collected as follows:

  • 25% in the month of the sale
  • 50% in the month after the sale
  • 15% two months after the sale
  • 10% are never collected

sales revenue:

  • November $16,100
  • December $10,400
  • January $15,600
  • February $12,400
  • March  $14,400

                                          Jewel Services

                                   Cash Collections budget

                For the months of January, February, and March

cash collected from sales      January    February    March          Quarter

from November sales             $2,415                                              $2,415

from December sales             $5,200     $1,560                            $6,760

from January sales                 $3,900     $7,800       $2,340        $14,040

from February sales                                 $3,100       $6,200        $9,300

<u>from March sales                                                        $3,600        $3,600 </u>

Total                                        $11,515      $12,460     $12,140        $36,115

6 0
3 years ago
g Last year, Siena Company had $11,720,000 in gross billings for products sold. The sales returns and allowances for the company
umka21 [38]

Answer:

$11,175,000

Explanation:

The net sales of Siena Company for the last year shall be determined through following mentioned formula:

Net sales=Gross sales-sales returns and allowances-sales discounts

In the given question:

Gross sales=$11,720,000

Sales returns and allowances=$370,000

Sales discounts=$175,000

Net sales=$11,720,000-$370,000-$175,000=$11,175,000

3 0
2 years ago
If a profit-maximizing, competitive firm is producing a quantity at which marginal cost is between average variable cost and ave
Murljashka [212]

Answer:

a. keep producing in the short run but exit the market in the long run.

Explanation:

To answer the question, there is a need to look at the effect of the situation on the firm both in the short- run and the long-run

Short Run Effect

The Marginal cost is between average variable cost and average total cost. The business can still continue producing goods because the quantity being produced is still able to cover the average variable cost. This means that the firm is still able meet its variable costs by setting the price of its goods to its marginal cost which is an amount greater than its average variable cost.  

Long Run Effect

However, in the long-run the company will begin to have issues even meeting other important costs such as the fixed costs associated with production and as such, the firm will need to exit the market in the long run. For instance the cost of long term loans (principal and interest) may not be covered by the net income of the firm.  

5 0
3 years ago
Good credit equals power. which statement best illustrates that power
zloy xaker [14]

D. Both A and B

If you have good credit you will be able to qualify for cards with low APRs and if you have bad credit you will be charged higher rates

3 0
3 years ago
A fixed asset with a cost of $30,000 and accumulated depreciation of $27,500 is sold for $3,500. What is the amount of the gain
MissTica

Answer:

The correct answer is B that is gain of $1,000

Explanation:

The amount of gain or loss on the disposal of the fixed assets is computed as:

Amount of loss or gain = (Selling Price + Accumulated depreciation) - Cost of fixed assets

where

Selling Price is $27,500

Accumulated depreciation is $3,500

Cost of fixed assets is $30,000

Putting the values above:

= ($27,500 + $3,500) - $30,000

= $31,000 - $30,000

= $1,000

It is a gain of $1,000 on disposal of the fixed assets.

3 0
2 years ago
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