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3 years ago

A benefit of earning an hourly wage instead of a salary is

Business

2 answers:

Ilya [14]3 years ago

8 0

You get pad by the hour but may make more <span />

Svetllana [295]3 years ago

3 0

A benefit of earning an hourly wage instead of a salary is you know how much you are getting each hour that you work throughout the week while a salary is given to you over the work you have done all year cx

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Visa cards, gas cards and department store cards are all

34kurt

Cards,,,,,,?????????

3 0

3 years ago

gThe following data are available for Martin Solutions, Inc. Year 2 Year 1 Sales $1,139,600 $1,192,320 Beginning inventory 80,00

Vaselesa [24]

Answer and Explanation:

The computation is shown below;

For Year 1

Average inventory = (Beginning inventory + Ending inventory)÷ 2

= ($64,000 + $80,000) ÷ 2

= $72,000

Inventory turnover = Cost of goods sold ÷ Average inventory

= $606,000 ÷ 72,000

= 8.4 times

Days in inventory = 365 ÷ Inventory turnover ratio

= 365 ÷ 8.4

= 43.5 days

For Year 2

Average inventory = (Beginning inventory + Ending inventory) ÷ 2

= ($80,000 + $72,000) ÷ 2

= $76,000

Inventory turnover = Cost of goods sold ÷ Average inventory

= $500,800 ÷ 76,000

= 6.6 times

Days in inventory = 365 ÷ Inventory turnover ratio

= 365 ÷ 6.6

= 55.3 days

3 0

3 years ago

Direct Labor Variances The following data relate to labor cost for production of 20,000 cellular telephones: Actual: 8,450 hrs.

Lady bird [3.3K]

Answer and Explanation:

The computation is given below:

Direct labor rate variance = (Actual rate - Standard rate) × Actual hours

= ($22.50 - $23) × 8,450 hours

= -$4,225.00 Favorable

Direct labor time variance = (Actual hours - Standard hours) × Standard rate

= (8,450 hours - 8,400 hours) × $23

= $ 1,150.00 Unfavorable

Total direct labor cost variance is

= Direct labor rate variance + Direct labor time variance

= $4,225 Favorable + $1,150 Unfavorable

= -$3,075.00 Favorable

b. In the case when the employees are not much experienced or they are poorly trained so the less experience cause to less performance due to which the actual time needed should be more than the standard one

3 0

3 years ago

Liquidity is _________. Question 10 options: equal to the market value of a firm's total assets minus its total liabilities gene

azamat

Answer:

valuable to a firm even though liquid assets tend to be less profitable to own

Explanation:

3 0

3 years ago

A 50 year old customer receives an inheritance of $1,000,000 which he places with an investment adviser to invest with the objec

AfilCa [17]

Answer: 10%

Explanation:

Given that :

Worth of investment = $1,000,000

Worth after 1 year = $1,300,000

Worth after 2 years = $1,200,000

From the above, investment recorded $300,000 increase after one year and $100,000 Depreciation at the end of the second year.

Therefore, Net increase:

$300,000 - $100,000 = $200,000 (after 2 years)

Therefore, average yearly/annual increase = $200,000 / 2 = $100,000

Therefore, the annual return on the investment is :

(Annual increase / investment worth) × 100%

(100,000 : 1,000,000) × 100%

0.1 × 100% = 10%

= 10%

8 0

3 years ago