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forsale [732]
3 years ago
12

Which of the following is true about a merit increase in pay

Business
2 answers:
seropon [69]3 years ago
6 0
It is always based on how long you have been with the company, and can also be based on performance!
madreJ [45]3 years ago
5 0

The options are:

  1. It is based only on how long you have been with the company..
  2. You have prove that you deserve it more than your coworkers..
  3. You might have to wait for a certain anniversary date to get it..
  4. You automatically receive merit raises every year..

Answer:

2) You have prove that you deserve it more than your coworkers.

Explanation:

Merit increases, or more commonly merit bonuses are given to employees that excel in the performance of their tasks. Usually merit bonuses are given to those employees that are most efficient and productive in an organization.

Merit bonuses do not depend on how long a person works in a company and are not given automatically every year.

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Selected accounts with some amounts omitted are as follows: Work in Process Oct. 1 Balance 23,000 Oct. 31 Goods finished X 31 Di
Anna11 [10]

Answer:

b.$220,800

Explanation:

Calculation to determine what was the amount of factory overhead applied in October

Finished goods during October $ 329,500

Add: Balance of work in progress on October 31 $203,500

Less: Balance of work in progress on October 1 (23,000)

Less: Direct Materials $(94,300)

Less: Direct Labor ($194,900)

Factory Overhead applied in October $$220,800

Therefore the amount of factory overhead applied in October is $220,800

5 0
3 years ago
Walsh Company sells inventory to its subsidiary, Fisher Company, at a profit during 2017. With respect to one-third of the inven
zimovet [89]

Answer:

Cost of goods sold.

Explanation:

Equity method in accounting is the process by which profits and losses of a company are allocated on the basis of investments made in it. Take for example a parent company has a 40% stake in a subsidiary. When the subsidiary makes profit or loss the parent company recieves a share.

The investor is usually referred to as an associate or affiliate and usually own 20-50% of voting shares in the company. Therefore the equity method is used and not the cost method.

To account for unrecognised intra-entity profit a credit will be passed to cost of goods sold.

3 0
4 years ago
Bart Just purchased a security for $17,000. This security will pay him $8,500 two years from today, $9,000 6 years from today an
andre [41]

Answer:

$,9789.97

Explanation:

Calculation to Find the payment (X) that he will receive at year 10

Using this formula

Let plug in the formula

Present Value = CF2/(1+r)^2 + CF6/(1+r)^6 + CF10/(1+r)^10 + CF4/(1+r)^4

Let plug in the formula

17,000 = 8,500/1.06^2 + 9,000/1.06^6 + X/1.06^10 - 3,000/1.06^4

Payment (X) = (17,000 - 13,909.61 + 2,376.28)*1.06^10

Payment (X) == $,9789.97

Therefore the payment (X) that he will receive at year 10 will be $,9789.97

3 0
3 years ago
Safeway, publix, and other supermarket chains offers all types of foodstuffs as well as a variety of nontraditional goods and se
Vikki [24]
Diversifying.  It is so that they can tap into other markets.
8 0
3 years ago
Make a list of things that should be considered will be considered while managing a factory or an industry
Stella [2.4K]
A list of things that should be considered are the health of all the workers,
Bro that’s all I can think of :((
7 0
3 years ago
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