Answer:
A.1830
B.$1397.75
Explanation:
A.Gross pay
Formula for Gross pay
Gross pay = regular pay + overtime pay
= (40*30)+(14*30*1.5)
=1200+630
= $1830
Part B
B.Net pay
Formula for Net pay
Net pay = gross pay – social security tax – medicare tax – federal income tax
= 1830-(1830*6.0%)-(1830*1.5%)-295
=1830-109.8-27.45-295
= $1397.75
Answer:
a. $3.50
b. 3.60 Pounds
c. $12.60
Explanation:
a. The computation of Standard direct materials price per pound of raw materials is shown below:-
Standard direct materials price per Pound of raw materials = Net purchase price + freight-in + receiving and handling
= $2.40 + $0.80 + $0.30
= $3.50
b. The computation of Standard direct materials quantity per gallon is shown below:-
Standard direct materials quantity per gallon = Required materials + Allowance for waste and spoilage
= 3.10 + 0.50
= 3.60 Pounds
c. The computation of Total standard materials cost per gallon is shown below:-
Total standard materials cost per gallon = Standard Direct materials price per Pound of raw materials × Standard Direct materials quantity per gallon
= $3.50 × 3.60
= $12.60
The answer is settling on morally revise business choices.