To determine the tax amount you multiply the gross pay and the tax percentage. In this case, you would multiply $35,600 by .16 which equals $5,696 for the federal tax year. Remember: to convert a percentage to a decimal number, move the decimal place 2 places to the left.
Well, you just need to find it using this formula :
5,000 x [100 % - (3% x 91/365)]
= 5,000 x [ 100 % - 0.007479]
= 5,000 x 99.992521
= $ 4,962.50 >>> rounded
Hope this help
Answer:
$4.00
Explanation:
To calculate the approximate overhead cost per unit of product A1 under activity - based costing we have it as
Activity 1 allocated to Product B2 line we have as
$48,000 × 4,800/6,000
= $38,400
Activity 2 allocated to Product B2 line we have it as
= $63,000 × 4,760/7,000
= $42,840
Activity 3 allocated to Product B2 line we have it as
=$80,000 × 800/8,000
= $8,000
Total overhead allocated to Product B2 = $89,240
Overhead per unit of Product B2: $89,240/22,310 = $4.00
As our overhead unit of product
Answer:
w-2, Form 1040, and possibly Schedule (1... etc. )
Explanation:
Answer:
Economy's marginal social benefit=$65
Explanation:
The economy's marginal social benefit can be calculated by getting the average of the individual marginal benefit.
This can be expressed as;
Economy's marginal social benefit=Sum of individual marginal benefit/Total number of individual's
where;
Sum of individual marginal benefit=John's marginal benefit+Nick's marginal benefit+Christina's marginal benefit=(80+50+65)=$195
Total number of individuals=3
replacing;
Economy's marginal social benefit=195/3=65
Economy's marginal social benefit=$65
