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Natalija [7]
3 years ago
11

Compute the sum of the wages per week for the following three employees. Employee A worked 40 hours per week at a wage of $9.50

per hour. Employee B worked 38 hours per week at a wage of $8.25 per hour. Employee C worked 39 hours per week at a wage of $7.75 per hour.
Business
1 answer:
maksim [4K]3 years ago
4 0
Employee A:
40 X 9.5 = $380

Employee B:
38 X 8.25 = $313.50

Employee C:
39 X 7.75 = $302.25

Total:
380 + 313.5 + 302.25 =$995.75
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Memphis Company anticipates total sales for April, May, and June of $970,000, $1,070,000, and $1,120,000 respectively. Cash sale
Crank

Answer:

Total cash collection= $1,053,200

Explanation:

Giving the following information:

Sales:

April $970,000

May $1,070,000

June $1,120,000

Cash sales are normally 20% of total sales. <u>Of the credit sales,</u> 40% are collected in the same month as the sale, 55% are collected during the first month after the sale, and the remaining 5% are not collected.

<u>To calculate the total cash collection for June, we need to use the following structure:</u>

Cash collection June:

Sales in cash from June= (1,120,000*0.2)= 224,000

Sales in account from June= (1,120,000*0.8)*0.4= 358,400

Sales in account from May= (1,070,000*0.8)*0.55= 470,800

Total cash collection= $1,053,200

8 0
3 years ago
Assume a steel company is willing to sell its alloy beams for $400 a piece and produce 100000 units. At a price of 449 they are
Anna [14]

Answer:

The price elasticity of supply is 0.0763 or 7.63%.

Explanation:

Price Elasticity of Supply shows response of quantity supplies to the price of the product supplied. Its Formula is as follow:

Price Elasticity of Supply = % change in supply / % change in price

Price Elasticity of Supply = (0.935% / 12.25%) x 100 = 7.63%

% Change in Supply = ( 100,935 - 100,000 ) /100,000 = 0.935%

% Change in Price = ( 449 - 400 ) / 400 = 12.25%

8 0
4 years ago
Which of the following is consistent with the law of​ supply? A. The state of Washington has less apple regulation than Californ
GuDViN [60]

Answer:

D) A doubling of the price of salt led to 5 percent drop in the quantity of salt purchased.

Explanation:

Law of supply in economics says that when the price increases the supply too increases if other factors is is constant.

Therefore, among the given options the only option that is consistent with the law of​ supply is "A doubling of the price of salt led to a 5 percent drop in the quantity of salt purchased"

4 0
3 years ago
Davis Hardware Company uses a periodic inventory system. How should Davis record the sale of inventory costing $620 for $960 on
cestrela7 [59]

Answer:

Accounts Receivable 960 Sales Revenue 960

Explanation:

Under periodic inventory system <u>inventory account is not updated for each purchase and each sale.</u>

<u>At the end of the period,</u> the total in purchases account is added to the beginning balance of the inventory to compute cost of goods available for sale.

Hence, the only entries will be between Sales revenue and accounts receivable.

Dr. Accounts receivable...960

Cr. Sales Revenue.......................960

7 0
3 years ago
Read 2 more answers
As the chief executive officer of Hayden Corp., Kim found an effective way to reward high-performing employees and boost their m
mixas84 [53]

Answer:

c. Leading

Explanation:

According to my research on the different management functions, I can say that based on the information provided within the question the management function that Kim is engaged in is called Leading. This is the act of a manager influencing or motivating his/her employees so that they perform at optimal capacity in order to achieve the organizational goals. Which is what Kim is doing by looking for a way to reward the best employees.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
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