Answer:
where the funds to start and operate your business will come from, when you expect to see profit, and how much profit you expect to see.
Explanation:
Answer:
173,333.33
Explanation:
Lumpsum + Appraisal = Total Spent
500,000 + 20,000 = 520,000
Land + Building + Equipment = Total Fair Value
100,000 + 200,000 + 300,000 = 600,000
Building Costs:
Fair Value Building / Total Fair Value = % of the building cost to apply to the total spent x Total Spent
200,000 /600,000 = .3333 x 520,000 = 173,3333.33
Incentive pay is a collective term used to refer to various forms of pay linked to an employee's performance as an individual, group member, or organization member. incentive pay base pay merit pay hourly wage benefits
Answer:
The entry to record accrued benefits would be a Debit to Employee Benefits Expense of $21,560
Explanation:
In order to calculate The entry to record the accrued benefits for the month we would have to calculate the following formula:
Accrued Benefits= Health Insurance Cost+ (Gross Salary × Percentage Contributable)
Accrued Benefits=$15,400+($154,000×4%)
Accrued Benefits=$15,400+$6,160
Accrued Benefits=$21,560
The entry to record accrued benefits would be a Debit to Employee Benefits Expense of $21,560
Answer:
a-1. If the inspector position is eliminated, the defects will not be detected. These cost the company $11 to replace.
Defects per hour = 50 * 0.01 = 0.5 units
Cost per hour = 0.5 * 11 = $5.50
a-2. Based on costs alone, the inspection position should be eliminated. This is because the cost of having the Inspection position is $10 but it would only cost the company $5.50 if the position was not there so the cost of the inspection position is more than the cost incurred if it wasn't there.
b. = Inspection fees/ Units inspected per hour
= 10/50
= $0.50 per unit
c. Cost without Inspection is $5.50. With Inspection is $10.
Hourly Loss = 5.50 - 10
= -$4.50
Per unit loss = -4.50/50
= -$0.09