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Inessa05 [86]
3 years ago
6

Eugene Torres works in a shared role for Multi Glass Computers. He works in both the programming and the research departments fo

r the company and splits his time equally in both roles. Eugene is paid $20 per hour in the programming department and $28 per hour in the research department. When he works overtime in the research department, what is his pay rate?
Business
1 answer:
Dimas [21]3 years ago
5 0

Answer:

$42 per hour

Explanation:

$28 per hour in the research department

So if he works overtime in the research department

Overtime pay is calculated: Hourly pay rate x 1.5

i.e $28 * 1.5 = $42 per hour

Overtime pay shall be the amount of extra time owed in a pay period to each employee.

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What do Rational decision makers use to make economic decisions?
valentinak56 [21]

Answer:

correct is

B. marginal analysis

3 0
3 years ago
Cast Iron Grills, Inc., manufactures premium gas barbecue grills. The company uses a periodic inventory system and the LIFO cost
sammy [17]

Answer:

a) ending inventory:     11,850,000

   cost of goods sold: 25,200,000

  gross profit               25,200,000

b)

ending inventory:     1,800,000

cost of goods sold:  23,100,000

gross profit  50,400,000 - 23,100,000 =  27,300,000

Explanation:

5,200 at $600

4,100 at $700

6,200 at $800

purchase 29,000 at $900

-sold 28,000 grills

As we use LIFO we sale from the last purchase thus, 29,000 - 28,000 = 1,000 of this units are added as another layer for the inventory account

<em><u>ending inventory</u></em>

5,200 at $  600

4,100 at $   700

6,200 at $  800

1,000  at $  900

Total    $ 11,850,000

cost of good sold:

28,000 x $900 = $25,200,000

sales revenue

28,000 x 900 x 200% = $50,400,000

gross profit sales revenue less COGS

b) 5,200 at $600

4,100 at $700

6,200 at $800

<em>purchase 15,500 at $900 </em>

-sold 28,000 grills

we check how many layer deep we go:

28,000 - 15,500 at 900= 12,500

12,500  -  6,200  at 800=  6,300

6,300 - 4,100 at 700      =  2,200  at 600

<em><u /></em>

<em><u>Ending Inventory </u></em>

3,000 at $600 = $ 1,800,000

COGS:

15,500 x 900 + 6,200 x 800 + 4,100 x 700 + 2,200 x 600 = 23,100,000

3 0
3 years ago
A statement of cash flows helps answer all of the following:
Lina20 [59]

Answer:

1. What explains the changes in the cash account?

2. Where does a company spends its cash?

4. How does a company receives its cash?

Explanation:

The Cashflow statement deals with the cash transactions of the company with a view to know how actual cash moves through the company. As a result, it can answer questions related to the cash transactions of the company.

This includes:

  • Why there were changes in the cash account because it shows what activities brought in cash and which took cash.
  • Where the company spends its cash because those entries will be shown.
  • Where the company gets its cash as well.
6 0
3 years ago
Expert power Group of answer choices is derived from organizationally conferred decision-making authority. arises from manager a
asambeis [7]

Answer:

is derived from leader capability and knowledge in a particular field

Explanation:

The expert power is thinking with respect to a specific person that contains the knowledge level or the specific level but the other person dont have

Also the person have the expertise in a specific field due to which the people around feel that the person powerful and give more values to his opinion

Therefore as per the given option, the last option is correct

7 0
3 years ago
Ryan hates shopping for groceries. However, after he finishes his shopping, he is happy that he has groceries in the house. Whic
sladkih [1.3K]

Answer:

d. Utilitarian shopping value

Explanation:

Ryan does not love the process of shopping, however, he needs and respects its outcome. Therefore, his outlook on shopping is utilitarian and he sees purely <u>utilitarian shopping value</u> in the experience.

He does not go for a shopping spree, that is typical with consumer that look at shopping with a hedonistic value.

6 0
3 years ago
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