Answer:
$192
Explanation:
Calculation for how much FICA-OASDI tax will be withheld from the employee's pay?
FICA-OASDI tax=($117,000-$113,900)*6.2%
FICA-OASDI tax=$3,100*6.2%
FICA-OASDI tax=$192
Therefore how much FICA-OASDI tax will be withheld from the employee's pay is $192
Answer:
Small franchise owners enjoy a degree of control and can benefit from their support of the parent company
Explanation:
<span>A budget allows nations, communities, and families to ensure they have what they need while accounting for scarcity. A budget allows one to take scarcity into account and to prioritize what is wanted and needed, and to allocate money or resources in a way that reflects these priorities.</span>
Answer:
(i) since otherwise resources are idle.
(ii) since it would be impossible to produce more of one thing without producing less of another.
Explanation:
When an economy has reached productive efficiency, all resources are being fully utilized such that if the country wants to produce more of one good, they would have to produce less of another.
It is important that a country achieves this level because it would mean that no resource is being left idle and there is no under-performance in the economy.
The overall contribution margin ratio can be computed as follows:
Overall CM ratio = Total contribution margin/Total sales
= $141,600/177000= 80%
