Answer:
Gross earnings = $600
Net pay = $466.10
Explanation:
The computation of the gross earnings and the net pay is shown below:
Gross earnings
40 hours × $10 = $400
10 hours × $20 = $200
So, the total = $600
Since tami worked for 50 hours, 10 hours extra so $20 is paid for 1 hours extra. So, for 10 hours it would be $200
Net pay
Gross earnings $600
less: federal income tax withholding -$88
Less: FICA tax rate @7.65% on $600 - $45.90
Net pay $466.10
Answer:
Option "b"$55000 is correct.
Explanation:
Below is the given values:
Starting raw material = $30000
Pruchased material = $65000
Raw material at the end = 40000
Now calculate the raw material used:
Raw material used = Starting raw material + purchases - ending raw material
Raw material used = 30000 + 65000 - 40000
Raw material used = 95000 - 4000
Raw material used = $55000
Thus option "b"$55000 is correct.
The consumer price index (cpi) and the gdp deflator are designed to measure the degree to the cost of purchasing a bundle of goods has changed over time.
A customer is someone or a group who intends to order, or makes use of purchased goods, merchandise, or offerings basically for personal, social, own family, household and comparable desires, who is not at once related to entrepreneurial or enterprise activities.
A purchaser is the only who purchases the product for his/her own need and makes use of or consumes it. A patron can't resell the good, service or product however can eat it to earn his/her livelihood and self-employment. Definition of purchaser. The client is the one who is the stop-person of any items or services.
Learn more about consumer here:brainly.com/question/380037
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Answer:
c. increases the quantity of goods and services demanded.
Explanation:
According to the law of demand, there is an indirect relationship between demand and the prices for good or service. Should the price of a good or service increase, its demand will decrease. Demand comprises of the willingness and ability to buy.
A decrease in the price level will make the product affordable by more buyers. The market will afford to buy more of that product. The law of demand works together with the law of supply. The intersection of demand and supply curves determines the price of a product.