Answer:
Net pay is $383,750
Explanation:
Hermandez builders net pay can be computed by deducting the following from the gross payroll amount:
Federal income taxes
social security
medicare
charitable contributions
union dues
The net pay is computed thus:
Gross payroll pay $500,000
Federal income taxes $63,000
Social security $31,000
medicare $7,250
charitable contributions(1%*$500000) $5,000
union dues (2%*$500000) $10,000
($116,250)
Net pay $383,750
Answer:
Correct option is (d)
Explanation:
Utility patent is granted to protect an innovation from being copied by others. Utility patent is granted to protect the functionality or usage of the product while design patent is granted to protect the way the product looks like its appearance or ornamentation.
Utility patent is granted for 20 years from the date the application is file with the US trade office while design patent is granted for 14 years from the date of invention.
Here, McDonald's invention is granted utility patent that protects the product for 20 years from the date application is filed with the US patent office.
Answer:
$73,500
Explanation:
The computation of the absorption costing net operating income last year is shown below:
= Variable costing net operating income - inventory units × Fixed manufacturing overhead cost per unit
= $81,900 - 2,800 units × $3
= $81,900 - $8,400
= $73,500
We simply deduct the fixed manufacturing overhead cost from the variable costing net operating income to find out the absorption costing net operating income
Answer: A. consumer expectation of an increase in their future income.
Explanation:
The supply curve is simply a graph that shows the relationship that is between the price of a particular good and the amount of quantity that is supplied.
A leftward shift in the supply curve for a good simply means that less of that good is supplied. All tye options will cause less of the goods to be supplied except consumer expectation of an increase in their future income.
Answer:
COMMERCIAL TRANSACTIONS for the sale of and payment for goods.
Explanation:
In simple words, The Uniform Commercial Code (UCC), originally released in 1952, is among a series of Uniform Laws developed as legislation with the aim of harmonising selling as well as other business activity rules throughout the United States by some of the implementation of UCC by all of the 50 states , the District of Columbia, as well as the American Territories.
