<span>Mike will earn $2,400,000 for the year. Social security withholds 6.2% which equals $148,800, though Social security has a maximum base amount of $118,500. So the total amount withheld for Social Security will be $118,500. Medicare withholds 1.45% which equals $34,800. So the total amount withheld for Medicare will be $34,800. The total withheld from both Social Security and Medicare would be $153,300.</span>
Answer: Extension and strengthening becomes more important than creating new brands
Explanation: E-commerce (electronic commerce) is a term used in the trade and commerce to describe the trading or commercial activities driven by electronic systems such as internet, social media etc,this type of commerce or trade is technologically driven. It is made up of the following stages
Stage 1 : involves the initial starting and it is characterized by a fast growth.
Stage 2: PLATEAUING GROWTH OR CONSOLIDATION OF GROWTH IS CHARACTERIZED BY THE LEVELING UP OR STABILISATION OF GROWTH AFTER THE INITIAL FAST GROWTH EXPERIENCED IN THE FIRST STAGE. In this stage, Extension and strengthening becomes more important than creating new brands.
Stage 3: Renewed growth characterized by the implemention of changes both platforms or systems, characteristics, resources and procedures etc.
Answer:
The contribution per machine hour for wales = $17 per hour
Explanation:
contribution per machine hour is the contribution margin divided by the number of machine hours used for the equivalent production.
Contribution margin on the other hand, is the aggregate amount available on the sale of a product, after all the associated variable costs have been deducted.
The contribution per machine hour = contribution margin ÷ machine hour
Contribution margin = selling price - variable costs
For wales; selling price = $32; variable costs = $15; machine hour = 1 hour
∴ contribution margin per machine hour = (32- 15) ÷ 1
= 17 ÷ 1 = $17 per hour.