The solution to get the gross pay for the week of Rocco;First we will calculate the straight time pay which is (40 x $19.00) = $760, second is the overtime pay which is (3 x $19.00 x 1.5) = 85.5, we will just add the straight time pay and overtime pay to get the gross pay and it is $845.5
Answer:
"C"
Explanation:
A customer - driven environment is an organisation where customer needs are identified and all efforts are in place to ensure that these needs are met to the maximum satisfaction of the customer.
Quality and pricing are key components of this system as a customer will be attracted if he is sure of the quality of a need at a reasonable price. It does not mean it should be the cheapest and lack quality.
It has been proven to be a good way of gaining competitive edge over rivals in business.
Answer:
b. 65,000 units
Explanation:
The number of units of products y must sell to yield an annual profit of $90,000 is computed as;
Break even point in sales units = (Fixed cost + Targeted profit) / Contribution margin
Given that ;
Fixed cost = $300,000
Targeted profit = $90,000
Contribution margin = $15 - $9 = $6
Therefore,
Break even point in sales units = ($300,000 + $90,000) / $6
= 65,000 units
The number of units of products y must sell to yield an annual profit of $90,000 is 65,000 units.
Answer: A. True
B. True
C. False
Explanation:
A. Both Mutual Savings Banks and Credit Unions are owned by the their depositors. Credit Unions are owned and operated by members for the purpose of creating banking services for themselves at a cheaper cost.
Mutual Savings Banks are also owned by members who felt that traditional banks did not favour them.
B. Demand Deposit accounts exist in both commercial banks and Credit Unions but with different names. In Commercial banks they are known as Checking accounts for the most part but Credit Unions call them Share Draft Accounts and members of the Union can use these accounts by writing drafts like Commercial banks allow cheques.
C. While Credit Unions were formed usually for people in the same organisations or people with a common bond, Mutual Savings Banks were generally meant to uplift the lower economic classes so they did not share a common bond as Credit Union members do.
Answer:
Total cost of going to college= $45,900
Explanation:
<u>We need to consider the opportunity cost of not working and earning a salary. Of room and board, we will take into account the incremental difference.</u>
Tuituion= $24,000
Room and board= 12,000 - 8,000= $4,000
Books= $1,900
Salary= $16,000
Total cost of going to college= $45,900
