Answer: $5,150
Explanation:using the information given above,
For every $1 contributed by the employee, employer adds 50cent.
Employer contribution ends after employee contributes $2500 to the 401(k) plan.
Last year:
Ian's weekly contribution = $75
Number of weeks in a year = 52
Ian's total contribution ($75 × 52) = $3,900
Ian's Employer's total contribution:
$0.5 × $2500 = $1,250
Therefore total contribution last year :
$3900 + $1250 = $5,150
<span>Companies using target costing start with an ideal selling price and then target costs that will ensure that the price is met.
Companies use this approach to make sure they are setting a projects price point at appropriately. They want to make sure it meets the standards the price point is set at by quality and functionality of the product being worth the money a customer will spend for it. They are able to design their profit margin and build the target costs and revenue around that. </span>
Advancement is one benefit of having a career as opposed to a job.
A.advancement
The information that you receive during the interviewing and hiring process is a part of the PRE-ARRIVAL stage of employee socialization.
Explanation:The pre-arrival stage clearly identifies that each individual comes with a set of values, attitudes, and expectations about both the work to be accomplished and the company that he/she would work for. The use of the selection process to inform prospective employees about the organization as a whole helps in setting the expectations of the prospect so that they meet the reality.