Answer:
$1,094.50
Explanation:
Regular pay is $20.50
Over time pay is $20.50 x 1.5 = $30.75
Tommy earned as follows.
Regular hours : 40 x $20.50 = $820
Overtime hours: 9 x $30.75 =$274.50
Total amount earned
= $820 + $274.50
=$1,094.50
Answer: The control the company has over Ike's job details.
Explanation:
The Home-baked bread company and Ike share something in common which is the fact that Ike is an employee of the company and also he is to be paid by the company.
As an employee of the bread company, they still control Ike's job role and can decide to vary or maintain his current job role depending on what the company desires to achieve. Also if he doesn't meet up to some target he can still be laid off, due to the fact that he is still on his trial period.
Answer:
$2,400
Explanation:
The computation of the depreciation expense under the activity-based depreciation method is shown below:
= (Original cost - residual value) ÷ (estimated production units)
= ($12,000 - $4,000) ÷ (20,000 units)
= ($8,000) ÷ (20,000 units)
= $0.4 per unit
Now for the first year, it would be
= Production units in first year × depreciation per unit
= 6,000 units × $0.4
= $2,400
You invest $250/mo. over 12 months that equals $3,000 invested per year.
$250*12=$3,000/per year invested
$3,000 per year for 20 years equals $60,000 invested.
$3,000*20=$60,000 invested
8% of $60,000 is $4,800/per year.
0.08*$60,000=$4,800
$4,800 per year for 20 years equals $96,000 dollars earned on investments over 20 years.