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andrey2020 [161]
3 years ago
11

Thomas Martin receives an hourly wage rate of $15, with time and a half for all hours worked in excess of 40 hours during a week

. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $318; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the gross pay for Martin
Business
1 answer:
baherus [9]3 years ago
5 0

<u>Answer:</u> $735

<u>Explanation:</u>

Calculation of regular earnings

Earnings at regular rate= Wage rate per hour x hours of work

= (15 x 40)

=$600

Calculation of additional hours income

Earnings at overtime rate=( 6(15 x 1.5))

=$135

Total gross pay = 600+135

=$735

The gross pay for martin is $735. The other deductions are made in the gross pay to arrive at the net pay. Deductions such as federal income tax, security tax rate and medicare tax rate is deducted from gross pay to find net pay.

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When the LA Galaxy played soccer in a stadium that seated 80,000-90,000 fans, many of the available tickets to each game went un
MaRussiya [10]

Answer:

d) Inventory

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In the given question, the LA galaxy company has an issue with the idle production capacity. And the production is of the inventory only, so the other options like Inseparability, Inconsistency, Intangibility, Irrationality are not appropriate in the given example

Thus, the most appropriate option is of inventory as the question is talking about the production capacity so, of inventory the production capacity can be measured.

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3 years ago
Brandon, a manager at Cerium Corp., is required to provide individual performance feedback to his subordinates. In this scenario
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Based on the fact that Brandon has to provide information to subordinates, this communication is at an organizational level.

<h3>What is organizational level communication?</h3>

This refers to communication that takes place between employees of a company as a result of organizational requirements.

Brandon as a manager, has to communicate with other employees who are subordinates so this is organizational level communication.

Find out more on levels of communication at brainly.com/question/26933782.

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6 0
1 year ago
Common misconception about entrepreneurship
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Answer:

1. Entrepreneurs can only be successful if they have large funding backing them.

2. Entrepreneurs have cushy hours.

3. Entrepreneurs have to do everything themselves.

5. Entrepreneurs have to take huge risks.

7. Entrepreneurs are never stressed out.

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4 0
3 years ago
What particular business conditions and/or strategy might make telling or not telling the more advantageous option?
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Telling employees gain motivates personnel to do their high-quality work. after they realize there are possibilities for advancement, they will do their process to a better standard to electrify those who are looking.

4 everyday business-level strategies emerge from those choices: (1) huge cost management, (2) wide differentiation, (three) targeted cost leadership, and (four) centered differentiation. In rare cases, companies are able to provide both low costs and particular capabilities that customers discover acceptable.

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8 0
2 years ago
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Rus_ich [418]

Answer: 1. D) Assets are understated

2. D) Car dealers

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1. The shipping costs to bring Inventory into a business are known as Carriage Inwards. This amount is to be debited with the Inventory as it is considered to be part of the cost of acquiring the inventory. By not putting this cost with the inventory, ABC is undervaluing the inventory account which is an Asset account. The Assets are therefore understated.

2. The Specific Identification Method of inventory valuation is based on each individual unit purchased or sold. It does not group items and tracks each item from the moment it is purchased to the moment it is sold so the cost of the specific inventory is known. This method is used more often by businesses that deal with easily identifiable items such as Jewellers and Car dealers because each car is big enough to be tracked individually.

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