Answer:
4.500
Explanation:
According with the information say that the $120.000 correspond to overhead to the rate of 75% of direct labor force, so you have to calculate the portion that is directed to the direct labor cost:
Direct labor cost: $120.000 * 75%
Direct labor cost: $ 90.000
Now you know that the average wages per hour of the direct labor force is $20. Now you have to divide the direct labor cost by the average salary per hour to calculate the number of hours worked in June.
Number of hours = $ 90.000/$20
Number of hours = 4.500
Answer:
Explanation:
a) since MR=MC, then 15-2Q=3+Q. So, the monopolist produce Q=4
price P=15-Q=10-4=6
profit=6*3-TC=18-(3+4+0.5*4^2)=3
b)since the P=6=6, domestic production will stay the same. The domestic consumption will stay the same. For Wilknam, it will import soccer balls.
c)yes, it holds that Wiknam will be an importer. Because the price for domestic production is 6 which is same as the world price 6.
d)Since the price within country is the same with price out of country, and also, MC=3+Q=7>6, Wiknam will import soccer balls. The monopolist market will become a competitive market.Even though the price won't change,the product will be of high quality and so on. The market will become more equilibrium.
Answer:
A.1830
B.$1397.75
Explanation:
A.Gross pay
Formula for Gross pay
Gross pay = regular pay + overtime pay
= (40*30)+(14*30*1.5)
=1200+630
= $1830
Part B
B.Net pay
Formula for Net pay
Net pay = gross pay – social security tax – medicare tax – federal income tax
= 1830-(1830*6.0%)-(1830*1.5%)-295
=1830-109.8-27.45-295
= $1397.75
In my opinion people have little incentive because of their lack in good teachings or a strong foundation. Like good parenting or lack of proper education.
Hope it helped!!