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Katyanochek1 [597]
3 years ago
6

t's Manuel again. But now that we are getting to know him, we just call him Manny. So....Manny gets called in to work seven days

in a single week. He is called in on Sunday, the first day of the work week, and he works seven hours a day, Sunday through Friday. Then he is asked to come in on Saturday, and to work for eight more hours. He is now making $12 an hour. How much does he get in gross pay for the week?
Business
1 answer:
gogolik [260]3 years ago
7 0

Answer:

The answer is: Manny´s gross pay for the week is $600.

Explanation:

Depending on the culture and religion of the place, some calendars start the week at Sunday and ends at Saturday. So if Manny worked from Sunday to Saturday, all his work was done within one week.

We don´t have additional information to calculate overtime so we must consider the same pay per hour worked ($12/hour).

During six days he worked 7 hours per day, that totals (6 days x 7  hours /day = 42 hours). During the last day of the week he worked 8 hours. So we just add up all the hours Manny worked that week (42 + 8 = 50 hours).

To calculate Manny´s total gross pay for the week we just multiply

           50 hours x $12/hour = $600

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2 years ago
Managing quality helps build successful strategies of A. ​differentiation, low cost and service. B. ​differentiation, time and r
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3 years ago
A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker p
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Answer:

The correct answer is  - No,

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The correct answer is  - No,

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Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

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= (440 x 90 + 220 x 80 + 264 x 50) - (440 x 56.7 + 220 x 50.4 + 264 x 31.5)

= (39,600 + 17,600 + 13,200) - (24,948 + 11,088 + 8,316)

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Ending inventory schedule attached in the excel archive

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
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\text { Flotation cost, } \mathrm{F}=8 \% \text { of current price }=\$ 50 * 8 \%=\$ 4 \\&#10;\text { Growth rate,g }=4 % \\&#10;\text { Cost of new common stock, } \mathrm{Ke}=[\mathrm{D} 1 /(\mathrm{P} 0-\mathrm{F})]+\mathrm{g} \\  =[\$ 4 /(\$ 50-\$ 4)]+4 \% \\&#10;=0.086956522+0.04 \\&#10;=0.126956522=12.7 \% \text {(Rounded) }

12.7%

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3 years ago
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