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Rufina [12.5K]
3 years ago
11

Mark manages a small family-owned amusement park. He believes the park can increase its profits if its owners will buy three foo

d concession trailers. Mark has contacted three dealers of such trailers, which come fully customized to user specifications. After receiving three bids, Mark concluded that Century Industries has the best offer. He will present only the Century Industries information to the family tomorrow. What buying center roles does Mark perform? a. buyer and decider b. influencer and buyer c. gatekeeper and buyer d. decider and user e. influencer, gatekeeper, and decider
Business
1 answer:
Talja [164]3 years ago
5 0

Answer:

The correct answer is letter "E": influencer, gatekeeper, and decider.

Explanation:

As Mark's business is family-owned, it implies all the decisions are not made only by him. Then, in purchasing a food concession trailers he will have to let the other members of the family know about this decision.

Mark already decided Century Industries is the best option to take for the trailers but needs to influence his point of view to his family members. In other words, Mark will be the gatekeeper between his family business and Century Industries.

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2. At overtime rate $80,000 3. Total earnings ? Deductions: 4. Social security tax 32,400 5. Medicare tax 8,100 6. Income tax wi
inna [77]

Answer:

A.Earnings at normal rate(1)= $ 460,000.00

Total earnings(3) = $540,000

Union dues(8)= $ 6,750.00

Sales salaries(12)= $ 135,000.00

B.Dr FactoryWages $ 285,000.00

Dr OfficeSalaries $ 120,000.00

Dr SalesSalaries $ 135,000.00

Cr Ss tax $ 32,400.00

Cr Mc tax $ 8,100.00

Cr Income tax withheld $ 135,000.00

Cr Medical insurance $ 18,900.00

Cr Uniondues $ 6,750.00

Cr Wages accrued and payable $ 338,850.00

C.Dr wages accreud and payable$ 338,850.00

Cr Cash $ 338,850.00

Explanation:

In order for us to calculate the ommited in (1) we have to find out the (3) calculated as :

Social securities tax 6% of total earnings $32,400

Medicare tax 1.5% of total earnings $8,100

Therefore let x be the total earnings using 6%

x*6%= $32,400

x= $32,400/6%

= $ 540,000.00

Or let x be the total earnings using 1.5%

x*1.5%= $8,100

x= $8100/1.5%

$ 540,000.00

The total earnings for 3 will be = $540,000

Using this formula to calculate for earnings at normal rate

Earnings at normal rate=total earnings -overtime rate

Let plug in the formula

$540000-$80000= $ 460,000.00

Therefore earnings at normal rate for (1)= $460,000.00

In order to calculate for 8,we have to substract the total deductions form taxes and insurances

Using this formula

Total deductions=social security +medicare+income tax held+union dues+medical insurance

Hence,

$201150=$32400+$8100+$135000+$18900+union dues

Union dues(8)=$201150-32400-8100-135000-18900

Union dues(8)= $ 6,750.00

In order to calculate for 12 sales salaries,we have to deduct total earnings from factory wages and office salaries

Using this formula

Sales salaries=total earnings -factory wages and office salaries

Sales

salaries(12)=$540000-$285000-$120000

sales salaries(12)= $ 135,000.00

Therefore:

Earnings at normal rate(1)= $ 460,000.00

Total earnings(3) = $540,000

Union dues(8)= $ 6,750.00

Sales salaries(12)= $ 135,000.00

B. Journalising the entry to record payroll

Dr FactoryWages $ 285,000.00

Dr OfficeSalaries $ 120,000.00

Dr SalesSalaries $ 135,000.00

Cr Ss tax $ 32,400.00

Cr Mc tax $ 8,100.00

Cr Income tax withheld $ 135,000.00

Cr Medical insurance $ 18,900.00

Cr Uniondues $ 6,750.00

Cr Wages accrued and payable $ 338,850.00

(being the payroll recorded)

C.Dr wages accrued and payable $ 338,850.00

Cr Cash $ 338,850.00

(Being the payment made to staff)

5 0
3 years ago
Max Weber argued that formal organizations were efficient, but he cautioned that they can have harmful effects on people. As he
baherus [9]

Answer:

Organization create alienation

Explanation:

We are informed about how Max Weber argued that formal organizations were efficient, but he cautioned that they can have harmful effects on people.

In this case, As he saw it, the danger is Organization create alienation.Organization create alienation do occur in an organization where the workers/Employees of the organization and the organization herself have different views. This when employees is with aims/expectations concerning the organization, but in this scenario the organization has something different such as centralization of authority.

Whenever there is alienation in particular workplace, people become meaningless and powerless.

4 0
3 years ago
In digital forensics, all investigations follow the same basic methodology. which of the following should be performed first in
Xelga [282]
Had to look for the options and here is my answer. Based on digital forensics's basic methodology, the very first thing that should be done upon investigation is the identification of relevant items of evidentiary value or known as EM. Hope this answers your question.
8 0
3 years ago
Suppose in 2020, you purchase a house built in 2014. Which of the following would be included in the gross domestic product for
Tcecarenko [31]

Suppose in 2020, you purchase a house built in 2014. The value of the services of the real estate agent. the value of the services of the real estate agent would be included in the gross domestic product for 2020 This is further explained below.

<h3>What is the gross domestic product?</h3>

Generally, Final products and services—i.e., those purchased by consumers—are included in GDP, which estimates the value of goods and services produced in a specific period of time.

In conclusion, Imagine that in the year 2020 you decide to buy a home that was constructed in 2014. The price that should be paid for the real estate agent's services. The total value of the real estate agent's services would be included in the calculation of the gross domestic product for the year 2020.

Read more about gross domestic product

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7 0
2 years ago
Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Tota
asambeis [7]

Answer:

Meeting with clients= $175 per meeting hour

Explanation:

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Meeting with clients= 1,325,275/7,573

Meeting with clients= $175 per meeting hour

6 0
3 years ago
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