When making a major purchase first determine your

Mr. Zee worked 48 hours during the week ended January 18, 2019. He is paid $12 per hour and is paid time and a half for all hour

lapo4ka [179]

Answer:

=$524.81

Explanation:

Net pay = Earning -taxation

Calculating net pay: hour pay x hours worked

= $12 x 40

= $ 480

overtime pay =12 +(50/100x12)x 8

=(12+6)x8

=144

total earnings = $144+$ 480= $624

less deduction

social and medicare rate = 7.65 percent

federal and state unemployment rate =0.6 +3.8%

total deduction = 7.65 +O.6 + 3.8= 12.05 %

Actual deduction =12.05/100 x 624= 75.19

Net pay = $624- $75.19

=$524.81

8 0

3 years ago

actor Co. can produce a unit of product for the following costs: Direct material $ 8.60 Direct labor 24.60 Overhead 43.00 Total

leva [86]

Answer:

Relevant cost to make = Direct materials + Direct labor + Variable overhead

Relevant cost to make = $8.60 + $24.60 + $43.00 (1-60%)

Relevant cost to make = $8.60 + $24.60 + $17.20

Relevant cost to make = $50.40

Outside supplier cost ($48.40) < Relevant cost to make ($50.40). So, Factor should choose to buy because the relevent cost is less than outside supplier cost.

5 0

3 years ago

Gwen, an independent consultant, traveled to New York City on a business trip. Gwen spent 4 days in business meetings and confer

PolarNik [594]

Answer:

The deductible expense = $570

Explanation:

First, the question is not complete, the complete question is as follows

Gwen, an independent consultant, traveled to New York City on a business trip. Gwen spent 4 days in business meetings and conferences and then spent 2 days sightseeing in the area. Gwen's plane fare for the trip was $250. Meals cost $160 per day. Hotels and other incidental expenses amounted to $250 per day.Gwen was not reimbursed by her employer for any expenses. Her AGI for the year is $50,000 and she itemizes but has no other miscellaneous itemized deductions. Gwen may deduct (after limitations).

Solution

How much is the plane fare $250

How much was spent on means $640 (160 a day x 4 days)

Subtract: 50% of meal costs ($320) 0.5 x 640

Hotel Expense was $1,000 ($250 x 4 days)

The total is $1,570

Subtract 2% of the AGI <u> $1,000</u> (0.02 x 50,000)

The final deductible expense $570

This means the amount that Gwen can deduct from the expenses for the trip after the limitations as calculated above is $570

6 0

3 years ago

1. define the forming stage and list four activities that happen in this stage

viva [34]

Answer:

The forming stage involves a period of orientation and getting acquainted. Uncertainty is high during this stage, and people are looking for leadership and authority. A member who asserts authority or is knowledgeable may be looked to take control.
It can be a petty clash of personality or an incompatibility in communication styles. Or it could be something more serious, such as a disagreement about the team's goals. It could even exhibit itself as one team member accusing another of not pulling their weight in the project.
Tuckman (1965) identified four stages of team development including Forming, Storming, Norming, and Performing. This widely referenced early work continues to provide a useful model for understanding the dynamic nature of the evolution of teams.
Stage 1: Forming. Feelings. ...
Stage 2: Storming. Feelings. ...
Stage 3: Norming. Feelings. ...
Stage 4: Performing. Feelings. ...
Stage 5: Termination/Ending. Some teams do come to an end, when their work is completed or when the organization's needs change.

4 0

3 years ago

.) A currency dealer has good credit and can borrow either $1,000,000 or €800,000 for one year. The one-year interest rate in th

d1i1m1o1n [39]

Answer:

The question does not fit the options, since the options all refer to a 2% interest rate in US dollars and a 6% interest rate in euros. While the question states that the interest rate in US dollars is 5% and the interest rate in euros is 4%.

The answer to the question is:

If you borrow $1,000,000 today, you will be able to purchase 800,000€. Or if you borrow 800,000€ today, you will be able to purchase $1,000,000.

Since the forward rate is higher, you should borrow dollars, invest in euros and after a year, purchase back dollars and pay back your debt.

Gain:

= 800,000€ x 1.04 = 832,000€ x 1.4 = $1,164,800, then you pay back your loan = $1,164,800 - ($1,000,000 x 1.05) = $1,164,800 - $1,050,000 = $114,800 gain

Options C will also yield gains:

option C = borrow 800,000€ and buy $1,000,000. After one year you will have $1,020,000 which you can use to purchase 850,000€. Your gain = 850,000€ - (800,000€ x 1.06) = 2,000€

7 0

3 years ago