Answer:
The correct answer for option (a) is $3,080 and for option (b) is $2,141.
Explanation:
(a). Current pay = $44
After 40 hours, Pay = $44 × 1.5 = $66
So, we can calculate the gross pay by using following formula:
Gross pay = (40 hours × $44 ) + (20 hours × $66)
= $1,760 + $1,320
= $3,080
(b).
Security Tax = Gross pay × 6% = $3,080 × 6% = $184.8
Medicare Tax = Gross pay × 1.5% = $3,080 × 1.5% = $46.2
Federal Income Tax = $708
So, we can calculate the net pay by using following formula:
Net Pay = $3,080 - $184.8 - $46.2 - $708
= $2,141
The answer to this question is scanning software.
In order to transform a paper document into a digital form, you need both scanning hardware and scanning software.
Scanning software will transform the document into bits and usually will give some features such as enlarging the image, change some part of the text, etc.
Answer:
Make since the relevant cost to make it is $58.35
Explanation:
![\left[\begin{array}{cccc}&$produce&$buy&$Differential\\$Purchase&-&-62.35&-62.35\\$Manufacturing Cost&-58.35&-&58.35\\$Allocate Cost&-11.55&-11.55&-\\$Total Cost&-69.9&-73.9&-4\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26%24produce%26%24buy%26%24Differential%5C%5C%24Purchase%26-%26-62.35%26-62.35%5C%5C%24Manufacturing%20Cost%26-58.35%26-%2658.35%5C%5C%24Allocate%20Cost%26-11.55%26-11.55%26-%5C%5C%24Total%20Cost%26-69.9%26-73.9%26-4%5C%5C%5Cend%7Barray%7D%5Cright%5D)
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<u>The manufacturing cost will be:</u>
direct material 7.70
direct labor 23.70
Overhead 38.5 x 70% = 26.95
Total manufacturing cost 58.35
Allocated cost 11.55
The purchase cost is higher than our manufacturing cost of 58.35
It is better to make the unit.
The purchase option generates a differential loss for $4
A diversification strategy should enable a company or its individual business units to create value in the value chain to: establish differentiation and increase pricing options.
Answer & Explanation :
Indifference Curve is a graph showing product combinations, that give consumer the same level of satisfaction.
It is a downward sloping curve, as remaining at same level of satisfaction - if consumption of one good increase, consumption of other good decrease & vice versa.So, the two goods are inversely related and the curve downward sloping
The curve is also concave i.e inwards bowing towards origin. This is because of increasing Marginal Rate of Substitution. MRS is ratio of good sacrifised to gain an additional unit of other good, staying at same satisfaction level & same indifference curve. MRS is slope of IC ; it is decreasing because - as consumer gains more & more of a good, he/ she is willing to sacrifise lesser & lesser amount of the sacrifised good each successive time.
- A downward sloping concave inward bowing towards origin IC shows diminishing MRS
- Any point 'A' on PPC shows product combination that yields same level of satisfaction to consumer as all other points on PPC
- Line of slope ΔY/ΔX reflects good sacrifised, good gained ratio i.e MRS (At point A).