What is exporting? Introduction to business sem 1

The Four Tops Company began operations on January 2nd. During the first 3 months of operations, only 3 jobs were worked on. Job

lianna [129]

Answer:

$81,500

Explanation:

As per the data given in the question,

The computation of the cost of goods manufactured is shown below:

Before that first we need to do following calculations

Direct material = $12,000 + $23,000

= $35,000

Direct labor = $11,000 + $20,000

= $31,000

Overhead applied = 50% of direct labor

= 50%×$31,000

= $15,500

Cost of goods manufactured = Direct material + Direct labor + Overhead applied

= $35,000 +$31,000 + $15,500

= $81,500

8 0

3 years ago

A group of 10 people have the following annual incomes: $24,000, $18,000, $50,000, $100,000, $12,000, $36,000, $80,000, $10,000,

gogolik [260]

Answer:

48.65%

Explanation:

Given Income are written in increasing order

First Quintile 10,000 12,000

Second Quintile 16,000 18,000

Third Quintile 24,000 24,000

Fourth Quintile 36,000 50,000

Fifth Quintile 80,000 100,000

Total Income % share

First Quintile 10,000 12,000 22,000 5.95

Second Quintile 16,000 18,000 34,000 9.19

Third Quintile 24,000 24,000 48,000 12.97

Fourth Quintile 36,000 50,000 86,000 23.24

Fifth Quintile 80,000 100,000 180,000 48.65

Total income in the economy 370,000 100%

The percentage of the total income of the highest quintile is 48.65%

4 0

3 years ago

Debt Management Ratios Tiggie’s Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2015. If the firm’s t

mezya [45]

Answer:

Equity Tiggie’s has on its balance sheet: $14,285,714 (round up $14,29 million)

Explanation:

The debt-to-equity (D/E) ratio compares a company’s total debt to its total equity and can be used to evaluate how much leverage a company is using.

Debt-to-equity ratio is calculated by using formula:

Debt-to-equity ratio = Total debt (or liabilities)/Total equity

From the formula, Total equity = Total debt/Debt-to-equity ratio

In Tiggie’s Dog Toys, Inc., debt-to-equity ratio of 1.75 times and total debt was $25 million at the end of 2015.

Total equity = $25,000,000/1.75 = $14,285,714 (round up $14,29 million)

6 0

3 years ago

The elements of a brand that cannot be spoken are called the ______.

Mariulka [41]

The elements of a brand that cannot be spoken are called the brand mark.

Every band has its properties and elements such as the brand name and

brand equity which can be spoken to describe what the brand is all about.

These elements are usually unique and helps to describe the brand and its

operations.

However , the brand mark is like a logo and contains pictorial properties

which can be seen.

Read more on brainly.com/question/25243470

6 0

2 years ago

Nicoula is a server at a La Jolla restaurant. Nicoula received $1,200 in unreported tips during 2016 and owes Social

lubasha [3.4K]

Answer:

Yes. Nicoula is required to pay tax including the tips

Explanation:

Since Nicoula received $1,200 in unreported tips during 2016 and owes Social Security and Medicare taxes on these tips. Her total income for the year, including the tips, is $4,300.

Nicoula is required to pay an income tax return for 2016 because Tips are considered to be part of employee wages and or salaries, hence employers are required by law to withhold and pay to the IRS payroll taxes on the tips employees report to them each month.

It is mandatory to report on the tax return, the amount of any Social Security and Medicare taxes Nicoula has failed to pay on her 'tip income'.

5 0

4 years ago