Kyle earns $7.45 an hour and worked 47 hours this week, what is his gross pay?

Kayla can cook dinner in 30 minutes and wash the laundry in 20 minutes. her roommate takes half as long to do each task. how sho

Shalnov [3]

There are no gains from trade In the situation that has been showed above, meaning—the roommates could either do things by having to target a specific goal to make their work more faster or just stay in their same schedule of having to take as long compared as Mark.

6 0

3 years ago

In 2018, Rachel received a $1,900 refund of state income taxes that she paid in 2017. In 2017, Rachel claimed itemized deduction

Akimi4 [234]

Answer:

$1,100

Explanation:

The amount which Rachel must include in her 2018 gross income would be computed by applying an equation which is shown below:

= Itemized deductions - standard deductions

= $6,900 - $5,800

= $1,100

The $1,100 would be included in the $1,900 refund which is presented in her 2018 gross income.

The excess amount between itemized deductions and standard deductions would indicate the extra refund amount which is already included in its $1,900 refund amount

8 0

3 years ago

The Eastern District of Adelson Inc. is organized as a cost center. The budget for the Eastern District of Adelson Inc. for the

irinina [24]

Answer:

Eastern District: Adelson Inc.

Budget Performance Report

For the Year Ended December 31, XX

Actual Static Variance

results budget

Sales salaries $818,880 $819,840 -$960

System adm. salaries $447,720 $448,152 -$432

Customer service salaries $183,120 $152,600 $30,520

Billing salaries $98,100 $98,760 -$660

Maintenance $273,000 $271,104 $1,896

Depreciation of P & E $92,232 $92,232 $0

Insurance and prop. taxes $41,400 $41,280 $120

Total $1,954,452 $1,923,968 $30,484

Explanation:

A budget performance report shows how the actual costs and/or revenues perform according to the planned budget. A negative sign on the variance column shows a favorable variance (lower costs or higher revenues), while a positive sign shows an unfavorable variance (higher costs or lower revenues).

3 0

3 years ago

The following inventory information was taken from the records of Kleinfeld Inc.: Historical cost $12,000 Replacement cost $7,00

irga5000 [103]

Answer:

the inventory should be recorded at $8,500

Explanation:

As we know that according to GAAP, the inventory should be recorded at a cost or net realizable value whichever is lower

So as per the question

Historical cost is $12,000

And, the net realizable value is

= Expected selling price - expected selling cost

= $9,000 - $500

= $8,500

So, the lower cost is $8,500

Hence, the inventory should be recorded at $8,500

5 0

3 years ago

Suppose you enter into a 9-month long forward contract on a non-dividend-paying stock when the stock price is S0 = $125 and the

Vladimir79 [104]

Answer:

Future Price

F0: 126.89

F3: 113.13

F4: 113.41

Value of the contract:

a) zero (by definition)

b) -13

c) -13

Explanation:

forward price:

$F = S (1+r)^{n}$

being S the spot rate

time 9 months and

rate 2% continuous componding

As the rate is continuous we calculate using the e number instead:

$F = S e^{rn} +cost$

$F = 125 e^{0.02 \times 9/12}$

F = 125 x 1.015113065

F = 126.8891331 = 126.89

3th month into the contract:

$F = 112 e^{0.02 \times 6/12}$

F = 113.1256187 = 113.13

4th month

$F = 112 e^{0.025 \times 5/12}$

F = 113.4087866 = 113.41

value of the contract

at third month:

Vt = St - F0

Vt = 112 - 125 = -13

at fourth month

Vt = 112 - 125 = -13

3 0

3 years ago