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3 years ago

If your gross pay is $1500 each pay period, and you are paid semimonthly, what is your yearly gross pay?

Business

1 answer:

Ronch [10]3 years ago

8 0

Answer:

$39,000

Explanation:

Ideally, we'd know if every pay period is 2 weeks, but that's pretty standard. They say semimonthly because if you look at a calendar over a year, there are a couple of months where you will have 3 paychecks.

So. 52 weeks/year, divided into 2-week pay periods = 26 pay periods/year.

26 x 1,500 = 39,000

Please let me know if you have any questions about this.

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Rally Quadcopters plans to sell a standard quadcopter (toy drone) for $45 and a deluxe quadcopter for $65. Rally purchases the s

Andrew [12]

Answer:

Rally must sell 1,080 units of Standard and 720 units of Deluxe

Explanation:

Standard Deluxe Total

Sales price per unit $45 $65

Less: Variable cost ($35) ($45)

Contribution Margin per unit $10 $20

Sales Mix units (A) $3 $2 $5

Contribution margin $30 $40 $70

Weighted average Contribution $14

per unit C= B/A

Appointment of fixed cost between standard and deluxe

Total Fixed cost = 14,700

Break even point = Fixed cost / Weighted average Contribution per unit

= 14,700 / 14

= 1,050

Apportionment of Break even point sales between Standard and deluxe in sales mix ratio (3:2)

Standard = 1,050 * 3/5 = 630

Deluxe = 1,050 * 2/3 = 420

Unit to be sold to get desired profit = Fixed cost + Desired profit / Weighted average Contribution per unit

= (14,700 + 10,500) / 14

= 1,800

Apportionment of Units to be sold to get desired profit between Standard and Deluxe in sales mix ratio (3:2)

Standard = 1,800 * 3/5 = 1,080

Deluxe = 1,800 * 2/5 = 720

To reach target operating income, Rally must sell 1,080 units of Standard and 720 units of Deluxe

4 0

3 years ago

Management moving production or other parts of the company's value chain to countries where wages are lower is an example of ___

noname [10]

Management moving production or other parts of the company's value chain to countries where wages are lower is an example of cost drivers.

<h3>What are cost drivers in business?</h3>

The cost drivers can be defined to be the direct cause of the expenses that may occur in a business. These are the activities that may cause a cost to happen in the business. For instance this could be the amount of water that is used monthly in a given area.

Hence we can say that management moving production or other parts of the company's value chain to countries where wages are lower is an example of cost drivers.

Read more on cost drivers here: brainly.com/question/14904453

#SPJ1

5 0

1 year ago

koukladina stop deleting my questions and answers. u call urself a moderator yet ur deleting actual questions and answers that a

monitta

Answer:

. tell them XDD

Explanation:

3 0

2 years ago

Read 2 more answers

The carpet cleaners are at the door after hours. you remember seeing them just last week, what do you (as a non-management colle

Anna71 [15]

<span>As a non-management colleague, an individual does not have any immediate right to take decisions regarding the management of the company.

Therefore, if the carpet cleaners are at the door even though they had come in last week, it is better to inform the manager at the company and let the management group handle the situation.
</span>

7 0

3 years ago

Fasetech, Inc. has collected the following data.? (There are no beginning? inventories.)

Dominik [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Units produced= 510 units

Sales price= $150 per unit

Direct materials= $16 per unit

Direct labor= $10 per unit

Variable manufacturing overhead= $10 per unit

Fixed manufacturing overhead= $16,000 per year

Variable selling and administrative costs= $9 per unit

Fixed selling and administrative costs= $10,500 per year

Units sold= 500

Under the absorption costing method, the fixed overhead costs get allocated as a product cost.

Unitary fixed overhead= 16,000/510= $31.37

Total unitary cost= direct material + direct labor + total overhead

TUC= 16 + 10 + (10 + 31.37)= $67.37

Income statement:

Sales= 500*150= 75,000

COGS= 67.37*500= (33,685)

Gross profit= 41,315

Total variable selling and administrative costs= (9*500)= (4,500)

Fixed selling and administrative costs= (10,500)

Net operating profit= 26,315

5 0

3 years ago