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3 years ago

Under what category of expense do manufacturing wages fall?

Business

1 answer:

vlada-n [284]3 years ago

8 0

Answer:

Direct expenses

Explanation:

Manufacturing expenses are categorized into direct and indirect expenses.

Direct expenses are the costs that can be traced to a specific product or service. There are the expenses that relate to the production or provision of a particular good or service. Direct expenses include the cost of material, direct labor, and direct factory overhead costs.

Indirect expenses consist of operating expenses such as rent, administrative salaries, insurance, telephone, internet , and computer costs. These costs cannot be linked to a particular product.

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what other production activities could studios engage in if they didn't hire these mathematicians and scientists

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None because you can not do production with out having some kind of math or science

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4 years ago

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Elisa is 21 years of age and a full-time student living with her parents. She had wages of $680 ($75 of income tax withholding)

Nadya [2.5K]

Answer:

C) Yes, Elisa can file a tax return

Explanation:

As in the given situation Elisa could file a tax return as she is considered to be dependent as her age is less than 24 years also her income is lower than the taxable income so she can file her return herself in order to claim the return

Therefore as per the given situation the option c is correct

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3 years ago

are the main elements of compensation systems - internal consistency, market competitiveness, and recognizing employee contribut

masha68 [24]

are the main elements of compensation systems - internal consistency, market competitiveness, and recognizing employee contributions - equally important, or do you believe they differ in importance? explain your answer.

Internal Consistency: This compares the value of any job against the value of all other jobs within a firm.

Market Competitiveness shows how the company values its employees vs the rest of the market. In order to maintain and attract the best talent. This requires an intrinsic and extrinsic look at the positions within and outside of the firm.

Recognizing Employee contributions recognizes the value that the employee brings into the firm and pays them accordingly.

I personally believe recognizing employee contributions is the most important aspect. This is the only one which specifically measures the employees performance, output and quality of work. Sales jobs come to mind here. If a salesperson brings in additional clients, he deserves a larger bonus than another who only hits the quota. This incentivizes the salesforce to go out and bring in more business. Without a compensation package to influence this behavior it would be harder to get them to work more. Even if sales roles are not considered, the output and quality of work should determine the salary, not the market value of that jobs position or comparing a job to the others within the firm.

Compensation Systems Inc. (CSi), in operation since 1971, is a market leader in creating and managing company retirement programs. CSi partners with businesses to make a meaningful difference in the retirement outcome of their employees by helping identify, document, and manage retirement planning goals and preparing for every possibility. We do this through our comprehensive services, current expertise, and personal attention to detail. We make administration, compliance, and plan execution simpler. We are an excellent addition to any HR department, offering helpful resources and a long-term, open relationship. We have a responsibility to our clients to assist them in making the best, well-informed financial decisions with relation to their retirement aspirations and goals.

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3 0

2 years ago

The yield to maturity on 1-year zero-coupon bonds is currently 7.5%; the YTM on 2-year zeros is 8.5%. The Treasury plans to issu

chubhunter [2.5K]

Answer:

Task a: $102.74

Task b: 2.73%

Task c: $100.44

Task d: $101.84

Explanation:

a.At what price will the bond sell?

Solution:

The price of the bond = Coupon payment for year 1 / (1+ YTM on 1-year zero-coupon bonds) + (Coupon payment for year 2 + maturity Value) / (1+ YTM on 2-year zero-coupon bonds) ^2

= $10/ (1+7.5%) + ($10 + $100)/ (1+8.5%) ^2

=$9.30 +$93.44

=$102.74

b. What will the yield to maturity on the bond be?

Solution:

We have following formula for calculation of bond’s yield to maturity (YTM)

Bond price P0 = C/ (1+YTM) + (M+C) / (1+YTM) ^2

Where,

P0 = the current market price of bond =$102.74

C = coupon payment = 10% of $100 = $10

YTM = interest rate, or yield to maturity =?

M = value at maturity, or par value = $ 100

Now we have,

$102.74 = $10/ (1+YTM) + $110 / (1+YTM) ^2

YTM = 2.73%

(c) If the expectations theory of the yield curve is correct, what is the market expectation of the price that the bond will sell for next year?

Solution

Under expectation theory

ft = E(rt )

Therefore (1+ ft) = (1.085) ^ 2 / 1.075 = 1.0951

Or ft = E(rt )= 1.0951 -1 = 0.0951 or 9.51%

By using this theory the bond price on year,

P = $110/1.0951 = $100.44

(d) Recalculate your answer to (c) if you believe in the liquidity preference theory and you believe that the liquidity premium is 1.5%.

Solution

If the liquidity premium is 1.5%,

Then ft = E (rt) + L

Where L is liquidity premium = 1.5%

Therefore,

E(rt) = ft - L = 9.51% - 1.5% = 8.01%

And price of the bond

P = $110/1.0801 = $101.84

4 0

3 years ago

On January 1, 2018, Crane Corp. changed its inventory method to FIFO from LIFO for both financial and income tax reporting purpo

vagabundo [1.1K]

Explanation:

Data provided in the question

Change in the inventory = $1,030,000

i.e Opening inventory = $1,030,000

Income tax rate = 35%

So, the cumulative effect in the year 2018 is

Opening inventory $1,030,000

Less: income tax rate i.e 35% -$360,500

Balance $699,500

This balance would be addition to the beginning balance of the retained earning statement

3 0

3 years ago