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kramer
3 years ago
15

Casey Klemons' agreement (BELO plan) with his employer provides for a pay rate of $16.50 per hour with a maximum of 50 hour. How

much would Klemons be paid for a week in which he worked 46 hours
Business
1 answer:
KatRina [158]3 years ago
8 0

Answer:

$907.50

Explanation:

Calculation for How much would Klemons be paid for a week in which he worked 46 hours

Amount to paid =(10 × 0.5 × $16.50)+(50× $16.50

Amount to paid=$82.50 + $825

Amount to paid=$907.50

Therefore the amount that Klemons should be paid for a week in which he worked 46 hours is $907.50

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Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
hjlf

Answer:

The earnings per share figure is $1.89

Explanation:

Sales of $602,000

Costs of $256,000

Depreciation expense of $62,500

Interest expense of $29,500

Tax rate of 40 percent.

-> Profit Before Tax  = Sales - Cost - Depreciation Expense - Interest expense

= $602,000 - $256,000 - $62,500 - $29,500

= $254,000

Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400

Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000

= $1.89

7 0
4 years ago
John Joos is the owner and operator of Way to Go LLC, a motivational consulting business. At the end of its accounting period, D
ivolga24 [154]

Answer:

a) December 31, 2013 Owner's equity = 508,000

b) December 31, 2014 Owner's equity = 420,000

Explanation:

Accounting Equation Formula: Owner's Equity = Assets - Liabilities  

A) Way to Go LLC December 31, 2013

Owner's Equity = Assets – Liabilities

Owner's Equity = 669,000 – 161,000

Owner's Equity = 508,000

B) Way to Go LLC  December 31, 2014

Owner's Equity = Assets – Liabilities

Owner's Equity = (669,000-127,000) – (161,000-39,000)

Owner's Equity = 420,000

6 0
3 years ago
Fake news is defined as intentionally or unintentionally misleading information presented as factual news
Setler79 [48]
The answer is Intentionally
4 0
3 years ago
Harrington Company uses predetermined overhead rates to apply manufacturing overhead to jobs. The predetermined overhead rate is
Setler79 [48]

Answer                            

                           Machining Department    Assembly department        

POAR   =        $5 per machine hour         200% of direct labor cost

Explanation:

Under absorption costing, overheads are charged to products using pre-determined overhead absorption rate. With this rate, overhead are included in the cost of every unit produced.

The rated is computed follows:

Predetermined overhead absorption rate (POAR)

= Estimated overhead for the period/Estimated activity level

Machining Department

POAR =25,000/ 5,000 machine hours=$5 per machine hour

Assembly department

PIAR = $30,000/15,000× 100 = 200% of labor cost

3 0
3 years ago
What is local technology?
kirill [66]
In networks, local refers to files, devices, and other resources at your workstation. Resources located at other nodes on the networks are remote.
3 0
3 years ago
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