Answer:
15%
Explanation:
If Miranda works 40 hours a week at a wage rate of $25. and she however calculates that on the last hour that she works, she pays $3.75. then her marginal tax rate is derived as follows
<em>The marginal tax rate is the incremental tax paid on incremental income.</em>
From the scenario, we are given the following:
Weekly wage rate is $25.
Weekly tax pay is $3.75
Hence, Marginal tax rate can be computed as = $3.75 / $25 = 15%
Answer:
The Number of kanban card sets is 2.
Explanation:
c = 5
T = 2 hours
d = 3 vehicles/hour
N = d*T(1 + ss)/C
= 3*2(1 + 0.30)/5
= 1.56
Therefore, The Number of kanban card sets is 2.
I believe you’re thinking of the accounting department
hope this helps (:
Answer:
Please refer to the below
Explanation:
Journal entry as seen below
Feb 28 Sales tax payable Dr $975
Cash Cr $975
Since Jewelry store collected the sales tax from its customers, sales tax account will be debited because it reduces the balance in the account while cash account will be credited because the balance therein increases due to the sales tax collected.
