<u>Answer:</u>Net Bi weekly pay is $519
<u>Explanation:</u>
Calculation of weekly pay
Given
No of hours 20
Per hour pay $15
Weekly pay = 15 x 20
=$300
Payment received is bi weekly so it is $600 for two weeks.
Calculation of bi weekly net pay
Federal income tax rate (600 x 4.87%) $29
State income tax rate (570 x 1.04%) $6
FICA and state insurance taxes (564 x 7.65%) $46
Total deductions $81
Net pay = Bi weekly salary - deductions
=600-81
=$519
Net Bi weekly pay or take home after deductions is $519
Answer:
a.$3.99 per unit
Explanation:
The computation of the overhead cost per unit is shown below:
Allocated setting up equipment
= $3,000 × (75 ÷ 75 + 80)
= $1,451.61
Allocated machining
= $15,000 × (2,000 ÷ 2,000 + 850)
= $10,526.31
Total overhead is
= $10,526.31 + $1,451.61
= $11,979.92
Now the overhead cost per unit is
= $11,979.92 ÷ 3,000
= $3.99 per unit
Answer:
A. Specific Purpose
Explanation:
This is 101 for anyone who wants to write an effective speech, knowing what you want to accomplish and what you want the audience to do by the end of your speech is the idea behind this.
Answer:
The correct answer is: 70%.
Explanation:
According to the information in the case:
- Price elasticity of supply: 0.3
- Price elasticity of demand: 0.7
The percentage of the tax burden on the supplier is calculated in the following way:
Therefore, <em>the tax burden on the supplier is 70%.</em>