1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex787 [66]
3 years ago
8

Wharfside Manufacturing estimates that its office employees will earn $50,000 next year and its factory employees will earn $260

,000. The firm pays the following rates for workers’ compensation insurance: $0.42 per $100 of wages for the office employees and $4.60 per $100 of wages for the factory employees. Compute the estimated premiums for the office and factory employees.
Business
1 answer:
damaskus [11]3 years ago
7 0

Answer: $12,170

Explanation :

The company will pay $50,000 to office Employees and insures them at a rate of $0.42 per $100.

The estimated Premium for office Workers;

= 50,000 * 0.42/ 100

= $210

The company will pay $260,000 to Factory Employees and insures them at a rate of $4.60 per $100.

The estimated Premium for Factory Workers;

= 260,000 * 4.60/100

= $11,960

Total Estimated Premium;

= 11,960 + 210

= $12,170

You might be interested in
On January 1, 2017, Grand Haven, Inc., reports net assets of $945,300 although equipment (with a four-year remaining life) havin
sineoko [7]

Answer:

patent on the consolidated estament: 32,000

Explanation:

45,000 x 80% = 36,000

36,000 / 9 = 4,000 amortization per year

 patent of Grand heaven

<u>      debit           credit        </u>

  36,000 recognize at purchase

                        4,000 december 31th amortization

  32,000 balance.

3 0
3 years ago
Alpha Corporation reported the following data for its most recent year: sales, $650,000; variable expenses, $500,000; and fixed
ss7ja [257]

Answer:

The company degree of operating leverage is 3

Explanation:

Degree of operating leverage= Contribution Margin / Net operating Income

When Contribution margin = Sales - Variable expenses= $650,000 - $500,000 = $150,000

Net operating income =  Sales - Variable expenses - Fixed expenses = $650,000 - $500,000 - $100,000 = $50,000

Thus, Degree of operating leverage= $150,000 / $50,000

= 3

4 0
3 years ago
Why did many artisans, manufacturers, and shopkeepers in the middle colonies in the eighteenth century prefer servants' labor ov
dolphi86 [110]

Answer:

they can receive more work for less pay from the servants as opposed to the wage workers

Explanation:

Based on the information provided within the question it can be said that they preferred servants' labor more because they can receive more work for less pay from the servants as opposed to the wage workers. At that time roughly four months of workers' wages would pay for about five or six years of servant labor, thus leading to a massive increase in savings for the employer.

7 0
4 years ago
Hamish Life, an insurance company, defines the difference in pay between an entry-level recruiter and an entry-level assembler,
QveST [7]

Answer:

job structure

Explanation:

A job structure is the fundamental by and large progressive system that a business uses to deal with the detailing structure for every one of the situations inside the organisation. There are four essential kinds of employment structures: departmental, useful, land and speciality unit. A departmental hierarchical structure works best in organisations with unmistakably characterised division units that emphasis on future extension and development. This is the most fundamental sort of employment structure and the most widely recognised one.

6 0
3 years ago
which of the following typically results from the introduction of the assembly line into the production process? A.efficiency is
marta [7]
A. efficiency is increased
6 0
3 years ago
Read 2 more answers
Other questions:
  • A vessel operator involved in an accident must submit a written accident report to the alabama marine police division if propert
    11·1 answer
  • Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8,438. The
    14·1 answer
  • Tips, bonuses, and capital gains are all _____.
    13·2 answers
  • On December 30, Year 3, Ames Co. leased equipment under a finance lease for 10 years. It contracted to pay $40,000 annual rent o
    10·1 answer
  • Which pathway for acquiring training in information support and services skills is
    15·1 answer
  • Josef is something of a cheerleader around his team. He shares his vision and expresses his confidence in his team’s ability to
    15·1 answer
  • Ming Chen began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During Jun
    12·1 answer
  • A manufacturing company that has only one product has established the following standards for its variable manufacturing overhea
    11·1 answer
  • The sum of your assets is 7,500 what should liabilities and shareholders equity add up to
    9·1 answer
  • The rent (on land) is determined entirely by demand because the supply of land is ________________________. group of answer choi
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!