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
svetlana [45]
3 years ago
7

Solomon Services Company has 69 employees, 29 of whom are assigned to Division A and 40 to Division B. Solomon incurred $413,310

of fringe benefits cost during 2018. Required: Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B.
Business
1 answer:
Nitella [24]3 years ago
5 0

Answer:

  • Division A - $173,710
  • Division B - $239,600

Explanation:

First determine the fringe benefits per employee for the whole company;

= 413,310 / 69

= $5,990 per employee

Division A has 29 employees so the fringe benefit cost is;

= 29 * 5,990

= $173,710

Division B has 40 employees so the fringe benefit cost is;

= 40 * 5,990

= $239,600

You might be interested in
What segment of the foodservice industry is characterized by limited menus, fast service, and modest prices?
Nana76 [90]

The segment of the food service industry is characterized by limited menus, fast service, and modest prices in Quick-service restaurants.

<h3>What is meant by the food service industry?</h3>

Any business that serves meals to customers outside of their homes falls under the umbrella of the food service industry. This comprises eating establishments, takeout businesses, cafeterias, university dining halls, catering and vending businesses, inns, and motels, as well as rehabilitation and retirement facilities.

An essential component of the American economy is the food service sector. These businesses depend on food service managers (FSMs) to manage expenses, maintain client satisfaction, and guarantee efficient operations on a daily basis.

Commercial food service operations' major objectives are to serve customers food and drinks for a profit and produce satisfying guest experiences. Fast-food and full-service restaurants, pubs and nightclubs, catering and banquet facilities, and outlets for recreation and leisure are among these businesses.

Quick-service restaurants are a subset of the food service sector that are distinguished by small menus, quick service, and affordable rates.

To learn more about food service industry refer to:

brainly.com/question/27229449

#SPJ4

4 0
2 years ago
Suppose the government applies a specific tax to a good where the demand elasticity, E, is -1.4, and the supply elasticity, n, i
VMariaS [17]

Answer:

The correct answer is option D.

Explanation:

The demand elasticity is -1.4.

The supply elasticity is 1.2.

Since the demand is elastic, the imposition of tax will not be profitable for the government.

The imposition of tax will increase the price of the good, this will decrease the demand for good, thus the revenue will decrease.  

The tax incidence on consumers

= E (supply) / (E (demand)) + E (supply)  

= \frac{1.2}{1.2 - 1.4}

= \frac{1.2}{-0.2}

= -6

4 0
3 years ago
This activity is important because marketing students should be aware of career opportunities in sales, how sales people create
never [62]

Answer:

Sales Careers and Examples

Example                                           Career

2. Channel Sales Manager (CSM)  Sales Management and Support

4. Route Sales Representative      Order-Takers

8. The Key Account Manager        Missionary Salespeople

Explanation:

Fives Sales Job Categories:

(1) New business salesperson identifies prospects and sells to them.

(2) Order-taker fulfills orders without trying to acquire new ones.

(3) Missionary salespeople do not make actual sales but initiate the process with decision-makers.

(4) Sales management and support render management and support services to salespeople.

(5) Others include salespeople who do not fall into the above categories.

8 0
3 years ago
Match the factors to the target capital structure preferred.
Paraphin [41]

Answer:

See below ~

Explanation:

<u>Equity Capital Structure</u>

Equity capital refers to the money owed by the owners or shareholders of the company.

  • Fast growing companies like software
  • Businesses in the growth stage
  • Companies with high growth rate or credibility
  • Companies not in a position to provide collateral

<u>Debt Capital Structure</u>

Debt capital in the capital structure of the company refers to the borrowed money at work.

  • Managers with conservative management style
  • Companies want to show high credit rating
7 0
2 years ago
Four companies computed their days' sales in inventory as follows: Company A: 47.2 Company B: 36.5 Company C: 45.1 Company D: 39
Leviafan [203]

The most efficient and effective in managing its inventory is Company B.

<h3>Who is the most efficient?</h3>

The days' sales in inventory  is a financial ratio that measures the rate at which a firm is able to sell its inventory in a given year. The lower the ratio, the more efficient a firm is in selling its inventory.

Days' sales in inventory = number of days in a period / inventory turnover

Inventory turnover =  cost of goods sold / average inventory

To learn more about financial ratios, please check: brainly.com/question/26092288

#SPJ1

7 0
2 years ago
Other questions:
  • Procter and Gamble​ (PG) paid an annual dividend of $ 2.87 in 2018. You expect PG to increase its dividends by 8.0 % per year fo
    11·1 answer
  • One tip for working with colleagues from different generations is to multiple choice stick to basic technology for teamwork. def
    13·2 answers
  • What specific strategies Gloria can use to help her son make better decisions
    8·1 answer
  • Dramatic shifts in the workplace call for workers that can
    13·1 answer
  • According to the video, which terms best describe the role of General and Operations Managers? Check all that apply. documented
    9·2 answers
  • Which factor that affects income is within a worker's control?
    15·1 answer
  • A(n) ________ allows a customer to design a personalized product via the Internet and helps the company become more knowledgeabl
    14·1 answer
  • Steve manages product design and development at a toy company. The junior managers who report to him tell him that new complemen
    11·1 answer
  • ABC Systems located in Alabama expects a 9% after-tax rate of return on an equipment investment. The state tax rate is 6%. If th
    15·1 answer
  • Consider the AD/AS framework seen in lectures. Say that, given the recent data on jobs added to the economy, firms feel confiden
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!