Completing Form 1040EZ

A worker is paid $9.80 per hour, with time and a half for any hours over 40 per week. If he works 44 hours in a week, what will

olasank [31]

Answer:

No of hours worked = 44 hours

Pay per hour = $9.80

Pay for overtime = 9.80/2 = $4.60

Overtime hours = 4

Total Pay = (40 × 9.8) + (4 × 4.6)

= 392 + 18.4 = $ 410.4

Gross pay = $392

3 0

2 years ago

________ means the supply curve has shifted to the right, while ________ refers to a movement along a given supply curve in resp

Flauer [41]

An increase in supply means the supply curve has shifted to the right, while an increase in quantity supplied refers to a movement along a given supply curve in response to an increase in price.

What would shift a supply curve down and to the right?

In contrast, a drop in input costs will cause the supply curve to move to the right. Technology.
An increase in technology will shift the supply curve to the right. Conversely, a decrease in technology will shift the supply curve to the left.

What does it mean when the supply curve shifts to the right?

When demand is constant and supply is increasing, the supply curve moves to the right, creating an intersection where quantity and prices are lower.
On the other hand, a negative change in supply causes the curve to move to the left, raising prices and lowering quantity.

Which would cause a shift in the supply curve ?

When a change is brought about by a source other than price, the supply curve shifts.

Learn more about supply curve

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5 0

1 year ago

In year 1, X Company recognized an impairment loss on the trade name for its beverage product, reducing the carrying value from

ziro4ka [17]

Answer:

The value of the intangible will remain at $350,000

Explanation:

The reason is that the International Accounting Standard IAS-36 says that once the impairment is recognized for the intangible assets it can not be reversed which means that the amount reported would be $350,000. The reason is that it is very rare that the asset gain its value and specially those which are intangible assets. Most of the management in the 1990s-2000 tried to recognize a gain on impairment which was unjustifiable to increase their profits for the period so the standard specifically didn't permitted gain on a previously impaired asset.

6 0

3 years ago

When the accounts of Blue Inc. are examined, the adjusting data listed below are uncovered on December 31, the end of an annual

torisob [31]

Answer:

1.-

insurance expense 1,020 debit

prepaid insurance 1,020 credit

2.-

rent revenue 1,650 debit

cash 1,650 credit

cash 1,650 debit

unearned revenue 1,650 credit

unearned revenue 1,100 debit

rent revenue 1,100 credit

3.-

advertizing expense 535 debit

advertizing supplies 535 credit

4.-

interest expense 802 debit

interest payable 802 credit

Explanation:

2-years of 4,896 AKA 24 months

months outstanding during the year: August 1st to December 31th: 5 months

4,896 x 5/24 = 1,020

purchases of advertising materials 801

materials on hand at year-end (266)

advertising expense 535

we must reverse the entry as the rent revenue wasn't accrued yet we have unearned revenue and at year-end we adjust for the earned protion which is 2 months: 1,650 x 2/3 = 1,100

as the inerest are accrued it means we aren't paying them at year-end

5 0

3 years ago

why and how is the job market for administrative professionals growing or declining? what effect do you think the economy and te

Contact [7]

Explanation:

The technology will grow until 2022, and our job will have definitely improved by making it easier to communicate to our customers and by providing managers with jobs that managers have been paid less.

The job market for management workers has risen since the economic downturn in the 2008-2009 recessions.

This is anticipated to increase, as administrative workers work in economic sectors, such as education, social services, legal aid, health care and finance, that are growing and creating new jobs. The employers are looking to reoccupy these positions with so many jobs lost during the crisis and the recent recovery in the economy.

7 0

2 years ago