Answer:
a rate not less than one and one-half times the employee's regular rate of pay.
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
The Fair Labor Standards Act is a labor law of the United States of America that was authored by Ellen C. Kearns. This labor law is applicable to all employees working in the private sector, local, state and federal government agencies or civil service. It was first published in 1938 and has since then be amended on several occasions.
All of the following were addressed by the Fair Labor Standards Act (FLSA):
I. Minimum wage.
II. Restrictions on child labor.
III. Overtime pay.
An overtime pay can be defined as an amount of money that is earned by an employee for working extra hours above the normal work period or working hours.
Under the Fair Labor Standards Act (FLSA), the overtime pay for workers is a rate that shouldn't be less than one and one-half times the regular rate of pay being received by an employee.
<span>October sales forecast projects = 7000
Sold price = $11.50
Desired ending inventory in units is 15 % higher tan the beginning inventory of 1000 units
Total October sales = ?
When we calculate the total October sale, it means we have to multiply the total units sold in October with the price per unit
Total October sales = 7000 x 11.50
= $80,500
So, total October sales are anticipated to be $80,500.</span>
Answer: Are you bored because i am
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Answer:
Debit $ 800,000 to the Asset Account.
Explanation:
With the help of successful efforts process we will find the solution of the given problem .The successful efforts process stated that,if the company are upgrading only those expenses or the cost that are involved with the discovery of oil and the gas then reserves are identified.
- The successful efforts process stated that when the cost of exploration is achieved then the cost of the exploration is capitalized .
- So the sulfur reserves were identified therefore $800,000 in exploration expenses would be debited to the Asset Account.
