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3 years ago

How much should you contribute to the retirement account each pay period to take full advantage of the company match

Business

1 answer:

Varvara68 [4.7K]3 years ago

3 0

d) $16.92

Each paycheck is $22,000/26 times per year = $846.15

Your company will match up to 2% of this. .02*$846.15= $16.92

You should contribute this amount each pay period in order to take full advantage of the "company match" because your company will add that much money into your retirement account on top of what you pay in.

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Brandeis Corporation has two production Departments: P1 and P2 and two service departments: S1 and S2. Direct costs for each dep

luda_lava [24]

Answer:

a. $90,875

Explanation:

Provided information we have,

Individually allocated cost

S1 = $62,000 S2 = $102,000 P1 = $162,000 P2 = $142,000

Firstly under step method cost allocation will be from S1 to S2, P1, P2

Ratio = 0.7 : 0.1: 0.2

Thus allocated to S2 = $62,000 $\times$ 0.7 = $43,400

P1 = $62,000 $\times$ 0.1 = $6,200

P2 = $62,000 $\times$ 0.2 = $12,400

Total cost of S2 = $102,000 + $43,400 = $145,400

Ratio between S1: P1: P2 = 0.2:0.3:0.5

Amount allocated to P1 = $145,400 $\times$ $\frac{0.3}{0.8}$

= $54,525

Amount allocated to P2 = $145,400 $\times$ $\frac{0.5}{0.8}$

= $90,875

Therefore, correct option is

a. $90,875

4 0

3 years ago

Optimum Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been cl

denis23 [38]

Answer:

*** Cash $37,500

Explanation:

Optimum weight loss classified balance sheet .

Assets

Current assets

Cash $37,500

Account receivables $116,750

Prepaid insurance $7,200

Prepaid rent $21,000

Supplies $4,800

Total current assets $187,250

Non current assets

Equipment $474,150

Less

Accumulated depreciation $186,400

NBV $287,750

Land $300,000

Total non current assets

$587,750

Total assets

$775,000

Liabilities

Accounts payable $37,700

Salaries payable $9,000

Unearned fees $18,000

Total liabilities

$64,700

Equity

Common $75,000

Retained earnings $635,300

Total equity

$710,000

Total liabilities + equity

$710,300 + $64,700 = $775,000

6 0

3 years ago

One primary difference between services and the production of goods is that services are consumed _____ whereas goods can be ___

Zigmanuir [339]

Answer:

B. Immediately; stored

Explanation:

One primary difference between services and the production of goods is that services are consumed immediately whereas goods can be stored.

There are several differences in production and consumption of goods and services:

Goods are Tangible as it can be touched, however, services are intangible as it cannot touched but it can realized.
Goods can be stored for later use, however, services cannot be stored but need to be consumed immediately on real time.
Goods can be weighed and measured on scale, however, services can evaluated on basis of satisfaction level.

8 0

3 years ago

Several legal steps must sometimes be taken before a creditor can have his outstanding debt satisfied through the sale of the de

bagirrra123 [75]

Answer:

B) writ of persecution

Explanation:

According to my research on different legal requirements, I can say that based on the information provided within the question the only step that is not part of this process is writ of persecution. This is because a "writ of persecution" is a written order of the court to persecute a person, since there is no mention of such a thing in the question we can say that this is not part of the process.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0

3 years ago

Nikkei Bike Parts testified before Congress defending the company against an accusation that it was dumping parts on the U.S. ma

liubo4ka [24]

Answer: The correct answer is "Nikkei includes 10% overhead costs and an 8% profit margin in the price of all the parts they export to the U.S.".

Explanation: In her testimony, the president claimed Nikkei includes 10% overhead costs and an 8% profit margin in the price of all the parts they export to the U.S. Using traditional guidelines, Congress determined that Nikkei was not dumping.

It is known as dumping when companies sell products at a lower price abroad than they sell in their country.

7 0

3 years ago