All categories

3 years ago

Calculate the net pay using the following information:

Business

1 answer:

ZanzabumX [31]3 years ago

4 0

Answer:

$ 491.1

Explanation:

Net pay is the take home pay salary. it is calculated by subtracting all deduction from the gross pay

Total deductions =$55.90 +$85 + $20.44 + $0, +$47.59

Total deductions = 208.84

Net pay = Total sales - taxes

=$700 - $208.84

=$ 491.36

You might be interested in

Because the budget process in texas operates on a two-year cycle, texas legislators have adequate time to gather information, ca

Andrew [12]

<span>It is true. Texas legislators need adequate time to gather accurate information and carefully analyze the budget now that it is operating in a two-year cycle</span>

<span>Texas lawmakers voted to approve the bill in 85th legislative session because time is running. Texas faces funding shortages due to slumping oil and gas revenues. And the state needs to the budget of $217 billion in this tight economic times. </span>

5 0

3 years ago

Read 2 more answers

In 2018, X Company sold 6,800 units of its only product for $36.10 each. Unit costs were as follows: Variable manufacturing $14.

Eddi Din [679]

Answer The correct answer is 8.317 units

Explanation:

Firstly, calculate the Total fixed costs= ($2.35+$2.63)*6800= $33.864 Fixed Manufacturing and Selling cost

Secondly, calculate the earnings before taxes 63.000/(1-tax rate) = 63.000(/1-0.39)= 103.278.69

Then, Calculate the Revenue less fixed cost 103.278.69+33.864=137.142,68

Then calculate the Variable margin that is equal to ( Price of sales per unit – Variable manufacturing – Variable selling) = (36.10-14.50-5.11)= 16.49

Finally divide the revenue less fixed cost on the variable margin (137.142,68/16.49) = 8316.72

Units Price Total

Revenue 8,316.72 36.10 300,233.54

Fixed Manufacturing (15,980.00)

Variable manufacturing 8,316.72 14.50 (120,592.42)

Fixed Selling (17,884.00)

Variable Selling 8,316.72 5.11 (42,498.43)

Net Revenue 103,278.69

Tax rate 39% (40,278.69)

Total 63,000.00

7 0

3 years ago

The day sheet is a(n):

PIT_PIT [208]

Answer:

[A] chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day

Explanation:

3 0

2 years ago

Choose all that apply. Select all of the tools you could use to track your expenses.

fgiga [73]

Answer:

budget software

spreadsheet

Mint©

Mvelopes®

Explanation:

The spreadsheet is also the same as Excel. It used to organize and analyze expenses and identify how your expenses can be reduced

Budget software is budgeting and expensive tracking device. It can be used to track credits cards and bank account

Mvelopes® is an online expensive tracking device that is used in taking care of the budget.

6 0

4 years ago

You are a business loan has a variable interest rate next month the annual rate will jump from 6.3% to 7.8%. Your balance is 1,6

sweet [91]

Answer: $‭2,025‬

Explanation:

Your monthly payment based on the rate of 6.3% per annum is:

= (6.3% * 1,620,000 ) / 12 months

= 102,060‬ / 12

= $‭8,505‬

Now that the rate has gone up to 7.8% per annum, the payment is:

= (7.8% * 1,620,000 ) / 12 months

= ‭126,360‬ / 12

= $‭10,530‬

Payment went up by:

= ‭10,530‬ - 8,505

= $‭2,025‬

3 0

3 years ago