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Norma-Jean [14]
2 years ago
12

The total earnings of an employee for a payroll period is referred to as

Business
1 answer:
lesantik [10]2 years ago
3 0

Answer:

Net 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.

Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

Net pay can be defined as the total amount of money earned by an employee for a payroll period. Thus, it is the earnings of an employee after all deductions, fees, or contributions have been subtracted from the gross pay and as such, it is the take home of an employee for a payroll period.

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Suppose that a business incurred implicit costs of $200,000 and explicit costs of $1 million in a specific year. If the firm sol
jenyasd209 [6]

Answer:

$200,000

Explanation:

Accounting profit = Total revenue - Explicit cost

Total revenue = 4000 × $300 = $1,200,000

$1.2 million - $1 million = $200,000

I hope my answer helps you

4 0
3 years ago
Indentures usually bound indentured servants for periods of from five to seven years. question 3 options:
OLEGan [10]
Hey There!

Here is your answer:

Your answer is: False!

Indentured servants are slaves that are working to pay off debt. Which means indentured servants can work more than 7 years you pay off debt for whatever they own to the person!

Your answer is False!

Hope this helps!
3 0
3 years ago
[The following information applies to the questions displayed below.]
makvit [3.9K]

Answer:

A. Dr Raw meat Inventory 120,000

Cr Cash 120,000

B. Dr Indirect Materials $186,000

Cr Raw Materials $186,000

C. Dr Direct Materials $15,000

Cr Raw Materials $15,000

Explanation:

Preparation for the journal entries for the above transactions for the month of May.

Dr Raw meat Inventory 120,000

Cr Cash 120,000

(Being to record Raw materials purchases for cash)

B. Dr Indirect Materials $186,000

Cr Raw Materials $186,000

($201,000 - 15,000)

C. Dr Direct Materials $15,000

Cr Raw Materials $15,000

8 0
2 years ago
Current information for the Healey Company follows: Beginning raw materials inventory $15,200 Raw material purchases 60,000 Endi
elena-14-01-66 [18.8K]

Answer:

125,800

Explanation:

FIRST we check how many materials were used in production

beg raw + purchases = ending raw + used in production

15,200 + 60,000 = 16,600 + used in production

used in production = 58,600

SECOND the cost added during the period for the three main cost components

Raw materials 58,600

DL 42,800

MOH 30,000

cost added during the period 131,400

LASTLY the COGM

Beg WIP + cost added = ending + COGM

22,400 + 131,400 = 28,000 + COGM

COGM = 153,800 - 28,000

COGM = 125,800

3 0
3 years ago
When Keisha started her new job, she went through ______ to help her transition and fit smoothly into the job and organization.
VARVARA [1.3K]

Answer: Orientation

Explanation:

Orientation is the process through which information and guidelines of organization or form is provided to newly hired employees.They are introduced to culture of organization, dress-code, work-place, payment, incentives,benefits, colleagues and other employees, duties etc.

According to the question,Keisha is going through orientation process so that she can get associated with her job and work space accordingly as a new employee.

4 0
3 years ago
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