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adell [148]
3 years ago
6

1. Assume that Lyn Addie is an unmarried employee. Her $1,000 of wages have deductions for FICA Social Security taxes, FICA Medi

care taxes, and federal income taxes. Her federal income taxes for this pay period total $159. Compute her net pay for the eight days’ work paid on February 26. (Round your answer to 2 decimal places. Do not round intermediate calculations.)
Business
1 answer:
fredd [130]3 years ago
5 0

Answer:

Net pay $764.5

Explanation:

given data

wages = $1000

income taxes  = $159

solution

particular                              net pay

Gross wages                        $1000

less  

Income taxes withheld         $159

FICA-social security             (1000×6.2%)    = $62

FICA-Medicare taxes           (1000×1.45%)   =       $14.5

Total taxes withheld             (235.5)

So, Net Pay                            $764.5

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Which scenario BEST represents monopolistic competition?
ruslelena [56]

<span>A company wins a contract to be the sole provider of phone and cable television service for a city.</span>
4 0
3 years ago
Read 2 more answers
When an economist says that the demand for a product has increased, this means that: consumers are now willing to purchase more
Damm [24]

Answer:

consumers are now willing to purchase more of this product at each possible price.

Explanation:

When the demand for a good or service increases, it means that consumers are buying more. In this case, according to the law of supply and demand, increasing demand will decrease inventories of good and will make it scarcer, increasing the price.

5 0
3 years ago
A firm has sales of $1,220, net income of $226, net fixed assets of $544, and current assets of $300. The firm has $101 in inven
Nady [450]

Answer:

11.97%

Explanation:

Common size statement value of inventory is where all accounts are expressed as a percentage of total assets.

Total assets = Net fixed assets + Current assets

= $544 + $300

= $844

Common size statement value of inventory = Inventory ÷ Total assets

= $101 ÷ $844

= 0.1197

= 11.97%

4 0
3 years ago
Total product begins to fall when Multiple Choice marginal product is maximized. average product is below zero. average product
elena-s [515]

It should be noted that total product begins to fall when D. marginal product is zero.

<h3>What is total product?</h3>

It should be noted that total product simply means the total output that's made by the employees.

Total product begins to fall when the marginal product is zero. In this case, the total product has reached its maximum.

Learn more about total product on:

brainly.com/question/26007839

8 0
3 years ago
Alpha First Company just began business and made the following four inventory purchases in June:June 1 150 units $780June 10 200
Kay [80]

Answer:

value of ending inventory = $1131

Explanation:

given data

June 1  150 units          $780

June 10  200 units         1,170

June 15  200 units   1,260

June 28  150 units           990

                                         $4,200

to find out

he value of the ending inventory

solution

first we get here at 1st june cost per unit will be

cost per unit = \frac{total\ cost\ inventory }{no\ of\ unit}  .............1

cost per unit = \frac{780}{150}

cost per unit = $5.2 per unit

and

on 10th june cost per unit will be

cost per unit = \frac{total\ cost\ inventory }{no\ of\ unit}  .............1

cost per unit = \frac{1170}{200}

cost per unit = $5.85 per unit

and

at 30th june value of ending inventory that is

value of ending inventory = ( 150 × $5.2 ) + ( 210 - 150 ) × $5.85

value of ending inventory = $780 + $351

value of ending inventory = $1131

4 0
3 years ago
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