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alexdok [17]
3 years ago
5

Sandra wilson is paid one and one-half times the regular hourly rate for all hours worked in excess of 40 hours per week and dou

ble time for work on sunday. wilson's regular rate is $12 per hour. during the week ended july 3, she worked 9 hours each day from monday through friday, 6 hours on saturday, and 4 hours on sunday. wilson's overtime earnings for the week ended july 3 are
Business
1 answer:
Inessa05 [86]3 years ago
4 0

To calculate Sandra's overtime earnings, you will need to find how many overtime hours Sandra worked and then calculate the amount per hour she will make for the hours over 40 she worked through Saturday.


You will calculate her earnings per hour on Sunday by doubling her per hour rate and then multiplying by the number of hours worked on Sunday.


1. M - F (9 x 5 = 45 hours), so 5 hours overtime and Saturday - is 6 hours (6 + 5 = 11 hours overtime through Sat).


2. $12 x 1.5 = $18 per hour overtime rate; 18 x 11 = $198 through Sat.


3. Sunday: $12 x 2 = $24 per hour; $24 x 4 = $96 on Sun.


4. $198 + $96 = $294


Sandra earned $294 in overtime.

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Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 5,900 shares of its own common st
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Answer: See explanation

Explanation:

The journal entry to record the transaction for Sherman systems will be:

Oct-11

Debit Treasury Stock (5,900 × $34) =

$200,600

Credit Cash = $200,600

(To record repurchase of 5900 own shares)

Nov-01

Debit Cash (1,225 × $40) = $49,000

Credit Treasury stock (1,225 × $34) = $41,650

Credit Paid in capital-Treasury Stock = $7,350

(To record sale 1225 shares from treasury stock)

Nov-25

Debit Cash (5,900-1,225) × $29) = $135,575

Debit Paid in capital-Treasury Stock = $7,350

Debit Retained earnings = $16,025

Credit Treasury stock (5,900-1,225) × $34) = $158,950

(To record sale balance from treasury stock)

7 0
3 years ago
TravelLite and FareLine compete as online travel agencies. Historically, TravelLite has focused more on flights, whereas FareLin
DENIUS [597]

Answer:

16.80% and 39.43%

Explanation:

The formula to compute the net profit margin is shown below:

Net profit margin = Net income ÷ Total revenues × 100

For Travel lite, the net profit margin is

= $1,080 ÷ $6,430 × 100

= 16.80%

And, for fare line, the net profit margin is

= $3,020 ÷ $7,660 × 100

= 39.43%

By dividing the net income or net profit by the total revenues we can get the net profit margin or we can say it is profit percentage that is earned by the company

It is always expressed in percentage

6 0
3 years ago
Using information about customers to create marketing strategies that develop and sustain desirable long-term customer relations
stiv31 [10]
Relationship markting

5 0
3 years ago
marketing research helps managers gauge the perceived value of their goods and services, as well as the level of customer satisf
natima [27]

The statement "marketing research helps managers gauge the perceived value of their goods and services, as well as the level of customer satisfaction." is True

This is further explained below.

<h3>What are goods and services?</h3>

The output of an economic system includes things such as the production of commodities and provision of services.

Goods are tangible items that are offered for purchase by customers, in contrast to services, which are defined as any actions that are carried out for the purpose of benefiting the receivers.

Goods include a wide variety of products, including automobiles, home appliances, and clothing, amongst others.

To name only a few instances of services, there is the provision of legal counsel, the cleaning of homes, and the delivery ofconsulting services.

In conclusion, The assertion that "marketing research assists managers in determining the level of customer satisfaction in addition to the perceived worth of their goods and services" is accurate.

Read more about goods and services

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4 0
1 year ago
You have ordered a black sweater from an Internet source but received a pink one instead. The website states that there are no r
kirza4 [7]
<h2>The contract is invalid.</h2>

Explanation:

  1. An online though it has some cons like "cannot touch and feel, color may slightly vary from the original to the picture given, quality cannot be measured, etc".
  2. But the scenario given here is the expected / ordered color is different from the received one and it is wrong that the website is not accepting.
  3. This website is not user-friendly and the fault from the website side is not accepted which once again re-insist the unfriendliness.
  4. Any website should allow the user to do easy exchange and returns because of various reason said in point no.1.
  5. If the website continues with same invalid contract, then it will lose its name and lose the customer too.
6 0
3 years ago
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