Answer:
$27,720
Explanation:
Calculation for the amount of G's 2022 salaries expense related to 2021 vacation time
First step is to find the Total salary expenses
G's employees earned average of $720 per week
Total vacation week in 2021 were not taken 550 week
Hence,
Total salary expense of G corporation = $720 per week × 550
Total salary expenses = $396,000
Second step is to calculate the salaries expense amount related to 2021 vacation time
Using this formula
Salaries Expense of G's 2022 = Total salary expenses × Wage rate
Let plug in the formula
Salaries Expense of G's 2022 = $396,000 × 7%
Salaries Expense of G's 2022
The amount of G's 2022 salaries expense = $27,720
Therefore the amount of G's 2022 salaries expense related to 2021 vacation time will be $27,720
Expensive and time consuming, it is important to figure out beforehand exactly what problem needs to be solved.
Research expense must be budgeted before it is incurred so that the cost is available to be borne by the company.
<h3>What is research?</h3>
Research is expense carried by the company to develop a new product if the research meet the criteria it is capitalize as intangible and it will be amortize over its useful life once the development is available for use otherwise it will expense out in profit and loss statement.
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Answer:
Price
Quantity supplied
Explanation:
The supply curve plots price on the vertical axis and quantity supplied on the horizontal axis.
The supply curve is upward sloping. This indicates the law of supply which says, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
