It is true that an employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day.
A time ticket is used to track the hours for which an employee will be paid in the upcoming payroll. Employees' time tickets are reviewed and approved by a supervisor at the closing of each pay period. After which the payroll team use them to calculate the hours worked by an employee. This serves as a basis for calculating gross pay.
When an employee clocks in or out, they generally put a time ticket into a time clock that are printed in an oblong, thick paper shape. Usually time tickets are physical cards that are stamped with beginning and ending times of employees work days. The payroll accountant or bookkeeper creates time tickets after the pay month has ended.
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Answer:
Predetermined overhead rate = $6.5 per hour
Explanation:
Predetermined overhead absorption rate is used to charged indirect costs (overheads) to production units
The Pre-determined overhead absorption rate =
Budgeted overhead/Budgeted machine hours
Estimated overhead
= 50,000+ 25,000+ 75,000 +125,000 + 25,000 +25,000
= $325
,000
Budgeted machine hours = 50,000
Predetermined overhead rate = $325
,000/50,000 hours
= $6.5 per hour
I think the answer is A. Homes have the potential to appreciate in value over time.
Answer:
Method used: Vote
Explanation:
There are 4 common ways of making decisions:
- Command : decisions are made with no involvement.
- Consult: invite input from others and then the desition makers take the final decision.
- Vote: discuss options and then call for a vote.
- Consensus: talk until everyone agrees to one decision.
In this case, since all the members vote for their candidate and trhen the one that receives more votes will be selected, the method used is vote.
Answer:
$59.5
Explanation:
Data provided;
The price of the X-Box = $400.00
layaway fee = 5%
Down payment = 15%
Now,
The total cost of the X-Box = $400.00 + 5% of $400.00
or
= $400.00 + 0.05 × $400.00
= $400 + $20
= $420
The amount of down payment = 15% of $420
= 0.15 × $420
= $63
The amount left after down payment = $420 - $63
= $357
Therefore,
The weekly payment = 
= 
= $59.5
