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mestny [16]
3 years ago
15

Bob's Auction House's payroll for June includes the following data:

Business
1 answer:
charle [14.2K]3 years ago
6 0
<span>Gross earnings $3,200
Salaries subject to FICA: 
6.2% OASDI 2,500
1.45% Medicare 3,000
Salaries subject to unemployment: 
0.8% FUTA 2,000
2.0% SUTA 2,000
Other deductions include: 
Federal income tax 500
State income tax 300

The gross pay is : 

</span><span>B) $1,942.40</span>
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A shopkeeper explains to you that she keeps down the cost of running her business because her husband works in the shop for free
True [87]

Answer:

explicit cost is kept down, but not the implicit

Explanation:

As we know that there is two cost i.e. explicit cost and the other one is implict cost. The explicit cost is the cost that are spent like out of pocket expenses i.e. salaries & wages, etc. On the other hand the implicit cost is the cost that are spent on diversifying the business

Now as per the given situation, the above is the answer and also the explicit costs are classified into fixed and variable costs while doing the business

3 0
3 years ago
Suppose the equilibrium price of a physical examination ("physical") by a doctor is $200, and the government imposes a price flo
DerKrebs [107]

Answer: the quantity demanded of physicals decreases and the quantity of physicals doctors want to give increases.

Explanation:

Since the equilibrium price of a physical examination ("physical") by a doctor is $200, and the government imposes a price floor of $250 per physical, there will be a reduction in the quantity demanded of physicals decreases and the quantity of physicals doctors want to give increases.

This is because since the price is higher than the equilibrium price, the consumers will reduce their demand for the product while the suppliers will e willing to supply more in order to make more profit.

8 0
3 years ago
why do people take surveys and human verification's for?????????????????????????????????????????????????????????????????????????
Trava [24]
To make sure you are not a robot
8 0
4 years ago
Global Company sold merchandise to Montana Industries for cash, $3,450. The cost of merchandise sold was $1,850. Global Company
BlackZzzverrR [31]

Answer:

Db Accounts Payable or Cash____900

Cr  Inventory account__________________900

Explanation:

The journal entry would be: If merchandise is returned to a supplier, a debit is made to Accounts Payable or Cash, and a credit is made to the Inventory account.

8 0
3 years ago
Debra notes that Theo Chocolate has started holding its own operations to the same IMO standards of fair trade to which it holds
slamgirl [31]

Answer:

The correct answer is letter "A": Ethical leadership.

Explanation:

Ethical leadership is the set of managerial practices that executives use to give an example to their subordinates and promote good values among the organization. This is typically achieved by promoting fair treatment among workers and social awareness with the external environment of the firm.

In the example, <em>Theo Chocolate started to follow the International Maritime Organization (IMO) standards that promote the safety and security of international shipping and forbid marine pollution from ships</em>.

8 0
4 years ago
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