Breon's gross pay for the week is $273.5
Hourly rate for the company = $6.50
Number of hours in the human resource department = 31 hours
Hourly rate at her regular job = $6.5
hours at the front desk = 9 hours
hours at the front desk = 9 hours
rate at the front desk = $1.50
The gross pay =
$6.5 * 31 + 6.5*9 + 9*1.5
= 273.5 dollars
Breon's gross pay is therefore 273.5 dollars
This is the total amount of money that an employee of a company would receive as payment before their taxes and other deductions are removed.
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Answer:
The answer is D.
Explanation:
Net investment equals Gross investment minus depreciation.
Net investment equals Investment at the beginning of the year minus Investment at the end of the year.
Net investment = $105 million - $100 million.
Net investment = $5million.
Depreciation = 20% of investment at the start of the year
= 20% of $100million
= $20million.
Gross investment is therefore,
$5million + $20million
=$25 million
Answer:
Option D,$25 million is the correct answer.
Explanation:
The net investment formula can be used to compute gross investment by changing the subject of the formula as shown below:
Net investment = gross investment minus depreciation
Net investment =Closing capital stock minus opening capital stock
closing capital stock is $105 million
opening capital stock is $100 million
net investment=$105 million-$100 million=$5 million
Gross investment is unknown
depreciation=opening capital stock* depreciation %
depreciation=$100 million*20%
=$20 million
$5 million=gross investment-$20 million
gross investment =$5 million+$20 million
gross investment =$25 million
a) What is the economic production quantity?
enter your response here units (round your response to two decimal places).
The economic production quantity (EPQ) is a formula used to determine the optimal production quantity that minimizes both holding and ordering costs. The economic production quantity for Race One Motors is 2043.08 units.
In the case of Race One Motors, we need to find the ideal production quantity that will help the company maintain its inventory while keeping its costs at a minimum.
Using the given information, we can calculate the EPQ as follows:
EPQ = sqrt[(2AO) / H]
Where,
A = annual usage rate of subcomponents
O = ordering cost per order
H = holding cost per item per year.
Plugging the values, we get:
EPQ = sqrt[(2 x 31250 x 200) / 6]
EPQ = sqrt[(12500000) / 6]
EPQ = 2043.08
Therefore, the economic production quantity for Race One Motors is 2043.08 units. This means that if the company produces this amount of subcomponents, it will be able to minimize its holding and ordering costs.
It is important for Race One Motors to determine the EPQ because it helps the company to optimize its production and inventory management. By producing the optimal quantity, the company can reduce its holding costs, which include storage, insurance, and handling costs. At the same time, by minimizing the number of orders placed, the company can also reduce its ordering costs, which include administrative and transportation expenses.
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Answer:
a)201,000 units
b) 175,167 units
Explanation:
As per the data given in the question,
Details Materials Conversion
Calculation Units Calculation Units
Units completed
and transferred (150,000+17,000)×100% 167,000 (150,000+17,000)×100% 167,000
Ending WIP 34,000×100% 34,000 34,000×24% 8,160
Total units (167,000+34,000) 201000 (167,000+8,167) 175,167
Section 302 of Sarbanes-Oxley requires the CEO and CFO to review all financial reports and sign the reports.
One of the three questions put forth by the Institute of Business Ethics is "Do I mind others knowing what I have done?"
Ethical issues may be faced on a small scale, such as making a business decision to produce excess inventory for the sole purpose of trying to influence managers’ bonuses.
A manager who spends excess budgeted funds remaining at the end of a fiscal year on unnecessary expenditures thinking that it is better to "use it than lose it" is acting ethically.
The Foreign Corrupt Practices Act was implemented in 2001 to protect investors by enhancing the accuracy and reliability of corporate financial statements and disclosures.
Answer:
Statement 1, 2 and 3 are correct whereas statement 4 and 5 are false statements.
Explanation:
Statement 1 is correct because Section 302 of Sarbanes-Oxley states that the principal executive and the CFO must review the report and sign it as well to certify that these reports are accurate.
Statement 2 is correct because it is one of the 3 questions put forth by the Institute of Business Ethics.
Statement 3 is correct because ethical issues can be faced on smaller scale. It can be faced while purchasing from small stores where they we can easily manipulate the facts.
Statement 4 is false because a manager who is manipulating facts is not acting ethically.
Statement 5 is also incorrect because Foreign Corrupt Practices Act was enacted to restrain people and entities to bribe government officials of other countries for assistance in obtaining or restraining business.
Section 302 of Sarbanes-Oxley requires CEO and CFO to review and sign financial reports. Institute of Business Ethics question is about others knowing what one has done. Ethical issues can be faced on a small scale like influencing bonuses. Manager spending excess funds is not ethical. Foreign Corrupt Practices Act protects investors.
Section 302 of Sarbanes-Oxley requires the CEO and CFO to review all financial reports and sign the reports. (True)
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If consumer satisfaction is to be assumed as the objective of macro marketing system , in such a case each consumer should decide how to best satisfy his or her own wants.
Consumer wants are ever-upgrading and unlimited
Customer satisfaction is a niche concept of deriving satisfaction from consumption of certain goods and services .
Such goods and services can be subjective and may change due to external factors acting upon the situation.
Satisfaction is directly related to utility a person derives from its consumption .
To explain this with an example we may say that, a drunkard derives utmost satisfaction by consuming alcohol even after knowing the ill effects of the same and wont get much satisfaction in consuming orange juice.
Summing up above points we can say that if consumer satisfaction is to be taken as the objective for marketing purposes the correct option is C Each consumer should get to decide how best to satisfy his or her wants .
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B) Objectives and Task Method As a result, the "objectives and task" method are regarded as one of the most logical budgeting strategies for advertising.
The objectives and goals of marketing and advertising are established using this strategy.
The objective task method, which is also known as the "objective and task" method, is a system in which a business decides how much money to put into its marketing budget based on specific goals rather than just on sales revenues or projections.
The competitive paritymethod works on the premise that competing businesses have comparable marketing objectives and rationally implement them. Therefore, if a competitor spends approximately 5% of net sales on advertising, the company will match that competitor's advertising budget.
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