Information on demographic characteristics such as marital status, education, household size, occupation, income, and dwelling unit may have to be specified differently for different countries, as these variables may not be directly comparable across
countries.
Indicate whether the statement is true or false
TRUE
You might also like to view...
Unlike most rights theorists, Immanuel Kant was a strict ________.
A. constructionist B. deontologist C. teleological theorist D. disciplinarian
________ cost is the cost per unit at that level of production; it equals total costs divided by production
A) Target B) Average C) Marginal D) Opportunity E) Fixed
Patrick Poplin is a factory worker at Ingram Inc earning $15.00 per hour. Patrick is eligible for ten paid holidays and three weeks vacation and is paid "time-and-a-half" for overtime. He is also eligible for a $700 bonus at the end of the year
Patrick's earnings so far this year are $7,000. Tax rates are as follows: Employee income tax 15% on all earnings FICA 8% on first $100,00 . of earnings FUTA 1% on first $8,00 . of earnings SUTA 4% on first $8,00 . of earnings Assuming Patrick worked 48 hours this week, calculate the total expense to Ingram Inc for this week's wages, payroll taxes and fringe benefits.
The highest value of total cost was $800,000 in June for Horchata Beverages, Inc. Its lowest value of total cost was $510,000 in December. The company makes a single product. The production volume in June and December were 13,000 and 8000 units, respectively. What is the fixed cost per month? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
A) $510,000 B) $290,000 C) $46,000 D) $8000