QuadCity Manufacturing, Inc. reported the following items:
Sales = $6,000,000; Variable Costs of
Production = $1,500,000; Variable Selling and Administrative Expenses = $550,000; Fixed Costs =
$1,350,000; EBIT = $2,600,000; and the Marginal Tax Rate = 35%. QuadCity's break-even point in
sales dollars is
A) $2,050,633. B) $2,785,000. C) $2,197,500. D) $2,438,750.
A
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According to the text, ________ is a central component of the environment
A) economic behavior B) organizational behavior C) ethical behavior D) stock price of the publicly held company in question E) buyer behavior
Kamil needs to reduce the size of his company’s workforce. He does not use diversity as a criterion for dismissals and does not target diverse employees, but the effect of the layoffs is to reduce diversity in the company. What criterion did Kamil most likely use when dismissing employees?
a. age b. gender c. performance d. seniority (firing newest employees)
The payroll records of a company provided the following data for the current weekly pay period ended March 12. EmployeesEarnings to End of Previous WeekGross PayFederal Income TaxesMedical Insurance DeductionUnion DuesUnited WayD. Hui…….$ 5,800$800$120$35$10 $10B. Kim…….6,8501,1001803510 15C. Sly…...12,9001,4404043510 40Assume that the Social Security portion of the FICA taxes is 6.2% on the first $128,400 and the Medicare portion is 1.45% of all wages paid to each employee for this pay period. The federal and state unemployment tax rates are 0.6% and 5.4%, respectively, on the first $7,000 paid to each employee. Calculate the net pay for each employee.
What will be an ideal response?
In order to be useful, tacit knowledge must be:
a. Coordinated b. Restricted c. Secret d. Codified