Employee demotion is one of the least frequently cited reasons for a finding of constructive discharge under Title VII of the Civil Rights Act of 1964

Indicate whether the statement is true or false


F

Business

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Rogers Rods & Reels Ltd. Rogers Rods & Reels Ltd. manufactures and sells various types of fishing equipment. At the end of 2011, Rogers had estimated for the production and sale of 15,000 bass fishing rods. Each rod has a standard calling for 1.5 pounds of direct material at a standard rate of $8.00 per pound and 15 minutes of direct labor time at a standard rate of $.18 per minute. During 2012,

Rogers actually produced and sold 16,000 rods. These 16,000 rods had an actual direct materials cost of $179,200 (25,600 pounds at $7.00 per pound) and an actual direct labor cost of $44,800 (224,000 minutes at $.20 per minute). Each rod sells for $50. Refer to the Rogers Rods & Reels Ltd. information above. What is Rogers' net operating income based on a flexible budget? A) $579,500 B) $564,800 C) $576,000 D) $590,000

Business

The Rollins Company has office employees and shipping employees. A summary of their earnings and deductions for the week ended June 14, 2019, is shown below. On page 6 of a general journal, record the June 14 payroll and the entry to summarize the effect of the checks written to pay the payroll.Earnings and DeductionsOffice EmployeesShipping EmployeesGross Earnings$1,150.00$980.00Social Security Tax71.3060.76Medicare Tax16.6814.21Income Tax135.0094.00Health Insurance  23.00  23.00Net Pay for Week$ 904.02$788.03

What will be an ideal response?

Business

Which one of the following transactions is not governed by Article 2 of the UCC?

a. Purchasing an automobile for $35,000 b. Leasing an automobile worth $35,000 c. Purchasing a stereo worth $501 d. Purchasing a stereo worth $499

Business

Toymaker Spin Master, did not properly forecast demands for their new product, Hatchimals, in 2016. This caused stockouts for their distributors.

Answer the following statement true (T) or false (F)

Business