the following information is available for mandalay company: required a. determine the material price variance based on the quantity of materials purchased. b. determine the material quantity variance. c. determine the direct labor rate variance. d. determine the direct labor efficiency variance.
Answers
(a) Material price variance based on the quantity of materials purchased is $6,000 unfavorable. (b) Material quantity variance is $5,250 favorable; (c) Direct labor rate variance is $3,600 unfavorable; (d) Direct labor efficiency variance is $3,600 favorable.
(a) Material price variance = (actual price - standard price) x actual quantity purchased. Thus:
Material price variance = ($2.50 - $2.20) x 12,000 Material price variance = $3600 unfavorable;(b) Material quantity variance = (actual quantity used - standard quantity allowed) x standard price. Thus:
Material quantity variance = (10,500 - (20 x 500)) x $2.20Material quantity variance = $5,250 favorable;(c) Direct labor rate variance = (actual rate - standard rate) x actual hours. Thus
Direct labor rate variance = ($12 - $10) x 1,800 Direct labor rate variance = $3,600 unfavorable;(d) Direct labor efficiency variance = (actual hours - standard hours allowed) x standard rate. Thus:
Direct labor efficiency variance = (1,800 - (4 x 500)) x $10 Direct labor efficiency variance = $3,600 favorable.This question should be provided with the following data:
Actual
Materials 12,000 pounds purchased at $2.50 per pound; used 10,500 poundsDirect Labor 1,800 hours at $12 per hourUnits Produced 500Standard
Materials 20 pounds per unit at a price of $2.20 per poundDirect Labor 4 hours per unit at a wage rate of $10 per hour
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Related Questions
a single stock futures contract (no multiplier) on a stock with a 2% dividend yield and 3 months to expiration and a current stock price of $56.30 and a one year interest rate of 4.0% should be priced at?
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A single stock futures contract (no multiplier) on a stock with a 2% dividend yield and 3 months to expiration and a current stock price of $56.30 and a one-year interest rate of 4.0% should be priced at $56.12.
To calculate the price of a single stock futures contract with no multiplier, we need to use the cost of carry model. This model takes into account the current stock price, the risk-free interest rate, and the cost of carrying the underlying asset until expiration.
In this case, the stock has a 2% dividend yield, which means the cost of carrying the stock will be reduced by 2% over the three-month period. The one-year interest rate is 4%, which means the cost of carrying the stock will increase by 1% over the three-month period.
Using the cost of carry model, the price of the futures contract would be calculated as:
Futures price = (S + C - P) x e^(rt)
Where S is the current stock price, C is the present value of the dividends, P is the present value of the funding cost, r is the risk-free interest rate, and t is the time to expiration.
Assuming a dividend of $0.28 per share (2% of $56.30) and a funding cost of $0.46 per share (4% of $56.30 divided by 4), the futures price would be:
Futures price = ($56.30 + $0.28 - $0.46) x e^(0.04 x 0.25)
Futures price = $56.12
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Pedro is a very talented young man who lives in a small, remote town in the mountains. He gets good grades, plays in the band, and is active in the drama club. He is close to his large family and wants a career that will allow him to maintain his current life style. What career option should Pedro consider? A. Teacher B. Musician C. Actor D. TV personality
Answers
Answer:
A. Teacher
Explanation:
If Pedro chooses to become an actor, a musician, or a TV personality, and was successful, he wouldn't be able to maintain his current life style. In order to try to be successful, he would have to move to a large city by his own. Musicians, actors and TV personalities earn money depending on their popularity, and remote towns in the mountains are not very densely populated.
In the past few years, the internet has helped some people to become influencers or has helped musicians to become famous and earn money, but most of them eventually had to do things in the real world, not only the internet in order to remain popular.
Why do you think assistant coaches play such a significant role in these scandals?
Answers
Answer:
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Explanation:
`What type of market structure exists for the fast food industry?
Answers
Answer:
http://sellsidehandbook.com/2018/10/08/understanding-market-structure-perfect-competition-monopoly-and-monopolistic-competition/
Explanation:
a company’s _ tells you how much money the company has left over after subtracting all expenses
Answers
Answer:
A company's net profit tells you how much money the company has left over after subtracting all expenses.
Explanation:
A net profit, is when all of the companies money is spent on the things they need... and then it shows you what is left over. A company's profit is called net income or net profit. Net profit or income, is the total money remaining after accounting all of the cash flows, positive and negative numbers included.
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Analysis of Mueller Company's accounts show that as a result of a single transaction, both cash and notes payable increased by $10,000. Which transactions would have caused this increase?
Answers
Answer: borrowing cash and signing a promissory note.
Explanation:
Analysis of Mueller Company's accounts show that as a result of a single transaction, both cash and notes payable increased by $10,000.
The transactions that would have caused this increase are borrowing of cash and signing a promissory note. It should be noted that since the cash and notes payable increased by $10,000, it simply means that the company has borrowed funds.
Which of the following is a benefit of using storyboards? (select all that apply)
a. they do not use images
b. they help team members remember the sequence of a project's phases
c. they help with the planning stage
d. they usually do not take very much time to make
e. they help with the final draft stage
f. they can be a good way to communicate a project's stages
answer: B, C, F
Answers
The storyboards help maintain the sequence of any stage of a project and develop a communication among the team members to implement the plan in a better way.
What are the uses of storyboards?Storyboards are influential and immensely beneficial to an organization in the different stages of a project. Beginning from the planning stage, and establishes a coordination and communication among the team members.
Hence, options B, C and F hold true regarding the storyboards' benefits.
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You open a new bank account at Eastside Savings. You see FDIC stickers around the bank, and the teller specifically mentions that Eastside
Savings is "FDIC Insured". A few months later, you hear on the radio that Eastside Savings is struggling to stay in business. Your savings balance
Is $500. What would happen to that money if Eastside Savings failed?
A.You could lose $250 since FDIC Insurance only covers 50% of the money you have deposited.
B.You would lose all of your money.
C.You would receive $250,000 since FDIC Insurance provides each account at the bank with $250,000 regardless of how much they
have deposited
D.You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Answers
Answer:
The correct option is D. You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Explanation:
Based on the information given what would happen to that money in a situation where Eastside Savings failed is that such individual would receive all the money he/she have deposited at Eastside Savings reason been that FDIC which is fully known as FEDERAL DEPOSIT INSURANCE CORPORATE insurance covers accounts up to the amount of $250,000 and Secondly Eastside Savings is "FDIC Insured".
1} When making decisions regarding the use of resources, options NOT chosen are known as which of the following?
A} The economic allowance for the option chosen
B} The chosen option’s tangible adversary
C} The opportunity cost of the option chosen
D} The chosen option’s conscious rejection
Answers
Answer: The answer is C opportunity cost of the option chosen
Explanation:
Human want are numerous while the resources to satisfy them are limited in supply. Because of the scarcity of resources this informed the use of scale of preference to rank our want in their order of preference. Then arise the concept of opportunity cost ,opportunity cost is the value of benefit sacrifice in favour of an alternative course of action in the sense that the acceptance of one option will automatically lead to the rejection of the second option. It is the cost of doing anything that could have been obtained if that particular decisions has not been taken. The return forgone from its use is the opportunity cost.
what happens to the production of product a as a result of comparative advantage? question 4 options: the output of product a increases to 800,000 total units. the output of product a increases to 60,000 total units the output of product a decreases to 0 total units. the output of product a decreases to 30,000 total units.
Answers
Option (b), Product A's output rises to 60,000 total units as a result of comparative advantage in production.
"Production Comparative Advantage": What does the term mean?Having a comparative advantage is being able to produce something for less money than everyone else. Comparative advantage and superiority in a particular subject are two different things. A competitive advantage over competing agents in an economic model is provided by the capacity to manufacture a particular good at a lower relative opportunity cost or autarky pricing, in other words, at quite a lower relative marginal cost prior to transaction.
What objective does comparative advantage assist with respect to production?One advantage of comparative advantage is having the capacity to produce a good or service for a lower opportunity cost. Businesses that enjoy a comparative advantage can sell their goods and services for less than their competitors, boosting their profit margins and sales.
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The complete question is:
The Gains from Trade
Output Before Specialization and Trade
U.S. Japan Total
Product A 20,000 30,000 50,000
Product B 500,000 30,000 530,000
Output After Specialization and Trade
U.S. Japan Total Net Gain
Product A 0 60,000 60,000 10,000
Product B 800,000 0 800,000 270,000
What happens to the production of Product A as a result of comparative advantage?
Felix Company recently sold some used furniture for $4,000 cash. The furniture cost $20,000 and had accumulated depreciation through the date of sale totaling $17,000. What is the journal entry to record the sale of furniture
Answers
The journal entry to record the sale of furniture for Felix Company would be as follows:
Debit: Cash - $4,000
Credit: Accumulated Depreciation - $17,000
Credit: Furniture (or Fixed Assets) - $20,000
The cash received from the sale is debited for $4,000, as it represents an inflow of cash for the company. The accumulated depreciation account is credited for $17,000, which represents the total depreciation that had been recorded on the furniture up to the date of the sale. Finally, the Furniture account is credited for its original cost of $20,000, which reduces the balance of the account to reflect the sale.
The net effect of this transaction is a loss of $3,000 ($20,000 - $17,000 - $4,000), which would be reported in the company's income statement as a loss on the sale of furniture.
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euan is planning three sales during the third quarter of the year at party city. the first is at a week before easter, the second is the week before halloween, and the third is black friday. these sales would be considered to be
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The sales at Party City that Euan is planning during the third quarter of the year would be considered promotional events or special promotions.
The first sale, which is scheduled for a week before Easter, aims to take advantage of the increased shopping activity that typically occurs during this holiday season. Many people purchase Easter-themed decorations, costumes, and party supplies during this time, making it a prime opportunity for Party City to offer discounts and promotions to attract customers.
Similarly, the second sale, which is planned for the week before Halloween, capitalizes on the high demand for costumes, decorations, and party supplies during this spooky holiday. Halloween is a popular celebration, and Party City can leverage this by offering attractive deals and promotions to entice customers to choose their store for their Halloween shopping needs.
Lastly, the third sale, scheduled for Black Friday, is a well-known and widely anticipated shopping event that takes place the day after Thanksgiving. On this day, many retailers offer significant discounts and deals, and Party City plans to join in on the action by offering special promotions to attract shoppers looking for party supplies, decorations, and other items for upcoming holiday celebrations.
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cafta refers to . a. a free trade agreement between the united states and five central american countries and the dominican republic b. a proposed customs union between nations that are present near the pacific ocean c. a regional integration mechanism integrating two existing customs unions (andean community and mercosur) in south america d. a proposed free trade area for the entire western hemisphere
Answers
Cafta or also known as The Dominican Republic-Central America FTA (CAFTA-DR) refers to (A) a free trade agreement between the united states and five central american countries and the dominican republic.
The Dominican Republic-Central America FTA or also known as (CAFTA-DR) can be defined as the first free trade agreement between a group of smaller developing economies and the United States. The five central american countries are including Central American neighbors Costa Rica, Guatemala, Honduras, El Salvador, Nicaragua. Cafta was formed in July 2005 and has a purposes to eliminate tariffs and trade barriers and expand regional opportunities for the workers, consumers, farmers, manufacturers, ranchers and service providers of all the countries
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4. What is a private enterprise system? What four rights are
critical to the operation of capitalism? Why would capital-
ism function poorly in a society that does not ensure these
rights for its citizens?
1
Answers
The four rights that are critical to the operation of capitalism are:
the right to own private property, the right to own a business and keep all that business's profits, the right to freedom of choice, the right to freedom of competition.The main reason why capitalism would function poorly in a society that does not ensure these rights for its citizens is that they would not be able to do business in a free way.
What is a private enterprise system?
This refers to the capitalist, market-based economy, rather than a command economy
Hence, we can see that The four rights that are critical to the operation of capitalism are:
the right to own private property, the right to own a business and keep all that business's profits, the right to freedom of choice, the right to freedom of competition.The main reason why capitalism would function poorly in a society that does not ensure these rights for its citizens is that they would not be able to do business in a free way.
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The anthropocentric job design approach places emphasis on:
a. engineering considerations.
b. union-management cooperation.
c. work-group and team skills.
d. good social support systems.
Answers
The anthropocentric job design approach places emphasis on good social support systems (option d).
The anthropocentric job design approach places emphasis on good social support systems. This approach focuses on the human aspect of work, prioritizing employees' needs, well-being, and satisfaction in the work environment. By doing so, it aims to create a positive and productive workplace that fosters employee engagement and motivation.
Good social support systems are an essential component of this approach, as they help employees to effectively cope with the demands of their job and maintain their overall well-being. These systems may include:
1. Communication channels: Providing open, transparent, and accessible channels of communication allows employees to voice their concerns, offer suggestions, and foster a sense of belonging within the organization.
2. Team collaboration: Encouraging teamwork and cooperation helps employees to build strong working relationships, which can result in improved job satisfaction and better work outcomes.
3. Supervisor support: Managers play a crucial role in fostering a supportive environment. Providing guidance, feedback, and resources enables employees to perform their tasks effectively and develop professionally.
4. Work-life balance: Implementing flexible work arrangements, such as remote work or flexible hours, can help employees manage their personal and professional responsibilities, reducing stress and improving well-being.
5. Employee assistance programs (EAPs): Providing access to mental health support, financial advice, or other services can help employees address any challenges they may face, promoting their well-being and job satisfaction.
In conclusion, the anthropocentric job design approach emphasizes good social support systems to create a work environment that values human needs, ultimately leading to higher employee satisfaction, increased productivity, and a more successful organization. The correct option is d) good social support systems.
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There are many different sources of income. Usually, most of an adult's income comes from _____.
dividends
rent
taxes
salary
Answers
Answer:
d. salary
Explanation:
There are many different sources of income. Usually, most of an adult's income comes from salary.
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charles, a self-employed real estate agent, attended a conference on the impact of some new building codes on real estate investments. his unreimbursed expenses were as follows:
Answers
Self-employed real estate agent Charles went to a conference on how new construction rules may affect real estate investments. These were his unreimbursed expenses: $150 for plane travel, $450 for registration fees, $75 for travel, and $125 for meals. Option D is correct.
Charles, as a self-employed real estate agent, can claim tax deductions for the unreimbursed expenses he incurred while attending the conference. These expenses can be categorized into registration fees, airfare, transportation, and meals.
To claim the deduction, Charles needs to use Schedule C (Form 1040) to report his business income and expenses. The expenses he incurred while attending the conference should be reported on line 17b (Other expenses).
For each of the expenses listed, Charles should keep records such as receipts, invoices, and credit card statements to support the deductions he claims. It's important to note that he cannot deduct expenses that were reimbursed by his employer or any other source.
In this case, Charles incurred a total of $1,850 in unreimbursed expenses related to attending the conference. To maximize his tax deduction, he should claim the full amount of these expenses on line 17b of his Schedule C. It's also worth noting that if Charles used his personal vehicle to travel to and from the conference, he can claim a deduction for the mileage using the standard mileage rate set by the IRS.
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Complete question:
Charles, a self-employed real estate agent, attended a conference on the impact of some new building codes on real estate investments. his unreimbursed expenses were as follows:
A) $500 for registration fees, $200 for airfare, $100 for transportation, and $150 for meals
B) $600 for registration fees, $100 for airfare, $50 for transportation, and $200 for meals
C) $400 for registration fees, $300 for airfare, $75 for transportation, and $100 for meals
D) $450 for registration fees, $150 for airfare, $75 for transportation, and $125 for meals
2011/1/14 Paid wages 50,000
journal entry
Answers
Answer:
see below
Explanation:
Wages are business expenses. In the Double entry system, an increase in expenses is a debit entry.
When wagers are paid, cash available reduces. Cash is an asset account. A decrease in an asset account is a credit entry.
the Journal entry in the case will be
Wages A/C Dr $5000
Cash A/C Cr $5000
on december 31 of the current year, paxton corp. purchased 80% of the outstanding common stock of small inc. on the purchase date, the book value of small's net assets equaled $1,800,000 and the fair value equaled $2,000,000. in the current year consolidated balance sheet non-controlling interests were reported at $425,000. under the acquisition method, what amount should be reported as goodwill in the current year consolidated balance sheet?
Answers
The cash outlay over the net asset's fair value is called the gross outlay, or GW. Small Inc.'s 100% cost would be $2,125 if the non-controlling stake, or 20% of the company, was $425. GW of 125 was produced from cash of 2,125 less the FV of 2,000.
What is meant by stock?The ownership of a portion of the issuing company is represented by a stock, sometimes referred to as equity, which is a type of security. The term "shares" refers to the units of stock, each of which entitles the holder to a specific share, based on the number of shares owned, of the company's assets and income.The stock market can be conceptualized as a network of stock exchanges where traders and investors can buy and sell shares of publicly traded firms. This is an effective approach to think about the stock market. Initial public offerings, or IPOs, are a way for private companies to sell shares of their stock on a market (IPO).The term "stock answer," "stock statement," or "stock manner of doing something" refers to something that is frequently employed, oftentimes because individuals are too lazy to come up with a novel response.To learn more about stock refer to:
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Trade is based on the agreement of the trading partners. Why is this important? What does the agreement of each trading partner reflect about how the transaction affects their personal well-being?
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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What the possible careers in Law
Answers
Answer:
Types of Law Careers. Banking and Insurance: Administrative Law Officer, Specialist Law Office. Public Prosecutor. State-Level or Local-Level Judge.
PLEASE MARK ME BRAINLIEST.Auditors may choose not to confirm accounts payable because:
Answers
The auditor may choose not to check the liability as other reliable external evidence is likely available to support the balance.
What is an auditor?An auditor is a person who verifies the accuracy of recorded commercial transactions. Auditors need to confirm that the processes are working as planned and that the financial statements prepared by the organization fairly reflect its operations and financial results. They mainly deal with statutory audits.
It examines the company's financial records and accompanying financial report presentations. This person can also independently analyze various processes within the company and assess the level of corporate governance. Internal auditors report their findings and suggestions for improvement to the Board of Directors.
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1.a juice company has available two kinds of food juices: orange... 1. a juice company has available two kinds of food juices: orange juice and grape juice. the company produces two types of punches: punch a and punch b. one bottle of punch a requires 20 liters of orange juice and 5 liters of grape juice.1 bottle of punch b requires 10 liters of orange juice and 15 liters of grape juice. from each of bottle of punch a a profit of $4 is made and from each bottle of punch b a profit of $3 is made .suppose that the company has 230 liters of orange juice and 120 liters of grape juice available required: a. formulate this problem as a lpp(1 point) b. how many bottles of punch a and punch b the company should produce in order to maximize profit? (using the simplex method)(8 point) c. what is this maximum profit?(1 point)
Answers
The juice company have a maximized profit of $51 when they produce 9 bottles of Punch A and 5 bottles of Punch B
The linear programming model of the problemThe following table represents the given parameters
Punch A (x) Punch B (y) Available
Orange 20 10 230
Grape 5 15 120
Profit 4 3
From the above table, the linear programming models are:
Objective function: Max P = 4x + 3y
Constraints
20x + 10y ≤ 230
5x + 15y ≤ 120
x , y ≥ 0
The bottles to be produced by the companyTo do this, we plot the graph of the constraints
See attachment for the graph of the constraints
Where we have:
Punch A (x) = 9Punch A (y) = 5This means that the company have to produce 9 bottles of Punch A and 5 bottles of Punch B for profit to be maximized
The maximum profit?In (b), we have:
x = 9 and y = 5
Substitute these values in P = 4x + 3y
P = 4 * 9 + 3 * 5
P = 51
Hence, the maximum profit of the company is $51
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Postal service shows the national identity of country. Justify.
Answers
if the money multiplier is 3 and the fed buys $50,000 worth of bonds, what happens to the money supply? a. it decreases by $200,000. b. it decreases by $100,000. c. it increases by $100,000. d. it increases by $150,000.
Answers
If the money multiplier is 3 and the Fed buys $50,000 worth of bonds, the money supply will increases by $150,000. Hence option (d) is the answer.
What are money supply and its types?The entire amount of money held by the general population at any particular time is referred to as the "money supply" in macroeconomics. The two most popular metrics for defining "money" are demand deposits and the amount of money in circulation, however, there are numerous other approaches as well.
The phrase "money supply" refers to the total amount of cash that a nation's citizens have access to as well as the total amount of cash that may be utilized in its economic system. The two components of the money supply are currency and bank-held demand deposits. The two sorts of currency that are produced are paper money and coins.
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Energy-efficient jobs are growing! One job includes being a conservation scientist, which is part of the STEM job cluster. What is the best definition for a conservation scientist?
Answers
Answer: manage improve, and protect natural resources to maximize their use without damaging the environment.
Explanation:
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cullumber , inc., is expected to grow at a constant rate of 6.00 percent. if the company's next dividend, which will be paid in a year, is 1.74 and its current stock price is 22.35, what is the required rate of return on this stock?
Answers
The required rate of return on Cullumber Inc.’s stock is 8.68%. By dividend discount model: Required rate of return = (Dividend / Stock Price) + Growth Rate = (1.74 / 22.35) + 6.00% = 8.68% The dividend discount model is used to calculate the required rate of return for a stock based on the dividends paid by the company, the current stock price, and the expected growth rate of the company.
The expected dividend paid by the company is divided by the current stock price to get the current dividend yield. This number is then added to the expected growth rate to get the required rate of return.
For example, in this case, the dividend paid by Cullumber Inc. is 1.74, the current stock price is 22.35, and the expected growth rate is 6.00%. By dividing 1.74 by 22.35, the current dividend yield is calculated to be 0.0777, or 7.77%. Adding this to the expected growth rate of 6.00% gives us the required rate of return of 8.68%.
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Now suppose firm x undertakes a process innovation that reduces its marginal cost of production from $20 to $15. the fixed cost of undertaking this process innovation is f > 0. is this a tough commitment or a soft commitment? why? for what values of f would it makes sense for firm x to make this commitment?
Answers
Answer:
(A). It is a tough commitment.
(B). when the value of f is less or equal to 198.
Explanation:
So, we are given from the question above that;
=> there is reduction in the marginal cost of production from $20 to $15.
=> Also, the fixed cost of undertaking this process innovation is f > 0.
Recall that the demand functions is given as;
Qx = 80 – 2Px + Py. ------------------(**).
Qy = 80 – 2Py + Px a).---------------------(***).
Hence, if we Differentiate πx with respect to Ax we will have that;
(Px - 15) × (-2) + ( 80 - 2Px + Py) = 0. ----------------------------------------------------------(1).
=> 110 + Py = 4 × Px.
Solving for Py and Px using the Bertrand equilibrium gives;
Px = 37.3 and Py = 39.3.
If we slot in the values of Py and Px above into the demand function in equation (**) and (***) we will have;
Qx = 44.7 and Qy = 38.7.
Before innovation = (40 - 20) × 40. = 800
Then, (39.3 - 20) × 38.7 = 747.3 is the after innovation.
(37.3 - 15) × 44.7 - f.
=> 997.5 - f (after innovation).
The values of f would it makes sense for firm x to make this commitment when;
after innovation > before innovation.
997.5 - f > 800.
=>f is less or equal to 198.
Devon was surprised that his pay check was less than he had expected. His
paycheck was reduced because
had been withheld by his employer.
OA. incentives
B. commissions
C. gross pay
OD. deductions
Answers
The answer is C. Gross pay. Devon's paycheck was reduced because it had been withheld by his employer as gross payment.
"Gross pay" mean?Before any taxes, benefits, or other payroll deductions are done , an employee's gross salary is what they are paid. Net pay, often known as take-home pay, is the amount that is given after all withholdings have been taken into consideration.
Calculate my gross pay?Start by determining the total amount need for each pay period in order to see an employee's gross compensation. Hourly workers multiply their total hours worked by their hourly rate, plus any overtime. Employees on a salary split their yearly earnings by the number of pay periods.
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