Jason is considering two different jobs that he has been offered and he likes theatmosphere and other employees equally at both companies.With the first job he would be an apartment property manager for AMLI Company.This job is offering Jason an hourly rate of $19.00 an hour plus a weekly bonus of$200 for the new tenants he sets a one year lease up with. The company expectsJason to work all 52 weeks of the year and 40 hours per week. AMLI's individualhealth insurance costs $115 per month.With the second job he would work as water treatment facility manager in GwinnettCounty. He would be paid an annual salary of $46,000 a year. There aren't anybonuses but the county's health insurance is only $25 per month for an individual.Both companies deduct for Social Security (6.2%), Medicare (1.2%), State Income Tax(3%), and Federal Income Tax (14%).Part A:Determine how much Jason will receive in one year BEFORE all deductions havebeen taken for each company. Show your work neatly.Part B:Determine how much Jason will receive in one year AFTER all deductions have beentaken for each company. Show your work neatly.Part C:Using this information which job would you take if you were Jason? Support yourreasoning.

Let's break down the calculations for Jason's job offers: Part A: Gross Income CalculationFor the…

Answered: Jason is considering two different jobs…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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The Callaghan family owns 410 acres of farmland in Co. Cork on which they grow wheat and oats. Each acre of wheat costs €105 to plant, cultivate, and harvest; each acre of oats costs €210. The Bradleys have a budget of €52,500 for next year. The government limits the number of acres of oats that can be planted to 100. The profit from each acre of wheat is €300; the profit from each acre of oats is €520. The Callaghans want to know how many acres of each crop to plant in order to maximize their profit. iii. Represent the problem in graphical format and highlight the feasible region.
A factory ships weekly shipments of an item to a distribution center and the average quantity shipped is 350 units. The weekly ordering rate for this distribution center is 50 units for an item. Unit price is $ 650. The period of supply from the factory to the distribution center is two weeks (2 weeks). The distribution center must pay for the stock from the moment the manufacturer ships the goods. If the distribution center wants to increase the purchase quantity to 400 units, the factory will give priority to the distribution center and guarantee it Supply period (one week only). Required: What is the effect on the average cycle inventory and the pipeline inventory of the distribution center? With the necessity to comment on the results.
Benjamin currently pays $1,080 for his annual car insurance premium. He is in the marines and will be deployed for 9 months. Since his car will be used much less, there is less risk for the insurance company and it offers him a 66% discount for his annual premium while on deployment. What is the amount he just save each month while on deployment to be able to pay his discounted premium? When Benjamin returns, his premium will revert to the amount prior to deployment. What will his total premium be for the year?
An investor has $5000 to invest in three different accounts. One is low-risk,one is a medium-risk and the third is a high-risk investment. The low-risk account is expected to pay 5.2% interest, the medium-risk investment is expected to pay 6.7% interest and the high-risk investment is espected to pay10.3% interest. Due to her age, the investor is willing to invest twice as much money in the high-risk account as in the low-risk investment. How much money should be invested in each of the accounts to anticipate a return of 8% on the total investment.
Three friends are trying to predict who will make more money at work tomorrow. John works construction: he will make $250 tomorrow unless it rains, in which case he will make $0. Sara works in a restaurant: she will earn $100 if it is sunny, $200 if it is rainy, and $250 if the weather is average. Chris works in a warehouse, and he earns a flat rate of $200 per day, regardless of weather conditions. Suppose there is a 20% chance that tomorrow will be sunny, and 50% chance that the weather will be average, and a 30% chance of rain. Determine tomorrow’s expected earnings for each of these 3 friends. Compute the standard deviation for Sara’s earnings. Handwrite the solution
Tabitha manufactures a product that sells very well. The capacity of her facility is 207,000 units per year. The fixed costs are $157,000 per year and the variable costs are $14 per unit. The product currently sells for $16. a. What total revenue is required for a net income of $482,000 per year? Round to the nearest cent b. If sales were at 55% of the capacity and the variable costs decreased by 25%, what would be the net income per year? Round to the nearest cent
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