Super Seniors is a not-for-profit organization that provides services to senior citizens. Superemploys a full-time staff of 10 people at an annual cost of $150,000. In addition, two volun-teers work as part-time secretaries replacing last year's full-time secretary who earned$10,000. Services performed by other volunteers for special events had an estimated value of$15,000. These volunteers were employees of local businesses, and they received small-valueitems for their participation. What amount should Super report for salary and wage expensesrelated to the above items?a. $150,000b. $160,000c. $165,000d. $175,000

To determine the amount Super Seniors should report for salary and wage expenses, we need to…

Answered: Super Seniors is a not-for-profit…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Similar questions

A major league baseball team is ending its season and totaling up concession sales. Looking at receipts they have found that they made $10,486,525 in hot dog sales, $23,451,492 in large drink sales, $4,765,300 in soft pretzel sales and $1,342,653 in nacho sales. If they rounded each item's sales amount to the nearest million, what is the estimated money collected in concession sales?
Last year's freshman class at big state university totaled 5,304 students. Of those, 1,257 received a merit scholorship to help offset tuituon costs their freshman year (although the amount varied per student). The amount a student recieved was N($3,443, $450). If the cost of full tuition was $4,500 last year, what percentage of students who recieved a merit scholarship did not recieve enough to cover full tuition? (Round your answer to the nearest whole percent.)
What would Billy’s weekly net pay be if he earns $20 per hour and worked 40 hours per week. His deductions are FICA of 7.65%, federal income tax of 20%, and state income tax of 16%. He also has to pay $10 per week for health insurance.
The local supermarket buys lettuce each day to ensure really fresh produce. Each morning, any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week, the supermarket can buy fresh lettuce for $11.00 a box. The lettuce is sold for $25.00 a box and the dealer that sells old lettuce is willing to pay $3.00 a box. Past history says that tomorrow's demand for lettuce averages 265 boxes with a standard deviation of 42 boxes. How many boxes of lettuce should the supermarket purchase tomorrow? Note: Use Excel's NORM.S.INV() function to find the z value. Round your answer to the nearest whole number.
SkyChefs, Incorporated, prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon with new potatoes and mixed vegetables. During the most recent week, the company prepared 4,000 of these meals using 960 direct labor- hours. The company paid its direct labor workers a total of $19,200 for this work, or $20.00 per hour. According to the standard cost card for this meal, it should require 0.25 direct labor-hours at a cost of $19.75 per hour. Required: 1. What is the standard labor-hours allowed (SH) to prepare 4,000 meals? 2. What is the standard labor cost allowed (SH x SR) to prepare 4,000 meals? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor efficiency variance?
The buyer for Payless Shoe store decided to order a woman's shoe at a buyers' meeting in Miami. The shoe will be part of the company's Christmas promotion. New designs are coming out after Christmas, so the shoes have to be sold during the Christmas season. Payless plans to hold a special December clearance sale, in an attempt to sell all shoes not sold by November 31st. The shoes will retail at $50 per pair and the company makes a profit of $15 on each pair. At the sale price of $21 per pair, all surplus shoes can be expected to sell during the December sale. The expected demand for the shoes is 700 pairs with a standard deviation of 300 pairs. How many pairs of the shoe should the buyer order?
Last year’s freshman class at Big State University totaled 5,320 students. Of those, 1,262 received a merit scholarship to help offset tuition costs their freshman year (although the amount varied per student). The amount a student received was N($3,450, $480). If the cost of full tuition was $4,050 last year, what percentage of students who received a merit scholarship did not receive enough to cover full tuition? (Round your answer to the nearest whole percent.)
A researcher believed that the number of rental cars in service by a car rental company would have an impact on the total annual revenue for that car rental company. Five small car rental companies were surveyed, with the number of Cars in service recorded in units of 1000 (so if a car rental company had 54000 cars in service, a 54 would be recorded) and Annual Revenue measured in millions of dollars (so an Annual Revenue of $10,000,000 would be recorded as 10). The data follows: Cars (1,000s) Annual Revenue ($ millions)11.5 118 10.0 135 9.0 100 5.5 37 3.3 32 Part of the Excel-generated Simple Linear Regression output is provided below: ANOVA df SS MS F Significance F Regression 1 7891.863897 7891.863897 22.91180151 0.017339231 Residual 3 1033.336103 344.4453677 Total 4 8925.2 Coefficients Standard Error t Stat P-value Intercept -19.12490108 23.1658578…
In response to customer complaints about rising prices of food items, a supermarket responds by making the following offer: For every $10 of purchase, the customers will earn $1 worth of coupons and this way they will end up making twice as much as the supermarket. If the supermarket makes $500 worth of total sales to all customers taken together, how much will it need to restrict its costs to so as to honour the offer? wwwwwwwwwww

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