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Mack Banta, a nonexempt account representative, worked extra hours this week as a call operator. A number of operators were out for the week and Banta was asked to pick up some of their hours. Can the company pay Banta at a lower pay rate for the hours he worked as an operator? These extra hours also pushed Banta's work time over 40 hours. How should the company calculate Banta's overtime pay?
Clifford Company's comparative balance sheet included dividends payable of $80,000 at December 31, 2009, and $100,000 at December 21, 2010. Dividends declared by Clliford during 2010 amounted to $400,000. 1) Caluculate the amount of dividends actu..
Foren Corporation had the following transactions pertaining to debt investments.an. 1 Purchased 50 8%, $1,000 Choate Co. bonds for $50,000 cash plus brokerage fees of $900. Interest is payable semiannually on July 1 and January 1.
microsoft extended the warranty on its x-box 360 video game console and said it will take a charge of more than 1
a company with a break-even point at 900000 in sales revenue and had fixed costs of 225000. when actual sales were
panmar inc. is preparing a statement of stockholders equity for 2014. on january 1 2014 panmar started the year with a
research and development lo10-8in 2013 space technology company modified its model z2 satellite to incorporate a new
If I have $4,000 worth of beginning inventory and purchase $10,000 additional in the month. I have $12,000 worth of storeroom issues throughout the month and $150 in employee meals. My cost of goods sold for the month is _______ and I found this u..
which one of the following accounts would not appear on the consolidated financial statements at the end of the first fiscal period of the combination?
Journalize May transactions. post entries to general ledger, Prepare trail balance ,Prepare income statement, owners' equity statement and balance sheet.
townson company had gross wages of 200000 during the week ended december 10. the amount of wages subject to social
when examining payroll transactions an auditor is primarily concerned with the possibility ofa posting of gross
qp corp. sold 6500 units of its product at 50 per unit in year 2010 and incurred operating expenses of 5 per unit in
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