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Which of the following are true of contributions to a SIMPLE IRA? (1) employee salary reduction contributions are subject to FICA (2) eligible employees may make catch-up contributions of $5,000 in 2011 (3) direct employer contributions are not subject to FICA (4) employers are required to make a contribution equal to 5% of compensation for all eligible employees a. (1) and (3) only b. (1) (2) and (3) only c. (2) (3) and (4) only d. (1) (2) (3) and (4)
1. hien inc. uses machine-hours as the base to apply its manufacturing overhead. the following information relates to
Assuming a 40% tax rate, what amount of income tax expense should the bank report?
1 at the beginning of the period the cutting department budgeted direct labor of 155000 direct material of 165000 and
Two measures of horizontal analysis-for example, compute the total change in assets by percentage, by dividing current assets in 2005 by current assets in 2004. Compute a similar percentage for current liabilities.
what are temporary differences? what gives rise to temporary differences? the fasb requirement states that deferred
developing and using a predetermined overhead rate high-low cost estimationfor years daytona parts company has used an
Each unit of Blue Corporation's inventory has a ceiling of $2,850, a normal profit margin of $1,000, and a current replacement cost of $1,900.
The other vice president has one production facility with three cost centers reporting to her. Draw the company's organization chart.
calculate the amount of net profit with the use of following figures sales 10000units selling price 10 per unit
What effect would Dylan's actions have on the balance sheet? The income statement? How much discretion does a business have with regard to accommodating hardship situations? (Challenge).
The directors declare a 10% stock dividend when the market value is $15. The reduction of retained earnings as a result of the declaration will be:
during march the production department of a process manufacturing system completed a number of units of a product and
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