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Question -
Trevor is learning how to calculate PAYG tax withheld amount. Although, he knows MYOB will calculate the figure for him automatically, he was to be able to process the pays manually should the computer system 'crash' on pay day. Calculate PAYG withholding using the following figures and the 2015-16 weekly tax tables.
Employee details - Max Brenner
$
Weekly pay
495
Overtime
75
Claiming tax-free threshold
Yes
Entitled to leave loading
Claiming tax offsets
No
Adjustment for Medicare
21
Adjustment for HELP debt
10
Before the corporate expenses are allocated to the sales districts, what wholesale price will Krupsak pick for the Australian T-shirts and how many T-shirts will he sell? Show how you derived these numbers.
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Prepare the corporation's journal entry to record the re acquisition of the bonds.
the actual manufacturing overhead incurred at hogans corporation during april was 64400 while the manufacturing
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Indicate the effect of the error on 2013 Net Income
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