User Account

All Pages

Determine the amount of payroll cost

Assignment Help Accounting Basics
Reference no: EM132431972

Question -

1. Salary of the company president-$40,000.

2. Salary of the vice president of manufacturing-$25,000.

3. Salary of the chief financial officer-$20,000.

4. Salary of the vice president of marketing-$18,000.

5. Salaries of middle managers (department heads, production supervisors) in manufacturing plant-$196,000.

6. Wages of production workers-$938,000.

7. Salaries of administrative secretaries-$60,000.

8. Salaries of engineers and other personnel responsible for maintaining production equipment-$178,000.

9. Commissions paid to sales staff-$252,000.

Assuming that Spiller made 4,000 units of product and sold 3,600 of them during the month of September, determine the amount of payroll cost that would be included in cost of goods sold.

Reference no: EM132431972

Questions Cloud

Chronic rheumatic pericarditis : After completing a History and Physical and further tests, she was diagnosed with chronic rheumatic pericarditis.
What are the activities the architect must execute : What are the tips and tricks that make security architecture risk assessment easier? What are the activities the architect must execute?
What you see as his domestic and foreign policy failures : Write a 700- to 1,050-word letter that includes paragraphs on what you see as his domestic and foreign policy failures and his economic, social, and political.
What are the causes of some drug-drug interactions : How does an adverse effect of a drug occur? What are the causes of some drug-drug interactions?
Determine the amount of payroll cost : Assuming that Spiller made 4,000 units of product and sold 3,600 of them during the month of September, determine the amount of payroll cost
What is wrong with racial humour : What is wrong with asking people what race they are? What is wrong with asking people why did you come to Canada?What is wrong by telling people to go home?
Was the given change a positive direction for americans : The 1980s were an important decade technologically and culturally for Americans. Pick a technology developed during the 1980s (IE: Cable television).
Different ways drugs can interact with the body : Compare the different ways drugs can interact with the body, depending on their mechanism of action. Please explain the complete solution of this problem.
Mobile device and processes used to collect that evidence : Discuss what type of evidence can be collected from and mobile device and the processes used to collect that evidence.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd