Determine the amount of the fringe benefits cost

Assignment Help Accounting Basics
Reference no: EM132025663

Question - Kaplan Services Company (KSC) has 67 employees, 27 of whom are assigned to Division A and 40 to Division B. KSC incurred $400,660 of fringe benefits cost during 2014.

Required: Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B.

Reference no: EM132025663

Questions Cloud

What are the methods to consider project risk : Discuss how project risk can impact the financial decisions made with cash flow analyses. What are the methods to consider project risk?
Calculate pre-tax profit instead of net income of the firm : Calculate "pre-tax profit" instead of "net income" of the firm since there is not a tax rate given in the question.
What is the estimated purchases in dollars : For the coming month your company estimates sales to be $100,000 and then increase by 5% for the next two months. What is the estimated purchases in dollars
Find the total sales realized during february : The Cash collection from the sales during February was 60% and the remaining to be collected next month. Find the total sales realized during February
Determine the amount of the fringe benefits cost : KSC incurred $400,660 of fringe benefits cost during 2014. Determine the amount of the fringe benefits cost to be allocated to Division A
Have you ever sought help from a counselor : Would you ever limit yourself and your possibilities for employment out of fear of rejection or mistreatment? Have you ever sought help from a counselor?
What is the use of lockouts during labor negotiations : What is the use of lockouts during labor negotiations. Are there a variety of reasons lockouts are used?
Prepare the entries on june and july : The stock has a stated value of $4 per share. Prepare the entries on the three dividend dates: June 15, July 10, December 15
What are the major neuropsychological tests : What are the major neuropsychological tests used to determine left and right hemispherical brain damage? Explain with examples and a rationale.

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.

  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!

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