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Dixon Sales has five sales employees which receive weekly paychecks. Each earns $10.25 per hour and each has worked 40 hours in the pay period. Each employee pays 12% of gross in Federal Income Tax, 3% of gross in State Income Tax, 6% of gross in Social Security Tax, 1.5% of gross in Medicare Tax, and 1/2% in State Disability Insurance. Journalize the recognition of the pay period ending January 19th which will be paid to the employees January 26th.
1. company issued 200000 shares of common stock for 15 per share. the par value of each share is 5.2. company issued
an important feature of a job order cost system is that each job must be completed before a new job is
which of the following describes the behavior of the fixed cost per unit?decreases with increasing productiondecreases
The acquisition of treasury stock by a subsidiary above book value
applying overhead computing unit product cost.a company assigns overhead cost to completed jobs on the basis of 120 of
goodwill is an unusual asset in that it cannot be sold individually apart from a business as a whole. if goodwill is an
Williamson Group operates a chain of bookstores. A recent business expansion plan resulted in the opening of more than 25 new stores. The Upland store has one more feature that the Stowe store does not have-a small coffe shop.
doughboy bakery would like to buy a new machine for putting icing and other toppings on pastries. these are now put on
a company manufactures an electric motor that is uses inseveral of its porducts. management is considering whether
during the month of september direct labor cost totaled 9750 and direct labor cost was 30 of prime cost. if total
assuming the cost of direct materials used is 1500000 compute the total manufacturing costs using the information
haig simmons operates an anthracite coal home heating and delivery service in baltimore and anne arundel counties. she
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