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Received the subsequent data on the monthly payroll from the payroll clerk: Direct Labor (already recorded) $23,016.50 New payroll data (to be recorded): Factory: Indirect labor $11,220.00 Superintendent's salary 3,100 Nonfactory: Sales salaries 11,220.00 Officer's salaries 7,140.00 Office salaries 6310.10 record the monthly payroll in the general journal. Salaries for indirect labor are recorded only at the need of the month. Debit Factory Overhead for indirect Labor and Superintendent's salaries, debit other salary expense accounts for the related ammounts, credit FICA Tax Payable for 7.5 % of gross pay, credit Employees' income tax Payable for 15 percent of gross pay, and credit salaries payable for the net pay.
Troy Department Stores offers employees discounts on merchandise carried in the store. Newly hired employees receive a 10% discount. The discount rate increases 1% each year until employees have 20 years of service.
Clark, a widower, maintains a household for himself and his two dependent preschool children. For the year ended December 31, 2013, Clark earned a salary of $36,000. He paid $3,500 to a housekeeper to care for his children in his home.
what is Capital's after-tax WACC and what balance could appear in the investment in Holister account as of December 31, 2009?
From the above schedule, calculate the following.
Determine the equivalent units of production for each cost component for each department under the WA method and determine the equivalent units of production for each cost component for each department under the FIFO method.
ACCT 2301 Summer 2, 2013a. Prepare the annual proforma financial statements that you would expect Linda to prepare based on her comments about her expectations for the business.
q. parkas companys sale revenue is 30 per unit variable costs are 19.50 per unit and fixed costs are 147000.a- evaluate
One from United Trucks Pty Ltd requiring him to cease the operations of Sunshine Trucks Ltd in Queensland, the other from Grasping Bank Ltd threatening to sue him for $ 100 000. Advise him, citing all relevant legal authority.
1. explain the term product costing?2. give a brief overview of the subsequent funding modelsa.cost based
The managing partners are located in Chicago. YOUCPA also provides tax preparation and information consulting to customers and is an approved PCOAB audit firm.
How would you improve it? Calculate alternative rates that you would use and explain why you think it would help Rex. You should draw on information provided in Tables 1 to 4 to support your recommendation.
Show how Marloweville would record the transactions if it were to issue a $10,000,000 bond and then use the proceeds to construct the golf course.
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