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For each of the piece-rate workers below, determine gross pay. If the employees have a standard 37.5-hour workweek, what is their effective hourly rate (the gross pay/37.5 hours)? Based on FLSA minimum wages, what is the minimum wage they must receive each week? If they are not receiving the FLSA minimum wage for the pay period, what is the difference that must be paid by the employer? If not, what is the difference between gross pay and minimum that the employer must pay?
Due to an error, no depreciation was taken on this machine in 2010. Doe discovered the error in 2011. Illustrate what amount should Doe record as depreciation expense for 2011? The tax rate is 40%.
What kind of lease is this to Lucas? Describe and show how the lease payment was evaluated
Using the following information, what is the amount of gross profit
Complete a production cost report for the cutting department and the sewing department. what is the cost of one basic shirt?
Calculate the removal costs of the existing equipment net of tax effects and compute the depreciation tax shield - compute the forgone tax benefits of the old equipment.
Using the library or the internet, research examples of different methods that partnerships can use to allocate net income to the partners, and research the topics of partnership dissolution or partnership liquidationa
Prepare the journal entry to record the sale on January 1, 2009. Determine how much interest Frenchie will receive if the note is repaid on December 31, 2009.
questionsound audio manufactures and sells audio equipment for automobiles. engineers notified management in december
Billings Rail Company’s sales for the next five months are as follows: February $175,000 March $160,000 April $145,000 May $135,000 June $130,000 Collection history for the company indicates that 50% of sales are collected in the month of the sale, 3..
A newly hired manager of a engineering company,does not understand how the cost of the firm's equipment is expensed. In memo format, explain how depreciation provides a means of expensing the cost of equipment.
You are the accountant for a hypothetical company that takes folks on running trips. Classify the following transactions under the appropriate accounts as debits or credits...
Multiple choice questions on techniques of project evaluation - Which of the following techniques may not consider ALL cash flows of a project?
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