Estimate the organization assessment for the year

Assignment Help Financial Accounting
Reference no: EM132961728

Problem 1: Adacan Industries located in Saskatchewan has a workers' compensation premium rate of $1.76 per $100.00 of assessable payroll. The actual assessable payroll for the previous year consisted of: regular salaries and wages of $392,850.00, shift premiums of $24,270.00, call in pay of $13,750.00, vacation pay of $88,300.00 and taxable benefits of $15,830.00. Estimate the organization's assessment for this year.

Reference no: EM132961728

Questions Cloud

Pay model of compensation strategies : Try to find out 5 companies owned by bangladesh with their pay model of compensation strategies
What tax consequences interest will have along with stock : What tax consequences the interest and dividends will have along with the stock sale. What tax advice would you offer to Calvin in planning for this situation?
Canadian financial investor thinking of transferring funds : What has been the trend since 2010 in your selected country's consumption (C) as a proportion of GDP? How does the share of C in GDP compare with Canada
Compute the cash payback period : Problem - Rihanna Company is considering purchasing new equipment for $584,800. Compute the cash payback period
Estimate the organization assessment for the year : Estimate the organization's assessment for this year. Adacan Industries located in Saskatchewan has a workers' compensation premium rate of $1.76
Explain interpretive accounting theory : Explain interpretive accounting theory and is there scope for a greater emphasis on economistic dimensions in building interpretive accounting theory
ECON 104 Principles of Macroeconomics Assignment : ECON 104 Principles of Macroeconomics Assignment Help and Solution, Camosun College - Assessment Writing Service
How do you define family : How do you define family? What do family members do for each other? Which types of relationships discussed
What amount will be reported in box a of dahlia : Union dues of $350.00 and employer Registered Retirement Savings Plan contributions of $776.00. What amount will be reported in Box A of her RL-1?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare a spreadsheet to determine all the pension items

Current Service cost is $196,000 for 2019 and $199,000 for 2020. Prepare a spreadsheet to determine all the pension items for both 2019 and 2020

  Difference between procedural rules and substantive rules

What is the difference between procedural rules and substantive rules? Which are more important for the average person in society to know? Why?

  Transactions summarized in the trial balance

The preferred stock was issued in exchange for the land and buildings - Journalize the two entries to record the transactions summarized in the trial balance.

  Find the length of the loan

Find the length of the loan if an investment of $5109 grows to $10,776 at a rate of 9% compounded daily. Give your answer in years.

  Calculate the gain or loss to giffin from restructuring

Prepare the journal entry on Ludwig 's books to record the restructuring of this debt. Calculate the gain or loss to Giffin Co. from restructuring of its receivable from Ludwig.

  Compute number of equivalent unit with respect to conversion

During November, Compute the number of equivalent units with respect to conversion for November using the weighted-average method.

  Why would managers be concerned about the new overhead rate

What effect would this new rate have on the cost of jobs that do not use the new automated milling machine and why would managers be concerned about the new overhead rate?

  How long has bob owned land if the price of land

Today, that same land is valued at $46,417. How long has Bob owned this land if the price of land has been increasing at 4 percent per year?

  What is the company wacc for cleen power co

What is the company's WACC? 9,000 6.4 percent coupon bonds outstanding, $1,000 par value, 20 years to maturity, selling for 107 percent of par

  How to recognise the revenues

How to recognise the revenues in accordance with the 5-step model in NZ IFRS 15. (You are required to explain each step in the model with calculations).

  What is the net present value of the project if the company

A project has an initial outlay of $3,373. What is the net present value (NPV) of the project if the company's cost of capital is 13.42 percent?

  Which produces and sells biking equipment

Income tax is estimated at 40% of income. Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is %15,000,000, $$17,500,000, and $20,000,000

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