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Westway Company pays Suzie Chan $2,550 per week. Assume Social Security is 6.2% on $110,100 and 1.45% for Medicare.
a. By the end of week 51, how much did Westway deduct for Suzie's Social Security and Medicare for the year?
b. What state and federal unemployment taxes does Westway pay on Suzie's yearly salary? The state unemployment rate is 5.1% and the federal unemployment tax is 0.8% on the first $7,000.
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Madison Industries has equivalent units of 2,000 for materials and for conversion costs. Total manufacturing costs are $160,000. Total materials costs are $120,000. How much is the conversion cost per unit?
determine cost per equivalent unit. analyze equivalent units. analyze the physical flow of units. prepare a cost
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