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During the month of March, Olinger Company's employees earned wages of $64,800. Withholdings related to these wages were $4,957 for Social Security (FICA), $7,549 for federal income tax, $3,319 for state income tax, and $405 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $709 for state unemployment tax.
Prepare the necessary March 31 journal entry to record salaries and wages expense and salaries and wages payable. Assume that wages earned during March will be paid during April.
an equipment acquisition proposal was being considered by a large health care organization. the array machine will
assume the same facts as in problem c11-43. assume further that raider corporation reports 75000 of ordinary income
thome company uses a flexible budget for manufacturing overhead based on direct labor hours. variable manufacturing
Find the present values of the following cash flow streams. The appropriate interest rate is 8%. (Hint: It is fairly easy to work this problem dealing with the individual cash flows.
find a journal article online about standard costing. in the subject line of your post include the title of the article
on january 1 2011 the travis corporation purchased a 22 in scott company by procuring 5000 shares of the 25000
what problem may exist in determining the amount realized for an investor who exchanges common stock of a publicily
Under the economic entity concept, which of the following statements is true?
during 2011 madison company applied overhead using a job-order costing system at a rate of 12 per direct labor hours.
invoice price of goods is 3500. purchase terms are 310n30 and the invoice is paid in the week of reciept. the shipping
when using a predetermined overhead rate to allocate overhead unforeseen things can materially affect the amount
on december 31 2012 santana company has 7109200 of short-term debt in the form of notes payable to golden state bank
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