Mabel miller is paid monthly for the month of september she

Assignment Help Accounting Basics
Reference no: EM13574752

Mabel Miller is paid monthly. For the month of September, she earned a total of $6,200. FICA tax for social security is 6.2% and the FICA tax for Medicare is 1.45%. The rate for FUTA tax is 0.8% and the rate for SUTA tax is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. Federal tax withheld from Mabel's earnings was $900. Mabel's net pay for the month of September is?

Reference no: EM13574752

Questions Cloud

The following percentages apply to walton company for 2007 : the following percentages apply to walton company for 2007 and 2008.20082007sales100.0100.0cost of goods
Front company had net income of 72500 based on variable : front company had net income of 72500 based on variable costing. beginning and ending inventories were 800 units and
Cohen company issued a 10 note receivable for 20000 on : cohen company issued a 10 note receivable for 20000 on august 1 2010. the note has a maturity date of july 31 2013. how
Suppose the manager enters into the contract at the price : an asset manager anticipates the receipt of funds in 200 days which he will use to purchase a particular stock. the
Mabel miller is paid monthly for the month of september she : mabel miller is paid monthly. for the month of september she earned a total of 6200. fica tax for social security is
On june 30 2008 thorpe companys total current assets were : on june 30 2008 thorpe companys total current assets were 250000 and its total current liabilities were 125000. on july
A company uses a process cost accounting system and the : a company uses a process cost accounting system and the weighted average inventory valuation method. its assembly
Jenco tracks their daily profits and has found that the : jenco tracks their daily profits and has found that the distribution of profits is approximately normal with a mean of
Woodward corporation purchases a new machine for 50000 on : woodward corporation purchases a new machine for 50000 on january 1 2013. the machine has a four-year estimated service

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the amount of interest to be capitalized

Determine the amount of interest to be capitalized in 2007 in relation to the construction of the building. Prepare the journal entry to record the capitalization of interest and the recognition of interest expense, if an, at Dec. 31, 2007.

  Which of the following types of organization would probably

which of the following types of organization would probably sell goods?a. merchandising operationb. service operationc.

  How many units were started during april

Barrett Corporation had 6,500 units of work in process on April 1. During April, 19,100 units were completed and as of April 30, 5,100 units remained in production. How many units were started during April?

  Involving employees in the identification and solution

Involving employees in the identification and solution of problems often yields the best results. What types of incentives programs could companies put into place to encourage employees to contribute their ideas?

  Determining consolidated net income

If correct working paper eliminations are prepared for Passey Corporation and subsidiary on November 30, 2007, the end of the fiscal year, Passey's net income to be included in consolidated net income is (disregarding income taxes):

  Assume that manufacturing overhead for glassman company in

assume that manufacturing overhead for glassman company in the previous exercise consisted of the following activities

  Use of market value for investment valuation

While US GAAP requires assets to be valued at the lower of cost or market, there is a belief that assets with value fluctuations should be valued at market and adjusted on a regular basis. Create an argument supporting the use of market value for ..

  Which tax attributes are reduced and by how much

During bankruptcy, US Corporation debt was reduced from $780,000 to $400,000. USA Corporation's assets are valued at $500,000. USA's NOL carryover was $400,000.

  Prepare t account of work-in-process

Pass the necessary Journal entries and prepare T account of Work-In-Process.

  How to prepare the reversing entries from the adjusting

how to prepare the reversing entries from the adjusting entries as follows and tranferrer to the ledger ? advertising

  Journalize the selected transactions

Journalize the following selected transactions completed during the current fiscal year:

  Differential analysis of further processing of rawsugar

Prepare a report as of August 30, 2008, presenting a differential analysis of the further processing of rawsugar to produce refined sugar. Briefly report your recommendations

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