Prepare the journal entries to record salaries

Assignment Help Cost Accounting
Reference no: EM13549005

Muller Corp. pays its employees monthly. The payroll information listed below is for January 2013, the first month of Muller's fiscal year. Salaries $400,000 Federal income taxes withheld $80,000 Federal unemployment tax rate 0.80% State unemployment tax rate 5.40% Social security tax rate 6.2% Medicare tax rate 1.45%

Prepare the appropriate journal entries to record salaries and wages expense and payroll tax expense for the January 2013 pay period.

Reference no: EM13549005

Questions Cloud

What is harold and wandas tax : The next $53,300 in taxable income is taxed at 15 percent, and 25 percent applies to the next $72,000 and what is Harold and Wandas tax
Linear distance on the screen from central bright fringe : Light with a wavelength of 634 nm passes through a slit 7.68 µm wide and falls on a screen 1.85 m away. Find the linear distance on the screen from the central bright fringe to the second dark fringe on either side. cm
Estimate the thermal conductivity of the metal : One end of an insulated metal rod is maintained at 100 degrees C , while the other end is maintained at 0 C by an ice-water mixture. Find the thermal conductivity k of the metal
Obtain the frequency of the resulting oscillation : An ideal massless spring is hanging vertically. When a 0.75-kg mass is attached to the spring, What is the frequency of the resulting oscillation
Prepare the journal entries to record salaries : Prepare the appropriate journal entries to record salaries and wages expense and payroll tax expense for the January 2013 pay period.
Estimate the resulting period of the oscillation : A 0.73-kg mass is hanging from a spring with spring constant 13 N/m. What is the resulting period of the oscillation
Find the amplitude of the motion : A particle undergoes simple harmonic motion with maximum speed 2 m/s and maximum acceleration 3.7 m/s^2. Find the angular frequency. Find the period. Find the amplitude of the motion.
Find the amplitude of the motion : A particle undergoes simple harmonic motion with maximum speed 2 m/s and maximum acceleration 3.7 m/s^2. Find the angular frequency. Find the period. Find the amplitude of the motion.
Find the resulting angular frequency of the oscillation : A 0.71-kg mass is hanging from a spring with spring constant 12 N/m. find the resulting angular frequency of the oscillation

Reviews

Write a Review

Cost Accounting Questions & Answers

  Compute the breakeven point in sales units

Compute the breakeven point in sales units and in sales - what will the new breakeven point be in un nd in Rupees?

  What is the cost of the unused capacity

Compute the new cost per unit for each of the products considering the increase in capacity. Show the computation for each per unit product cost in detail and What is the cost of the unused capacity

  Draw the cost flow diagram assuming that tiger furnishings

Draw the cost flow diagram assuming that Tiger Furnishings uses direct labor costs to allocate overhead costs.

  Compute variable selling and administrative expenses

Compute variable selling and administrative expenses,  contribution margin in dollars, A variable manufacturing overhead, break-even point in sales dollars,

  Explain the logic of your classification

It is time for the annual budgeting process at your call center company. To kick-off the process, all the department managers and the plant accountant are meeting to discuss the budgeting process.

  The executor of a deceased clients estate comes to you with

the executor of a deceased clients estate comes to you with a letter from the irs showing that they are auditing a

  Create journal entries to record the issuance

Create journal entries to record the issuance of 100,000 shares of common stock at $20 per share for each of the subsequent independent cases

  Evaluate the cost per equivalent unit for materials

Evaluate the cost per equivalent unit for materials and conversion costs. Determine the cost of items completed during November and determine the cost of ending Work in Process.

  Determine the capitalized cost of the coal mine

Determine the capitalized cost of the coal mine.

  Can you help sachi price the dishwasher

Sachi Wong, store manager for Hawk Appliance, does not know how to price a GE dishwasher that cost the store $399. Sachi knows her boss wants a 40% markup on cost. Can you help Sachi price the dishwasher?

  Question a spare parts supplier is thinking of building a

question a spare parts supplier is thinking of building a car from the parts he has in his yard. he does not expect any

  Prepare the direct material budget for next year

Prepare the direct material budget for next year -  Each electronic bicycle produced at East Mountain Bike requires two major parts

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