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Problem 1: A full-time technician working in the local Walk-In Clinic is paid $62,000 per year (52 weeks) and works 40.0 hours per week over 5 days. The fringe benefit rate is 31 percent. A technician gets 8 holidays (Walk-In Closed), 5 sick days and 10 vacation days. Assume all holidays are taken.What is the worked hourly rate of pay?
a. $29.81 b. $29.00 c. $32.70 d. $25.00
Effect of errors in journalizing and posting on trial balance and bookkeeper for Shirley Temple's dance studio made the following errors in journalizing and posting
The company paid $1,900 cash to settle the account payable created in transaction c. Prepare a trial balance as of the end of September
Bridgestreet, Inc. has three operating departments: Cutting, Assembling, and Finishing. Cutting has 4,000 employees and occupies 33,000 square feet. Assembling has 3,200 employees and occupies 24,000 square feet. determine the maintenance cost alloca..
since smith manufacturing is only in its second year of operations management is unusual with the process of issuing an
Prepare the required Journal entries (if any) to correct PC accounts, assuming each transaction is independent and assume 2019 books are not closed.
Lomax Enterprises should recognize depreciation expense in Year 2 in the amount of $5,000. The transaction to record deprecation would affect
Prepare entries in general journal form to record the following transactions in General Fund general ledger accounts for the fiscal year 2012.
You pay $700,000 for a house and the land that it is on. The land is valued at $270,000 and the house is valued at $430,000. You decide to demolish the house ($30,000 demolition cost) and build a go-cart track at a cost of $750,000. What is the cost ..
Ogier Incorporated currently has $800 million in sales, which are projected to grow by 10% in Year 1, What are the projected amounts of net operating profit
What Financial accounting information is characterized by all of the except? It is factual, so it does not require judgement to prepare.
Compute the Current ratio, inventory turnover, Receivables turnover and book value per share and prepare the statement of cash flows using the indirect method.
Differentiate between a merger and an acquisition. PepsiCo's South African acquisition given green light by local competition watchdog
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