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Lightning Electronics is a midsize manufacturer of lithium batteries. The company's payroll records for the November 1 14 pay period show that employees earned wages totaling $ 50,000 but that employee income taxes totaling $ 7,000 and FICA taxes totaling $ 2,625 were withheld from this amount. The net pay was directly deposited into the employee's bank accounts. What was the amount of net pay? Assuming Lightning Electronics must also pay $ 250 of unemployment taxes for this pay period, what amount would be reported as the total payroll costs?
From the second case study and e-Activity, determine the importance of bankers having good working relationships with their clients. Support your response with two (2) examples that illustrate such importance.
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Benjamin Products uses job order costing and assigns overhead to specific jobs using direct labor hours. During the month of June, a total of 5,000 direct labor hours at a cost of $16 per hour were incurred for all jobs. Actual overhead costs f..
british productions performs london shows. the avg. show sells 1200 tickets at 50ticket. there are 120 shows a year.
If the index remains unchanged for the second adjustment period, what will be the interest rate on the loan? If there is more than one possible answer, what does the outcome depend on?
Mike purchases a heavy-duty truck (5-year class recovery property) for his delivery service on April 30, 2010. The truck is not considered a passenger automobile for purposes of the listed property and luxury automobile limitations.
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