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2 years ago

10

The longevity philosophy of compensation monetarily rewards employees for their loyalty to the firm. Group of answer choices Tru

e False

1 answer:

Alona [7]2 years ago

7 0

The longevity philosophy of compensation monetarily rewards employees for their loyalty to the firm.

⇒ <u>True</u>

<u></u>

Hope that helps!

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Rev. Elvin Snider is the ordained minister at Crossroads United Methodist Church. His salary on his Form W-2 is $20,000. He also

8_murik_8 [283]

Answer: $32000

Explanation:

It should be noted that ministers or clergymen can exclude the home rental value or housing cost from the calculation of the gross income

Rev. Snider's self-employment income

Therefore, in this case, Rev. Snider's self-employment income will be:

Salary = $20,000

Add: Housing allowance = $12000

Total = $32000

6 0

3 years ago

Baker earned $113,300 of salary as an employee in 2012. How much should his employer have withheld from his paycheck for FICA ta

Murrr4er [49]

Answer:

Employer should withheld $1,643 from Baker's salary

Explanation:

Baker earned $113,300 in 2012. As on 2012, FICA tax rate withheld from employee's salary is 7.65% that constitutes 4.5% of social security, 1.45% of medicare taxes and 2% additional for employees whose wages exceed $18,350.

The gross income base for social security part has increased in 2012 to $110,100. This is not applicable for medicare tax of 1.45%.

Here, Baker's salary of $113,300 is above social security limit, so his income will not be withheld for social security. However, 1.45% of his salary will be withheld for medicare tax.

Therefore, $1,643 that is 0.0145×113,300 is withheld from his salary.

5 0

3 years ago

Rodriguez, Inc., is preparing its direct labor budget for 2020 from the following production budget based on a calendar year. Qu

Veseljchak [2.6K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

1st Quarter= 20,400

2nd Quarter= 25,370

3th Quarter= 35,420

4th Quarter= 30,200

Each unit requires 1.8 hours.

Direct labor rate= $18

<u>The direct labor budget is calculated using the total hours required for each quarter, and the direct labor rate.</u>

Q1:

Total hours required= 1.8*20,400= 36,720

Total cost= 18*36,720= $660,960

Q2:

Total hours required= 1.8*25,370= 45,666

Total cost= 18*45,666= $821,998

Q3:

Total hours required= 1.8*35,420= 63,756

Total cost= 18*63,756 = $1,147,608

Q4:

Total hours required= 1.8*30.200= 54,360

Total cost= 18*54,360 = $978,480

8 0

3 years ago

The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this

Paha777 [63]

Answer:

A) The price of a donut is $2.00 in 2012.B) Rina's wage is $14.00 per hour in 2012

Explanation:

Nominal value means face value or stated value.

Real value means nominal value adjusted for inflation. Real value of money can refer to the purchasing power of money. Rina's wage is 2 paperback novels per hour in 2012 is an example of real value.

I hope my answer helps you

3 0

3 years ago

Which of the following are task roles? Select all that apply.

ella [17]

Coordinator, Critic, and Recorder. I hope this helps! Have a good one!

8 0

3 years ago

Read 2 more answers