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3 years ago

Which of the following are included in the employer's payroll taxes?

Business

1 answer:

anyanavicka [17]3 years ago

5 0

Answer:

(b) all are included in employer taxes

Explanation:

The following employer payroll taxes are involved

1. Social security tax with a maximum contribution of 6.2%

2. Medicare taxes with a maximum wages contribution of 1.45%

3. Federal unemployment taxes (FUTA)

4. State unemployment taxes (SUTA)

These four taxes are contributed by the employer for payroll taxes

Hence, the correct option is b.

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Vhich of the following is a description of a pullback device?

MrMuchimi

Answer:

Explanation:

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3 years ago

Weighted Average Cost Flow Method Under Perpetual Inventory System

Fudgin [204]

Answer and Explanation:

The computation of the cost od merchandised sold for each sale and the inventory balance after each sale is presented in the attachment below;

The perpetual inventory is the system which updated the inventory as on a regular basis

While on the other hand, the weighted average cost method is the method in which the average cost is calculated after each every purchase is made

In the calculation below:

1. The weighted average cost of $30.90 come from

= (Total inventory cost) ÷ (Total quantity)

= ($180,000 + $1,674,000) ÷ (60,000 units)

= $30.90

1. The weighted average cost of $31.60 come from

= (Total inventory cost) ÷ (Total quantity)

= ($463,500 + $674,100) ÷ (36,000 units)

= $31.60

6 0

3 years ago

In 2010, the MoreForLess Company had revenues of $2,000,000 while costs were $1,500,000. In 2011, MoreForLess will be introducin

Harlamova29_29 [7]

Answer:

Differential profit Profit = $40,000

Explanation:

<em>The differential operating profit is the difference between the operating profit before the introduction of the product and after the introduction of the new product</em>

<em>Profit = Revenue - costs</em>

Profit before the introduction of the new product

= 2,000,000 - 1,500,000 = 500,000

Profit after the introduction of the new product

New revenue = (2,000,000 + 200,000) = 2,200,000

Cumulative cost = 1,500,000 + 160,000 = 1,660,000

Profit = 2,200,000 - 1,660,000 = 540000

Differential profit Profit = 540,000 - 500,000= $40,000

4 0

3 years ago

The process of setting aside money and putting it to work by having it earn interest or dividends or gain value in the equities

Kisachek [45]

Answer:

Saving and investing.

Explanation:

Savings is basically putting aside current money for future use. Investing is committing money to make profit over period of time.

4 0

4 years ago

This year, the Tastee Partnership reported income before guaranteed payments of $161,500. Stella owns a 40% profits interest and

Aloiza [94]

Answer

The answer and procedures of the exercise are attached in the image below.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

5 0

3 years ago