Answer:
DR Work in Progress Account $39,650
DR Factory Overhead Account $18,440
CR Wages Payable $58,090
(To record factory Labor Costs)
Workings
Work in Progress
Standard policy is to send the direct cost of Labor to the Work in Progress Account.
The Total direct cost of labor are all of the above except the Indirect cost.
= 3,460 + 2,870 + 5,260 + 5,950 + 3,630 + 2,380 + 16,120
= $39,650
Answer:
$22.2222, $9.5238, respectively
Explanation:
The market-to-book ratio is given by a share's market value divided by its book value, if shares are selling for $100 on the market, the book value is:

The price to earnings ratio (PE ratio) is determined as a share's price divided by the earnings per share. Earnings per share are:

The book value per share and earnings per share are $22.2222, $9.5238, respectively
Answer:
$570,000
Explanation:
Missing question: <em>"On December 31, 2022,50,000 SARs are exercised by executives. What amount of compensation expense should Korsak recognize for the year ended December 31, 2020"</em>
Amount of compensation expense = [(33-20)*120,000*3/4] - [(30-20)*120,000*2/4]
Amount of compensation expense = [13*120,000*3/4] - [10*120,000*2/4]
Amount of compensation expense = 1,170,000 - 600,000
Amount of compensation expense = $570,000
So. the amount of compensation expense that Korsak should recognize for the year ended December 31, 2020 is $570,000.
Answer:
$192
Explanation:
Calculation for how much FICA-OASDI tax will be withheld from the employee's pay?
FICA-OASDI tax=($117,000-$113,900)*6.2%
FICA-OASDI tax=$3,100*6.2%
FICA-OASDI tax=$192
Therefore how much FICA-OASDI tax will be withheld from the employee's pay is $192