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notsponge [240]
3 years ago
6

The repair order is a legal document and must be signed or verbally agreed to by the customer.

Business
1 answer:
zhenek [66]3 years ago
3 0

A repair order does have to be signed or verbally agreed on by the customer because they are agreeing to pay for the service that is completed by the repair shop. If the customer signs the paperwork agreeing that the work can be completed, they are also agreeing they will pay for the service. The customer will be held responsible of they do not pay.

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When you choose a medium, you are deciding how you will decode the message for transmission. select one:
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2. At overtime rate $80,000 3. Total earnings ? Deductions: 4. Social security tax 32,400 5. Medicare tax 8,100 6. Income tax wi
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Answer:

A.Earnings at normal rate(1)= $ 460,000.00

Total earnings(3) = $540,000

Union dues(8)= $ 6,750.00

Sales salaries(12)= $ 135,000.00

B.Dr FactoryWages $ 285,000.00

Dr OfficeSalaries $ 120,000.00

Dr SalesSalaries $ 135,000.00

Cr Ss tax $ 32,400.00

Cr Mc tax $ 8,100.00

Cr Income tax withheld $ 135,000.00

Cr Medical insurance $ 18,900.00

Cr Uniondues $ 6,750.00

Cr Wages accrued and payable $ 338,850.00

C.Dr wages accreud and payable$ 338,850.00

Cr Cash $ 338,850.00

Explanation:

In order for us to calculate the ommited in (1) we have to find out the (3) calculated as :

Social securities tax 6% of total earnings $32,400

Medicare tax 1.5% of total earnings $8,100

Therefore let x be the total earnings using 6%

x*6%= $32,400

x= $32,400/6%

= $ 540,000.00

Or let x be the total earnings using 1.5%

x*1.5%= $8,100

x= $8100/1.5%

$ 540,000.00

The total earnings for 3 will be = $540,000

Using this formula to calculate for earnings at normal rate

Earnings at normal rate=total earnings -overtime rate

Let plug in the formula

$540000-$80000= $ 460,000.00

Therefore earnings at normal rate for (1)= $460,000.00

In order to calculate for 8,we have to substract the total deductions form taxes and insurances

Using this formula

Total deductions=social security +medicare+income tax held+union dues+medical insurance

Hence,

$201150=$32400+$8100+$135000+$18900+union dues

Union dues(8)=$201150-32400-8100-135000-18900

Union dues(8)= $ 6,750.00

In order to calculate for 12 sales salaries,we have to deduct total earnings from factory wages and office salaries

Using this formula

Sales salaries=total earnings -factory wages and office salaries

Sales

salaries(12)=$540000-$285000-$120000

sales salaries(12)= $ 135,000.00

Therefore:

Earnings at normal rate(1)= $ 460,000.00

Total earnings(3) = $540,000

Union dues(8)= $ 6,750.00

Sales salaries(12)= $ 135,000.00

B. Journalising the entry to record payroll

Dr FactoryWages $ 285,000.00

Dr OfficeSalaries $ 120,000.00

Dr SalesSalaries $ 135,000.00

Cr Ss tax $ 32,400.00

Cr Mc tax $ 8,100.00

Cr Income tax withheld $ 135,000.00

Cr Medical insurance $ 18,900.00

Cr Uniondues $ 6,750.00

Cr Wages accrued and payable $ 338,850.00

(being the payroll recorded)

C.Dr wages accrued and payable $ 338,850.00

Cr Cash $ 338,850.00

(Being the payment made to staff)

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