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3 years ago

What is payroll withholding?

Business

2 answers:

MA_775_DIABLO [31]3 years ago

8 0

Answer :

Federal and state income tax, Social Security tax, and Medicare tax may be withheld from employees' paychecks.

professor190 [17]3 years ago

7 0

Is taxes inclining each employs portions of there social security and medicare.

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Bach Co. had an inventory balance of $15,250 on January 1, purchased $34,000 during the accounting period, and the cost of goods

Nikitich [7]

Answer:

$21,250

Explanation:

Calculation to determine the ending balance in the inventory account

Using this formula

Cost of goods sold = Opening Inventory + Purchase during the year - Ending balance of inventory

Let plug in the formula

$28,000 = $15,250 + $34,000 - Ending balance of inventory

Ending balance of inventory = $49,250 - $28,000

Ending balance of inventory = $21,250

Therefore the ending balance in the inventory account is $21,250

7 0

3 years ago

Please help answer economics questions for 100 points and brainliest

MAVERICK [17]

It is c I had this question also

8 0

2 years ago

Skysong Inc., a provider of consulting services, was founded on October 1, 2022. At the end of the first month of operations, th

qwelly [4]

Answer:

a. Income Statement for the month of October 2022

Revenue:

Service revenue $19,540

Expenses:

Salaries and Wages $2,800

Supplies Expenses $360

Depreciation Expenses $260

Interest Expenses $350

Total Expenses $3,770

Net Income $15,770

b. Retained earnings statement for the month of October 2022

Retained Earnings, October 1, 2020 $0

Add: Net Income $15,770

Retained Earnings, October 31, 2020 $15,770

3 0

3 years ago

The Charade Company is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable fac

In-s [12.5K]

Answer:

the total budgeted factory overhead for November is : 2) $110,000.

the budgeted direct labor hours for December must be : 3) 9,000 hours.

total budgeted factory overhead per direct labor hour is : 1) $14.38

Explanation:

To determine the budgeted factory overhead for November, prepare a budgeted factory overhead for November as follows :

November

Budgeted Variable factory overhead ($5.00 × 7,000 hours) = $35,000

Budgeted Fixed factory overhead = $75,000

Total budgeted factory overhead = $110,000

December

Total Cash Disbursements = $105,000

Less Budgeted Fixed factory overhead ($75,000 - $15,000) = $60,000

Budgeted Variable factory overhead = $45,000

Therefore, budgeted direct labor hours = $45,000 / $5.00

= 9,000 hours.

December

Budgeted Variable factory overhead ($5.00 × 8,000 hours) = $40,000

Budgeted Fixed factory overhead = $75,000

Total budgeted factory overhead = $115,000

Therefore, total budgeted factory overhead per direct labor hour = $115,000 / 8,000 hours = $14.375

Which is $14.38 (rounded)

3 0

3 years ago

Emmy worked late nights at a convenience store. One night, Emmy discovered that the ""emergency alert"" security system was not

Margaret [11]

Answer:

The correct answer is letter "A": for negligence because the harm was foreseeable.

Explanation:

In Law, foreseeability is a concept related to what the proximate causes could be after an event. The concept is helpful to determine the limit of liability according to the primary event that happened and the type and manner of harm. The harm caused by rescuers like firefighters and negligence of health care providers like doctors and nurses is considered foreseeable.

In Emmy's case, the repeated thefts to the store where she works while having a nonfunctioning alarm (negligence) make the store owner liable for the injuries caused by a perpetrator who broke Emmy's leg during a robbery since that event was foreseeable.

6 0

3 years ago