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Verizon [17]
3 years ago
10

Joe Bob is an employee of Rollo Corporation who receives a salary of $16,800 per month. How much Social Security tax will be wit

hheld from Joe Bob's salary for the months listed?
Business
1 answer:
kolbaska11 [484]3 years ago
7 0

Answer:

<u>$1041.6 monthly</u>

Explanation:

Note that as an employee half (6.2%) of the Social Security tax will be withheld by his employer. In the social security tax, a fixed rate of 12.4% is paid up to a salary limit of $132,900.

Therefore, as long as he maintains a fixed salary, Joe would continue to pay the same social security tax rate.

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Refer to the graphs, in which the numbers in parentheses near the AD1, AD2, and AD3 labels indicate the level of investment spen
lutik1710 [3]

Answer:

$50? ($150 is not the correct answer)

Explanation:

7 0
3 years ago
Barriers to trade reduce the amount of output that can be supplied by foreign companies and, as a result, cause prices in the ma
oksano4ka [1.4K]

Barriers to trade reduce the amount of output that can be supplied by foreign companies and, as a result, cause prices in the market to be higher than they would otherwise be. This results in consumers buying less

<h3>What are barriers to trade?</h3>

Barriers to trade refers as certain hurdles which restrict an individual or organisation to practice trade activity effectively. These barriers can be regulatory barriers, physical barriers and so on.

These trade barriers are launched to support small-scale business and introducing jobs in the industries to prevent unemployment.

These trade barriers results in high prices in the market due to reduce amount output supplied by foreign companies. This will result in less buying behaviour by consumer.

Learn more about barriers to trade, here:

brainly.com/question/19109348

#SPJ1

7 0
2 years ago
What is unique about a dual-axis chart?
Semmy [17]

Answer: B

Or Data is charted by two different types of data.

Explanation:

I got it right

3 0
2 years ago
Why is it important for organizations to accurately estimate the demand for a good or​ service? A. To decrease the fixed costs o
Yuki888 [10]

Answer:

B. To plan​ production, marketing, and budgets

Explanation:

A company needs to know accurately the demand for a good or service because it has to determine what kind of customer it is and plan the marketing accordingly. Additionally, that information will be valuable in planning plan its production volume. And afterward, with that information in hands, knowing fixed and varied costs, marketing costs and others, plan the budget accordingly. Pricing, fixed costs, demand slope, and potential sales will be determined by other factors that can include but are not limited to demand estimation.  

4 0
3 years ago
Morris Company applies overhead based on direct labor costs. For the current year, Morris Company estimated total overhead costs
Sindrei [870]

Answer:

d) $38,000 Debit balance.

Explanation:

Predetermined overhead rate = Estimated Total Overhead Costs / Estimated Direct Labor Costs

= $472000 / $2,360,000

= 0.2

= 20% of direct labor costs.

Applied overheads = (20%*Actual direct labor costs)

Applied overheads = 20% * $1,980,000

Applied overheads = $396,000

So, Overhead under-applied = $434,000 - $396,000 = $38,000 (Debit)

8 0
3 years ago
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