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2 years ago

9

Which of the following is correct concerning reactions to INCREASES in activity? Total Variable Cost Variable Cost Per Unit A) I

ncreases Decreases B) Constant Decreases C) Decreases Constant D) Increases Constant

1 answer:

TiliK225 [7]2 years ago

4 0

Answer: D) Increases Constant

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The horizontal aggregation of the individual labor supply curves for workers in a given location is known as the

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market supply of labor

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2 years ago

QS 11-6 Recording employer payroll taxes LO P3 Merger Co. has 10 employees, each of whom earns $1,550 per month and has been emp

Gre4nikov [31]

Answer:

March 31, 202x, payroll tax expenses

Dr FICA tax (OASDI) expense 961

Dr FICA tax (Medicare) expense 224.75

Dr FUTA tax expense 93

Dr SUTA tax expense 837

Cr FICA tax (OASDI) payable 961

Cr FICA tax (Medicare) payable 224.75

Cr FUTA tax payable 93

Cr SUTA tax payable 837

Explanation:

Since we are calculating only payroll taxes, the wages expense is not included in this journal entry.

total payroll for the 10 employees = 10 x $1,550 = $15,500

each employee has accumulated earnings of $1,550 x 3 = $4,650

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3 years ago