1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hram777 [196]
3 years ago
15

Riverrun Co. provides medical care and insurance benefits to its retirees. In the current year, Riverrun agrees to pay $13,500 f

or medical insurance and contribute an additional $9,200 to a retirement program. Record the entry for these accrued (but unpaid) benefits on December 31.
Business
1 answer:
gtnhenbr [62]3 years ago
3 0

Answer:

Dr. Employee Benefits expense                    $22,700

Cr. Medical Insurance payable                      $13,500

Cr. Employee retirement program payable  $9,200

Explanation:

The cost of fringe benefit provided to the employee of the company and any tax component attached to it is known as the employee benefit expense.

Total employee benefit expense is the sum of medical insurance and employee retirement program. As medical insurance and retirement program is payable until now so, it is recorded as a liability.

Employee benefit expense = $13,500 + $9,200 = $22,700

You might be interested in
Ayayai Corp. lends Martinez industries $48000 on August 1, 2022, accepting a 9-month, 6% interest note. If Ayayai Corp. accrued
amm1812
This is currently the right answer . Lolll
3 0
3 years ago
Guiness Inc. has a budgeted production of 8,000 units. Each unit requires 40 minutes of direct labor work to complete. The direc
Alex Ar [27]

<u>Solution and Explanation:</u>

The budgeted cost of the direct labor for the month is calcuated as follows:

the given data:

Budgeted production is = 8000 units, time required of direct labor work in order to complete the production is = 40 minutes, the direct labor rate as given in the question is = $100 per hour.

Budgeted cost = time multply with rate of labor multiply with budgeted production

(40/60 multiply with 100) multiply with 8000 = 533,333.33

therefore, the budgeted cost = $533333.33 ( rounded of to 2 places).

6 0
3 years ago
Which of these is an example of advertising?
professor190 [17]

Answer:

the answer is D.a bill board

5 0
3 years ago
Read 2 more answers
Research shows that most managers have characteristics that fall into two or three decision-making styles, and that decision-mak
Alex787 [66]

Answer:

False

Explanation:

There are 3 main decision making styles that most of us have regarding our normal day to day activities that includes our work and our personal lives, e.g. families and individual decisions. They are consumer, business, and personal decision making styles.

But managers, and specially true leaders have it a little more complicated. The four main decision making styles that apply to leaders are:

  1. directive: type of autocratic leadership where the leader decides everything by himself/herself
  2. conceptual: look for different alternatives and analyze each one of them
  3. consultative: seek advice from colleagues and subordinates, but the leader makes the decision
  4. consensus: seek advice from others and decisions are made by the group

The second part of the question is true; this leadership styles vary across countries, occupations and job levels.

3 0
3 years ago
Which of the following would be the most desirable wording to use on a résumé? Created a first-place science fair project. I won
eimsori [14]

Answer:

The answer is created a first-place science fair project.

Explanation:

When writing a resume, we usually refrain from using subjects when explaining our past work experiences and achievements. Generally, we focus on using verbs in past tense to explain what we have managed to do in these contexts. More specifically, it is preferred to use action verbs since our resume is supposed to give an explanation on what we have done in the past.

6 0
3 years ago
Other questions:
  • Eastline Corporation had 10,000 shares of $10 par value common stock outstanding when the board of directors declared a stock di
    13·1 answer
  • market economies are distinguished from other types of economies largely on the basis of a. the political affiliations of govern
    13·1 answer
  • The residents of Vegopia spend all of their income on cauliflower, broccoli, and carrots. In 2016, they spend a total of $250 fo
    8·1 answer
  • Selecting a base year and expressing each amount as a percent of the base year amount is called:
    9·1 answer
  • Felicia knits scarves and sells them to her friends. The first week, she knits four scarves and sells three for $50 each. The ne
    15·2 answers
  • __________ is a qualitative forecasting technique in which experts work individually to develop forecasts. The individual foreca
    6·1 answer
  • In an auction, potential buyers compete for a good by submitting bids. Adam Galinsky, a social psychologist at Northwestern Univ
    5·1 answer
  • Year 1: Issued $10,000 of common stock for cash. Provided $78,000 of services on account. Provided $36,000 of services and recei
    14·1 answer
  • Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below:Project Soup P
    15·1 answer
  • Conner walked past the candy section in the grocery store and quickly stuffed a handful of candy bars into her purse. A store se
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!