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Rudik [331]
3 years ago
10

According to a summary of the payroll of Scotland Company, $450,000 was subject to the 6.0% social security tax and $500,000 was

subject to the 1.5% Medicare tax. Federal income tax withheld was $98,000. Also, $15,000 was subject to state (5.4%) and federal (0.8%) unemployment taxes. The journal entry to record accrued payroll taxes would include a
​
A. debit to SUTA Payable of $810
B. debit to SUTA Payable of $18,900
C. credit to SUTA Payable of $810
D. credit to SUTA Payable of $18,900
Business
1 answer:
andrey2020 [161]3 years ago
5 0

Answer: C. credit to SUTA Payable of $810

Explanation:

The SUTA tax is a certain percentage expected of employers to pay to the state so as to provide palliative or benefit to displaced workers.

The state unemployment tax rate = 5.4% = 0.054

Taxable amount = $15,000

Tax fee = SUTA rate × taxable amount

SUTA tax amount = $15,000 × 0.054

SUTA tax fee = $810.

Therefore accrued payroll taxes will be feature a journal entry to credit the State Unemployment Tax payable of $810.

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Answer:

integrated programs are usually way more effective than programs that are not integrated

Explanation:

According to my research on different marketing techniques, I can say that the efforts need to be integrated because integrated programs are usually way more effective than programs that are not integrated. This is because integrated efforts will reach a wider audience which will lead to more sales.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
One of the great dangers in allocating common fixed Blank 1 of 1 costs is that such allocations can make a product line look les
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Answer:

One of the great dangers in allocating common fixed corporate costs is that such allocations can make a product line look less profitable than it really is.

Explanation:

Therefore, care must be exercised so that a product line is not eliminated because the common fixed costs have been allocated to it such that it becomes unprofitable.  This is why it is necessary to identify activity cost pools into which such fixed costs can be accumulated and from which they can be allocated to product lines.  Using ABC costing approach, for instance, offers a means of escape because the system tries to allocate costs based on the level of usage or consumption of such common costs by each product line instead of using arbitrary allocation formulas.

4 0
3 years ago
Recall the text’s definition of diminishing marginal utility: "the common pattern that each marginal unit of a good consumed pro
son4ous [18]

<u>Explanation:</u>

Note, the term diminishing marginal utility refers to an economic principle that states that the more unit of a particular commodity or service we consume, the more the satisfaction (utility) derived out of the consumption reduces or diminishes.

For instance, if I watched movies produced by a particular entertainment company for several days (eg Disney Studios), I may become dissatisfied using this particular entertainment provider and may decide to try another service (Netflix).

Another instance could occur after exercising, I'm given 3 bottles of coke, after taking my first bottle, the amount of utility I derive would reduce until I get to the third bottle, at this point I've reached my peak.

The law of diminishing marginal utility failed for someone I know who had used the same type of toothpaste and brushed her teeth at least once a day for a period of over 10 years.

6 0
3 years ago
Recognizing something as a revenue instead of as a liability has a positive effect on the reported financial statements because:
Pani-rosa [81]

Revenue and liability has influence on reported financial statements because;

  • it understates liabilities
  • it overstates revenues

<h3>What is revenue and liability?</h3>

Revenue serves as the money that is been generated by the company as a profit while a liability serves as future sacrifices of economic benefits.

However, recognizing something as revenue instead of liability is dangerous because it can results in overstated net income.

Learn more about revenue at;

brainly.com/question/25855858

4 0
2 years ago
Boris works as a receptionist. He's happy with his salary, he gets along well with his coworkers and his boss, he feels no stres
Naily [24]

Answer: Person-Vocation fit

Explanation: According to the question, Borris lacks Person-Vocation fit as he isn't fully satisfied in his current field of employment as a receptionist, he is aspiring for a better more Noble job profession.

Although Boris has no issue with his current company of employment, he is not satisfied with his job.

7 0
3 years ago
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