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Fynjy0 [20]
3 years ago
8

Which financial component is a mandatory deduction from your gross pay? A. sales tax B. social security tax C. health insurance

D. disaster relief fund (DRF) E. voluntary deduction
Business
2 answers:
Alexxandr [17]3 years ago
4 0

Answer:

The correct answer is B, Social Security Tax.

Explanation:

A Social Security Tax is a tax that is imposed by the federal government on the employers and the employees of the companies. This is the tax that has to be deducted from the gross salaries of the employees. Other taxes can be withdrawn but this tax has to be paid. A flat percentage is deducted every year by the Federal Government.

mamaluj [8]3 years ago
3 0

Employers are required to take a deduction for social security taxes.

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The consumer surplus from​ water, which is​ cheap, is​ ______ than the consumer surplus from​ gold, which is expensive. The tota
bonufazy [111]

Answer: The correct answer is "D. ​greater; less".

Explanation: The consumer surplus from​ water, which is​ cheap, is <u>greater </u>than the consumer surplus from​ gold, which is expensive. The total utility from gold is​ <u>less</u> than the total utility from water.

8 0
3 years ago
Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The
Tom [10]

a. Standard labor-hours is 7920 hours.

b. Standard labor cost allowed is $42,768.

c. The labor spending variance is $1588(U).

d.  The labor rate variance is $1706 and the labor efficiency variance $3294(U).

e.  The variable overhead rate is $5971(U) and efficiency variances for the month $5580(U).

<u>Explanation:</u>

a)Standars hours(SH) allowed to make 19800 jogging mates

=SH per unit \times 19800

=(24/60)*19800

=7920 hours

24/60 has been taken to convert minutes into hours.  

b)Standard Labor Cost (SC) of 19800 jogging mates

=19800 \times SC per unit=19800 \times $2.16\\=$42,768

=$42,768

c)Labour Spending Variance

=Standard Cost - Actual Cost(AC)=$42,768 - $44,356=$1588(U)

=$1588(U)

d)Labor Rate Variance  

=(SR per hour-AR per hour)\timesAH=(5.4-5.2)*8530=$1706(F)

=$1706

Actual Hours(AH) * Actual Rate per hour(AR)= Actual Cost(AC)

8530 \times AR = $44,356

AR = \frac{44356}{8530}\\ \\AR = 5.2

Labor Efficiency Variance

=(SH-AH) \times SR\\=(7920-8530)*$5.4=$3294(U)

=$3294(U)

e) Variable overhead rate variance = Actual hours worked  (Standard overhead rate - Actual overhead rate)

= 8530  (4.5 - 5.20)

= $5971(U)

Actual overhead rate = $44,356 / 8530 = 5.20

Variable overhead efficiency variance = Standard overhead rate   (Standard hours - Actual hours)

= 4.50  (7290 - 8530)

= $5580(U).

8 0
3 years ago
What is a rat called?
raketka [301]

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69 or a mouse

Explanation:

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Today, sandra will present a report to her class on the top ten income-producing countries in the world. most of the countries t
Radda [10]

<span>The world’s richest countries are mostly found in Europe. Therefore Sandra will be presenting most of the countries located in <u>“Europe”</u>.</span>

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