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zalisa [80]
3 years ago
7

JWS Transport Company’s employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immed

iately (that is, an employee is entitled to the pay even if employment terminates). During 2016, total wages paid to employees equaled $404,000, including $4,000 for vacations actually taken in 2016 but not including vacations related to 2016 that will be taken in 2017. All vacations earned before 2016 were taken before January 1, 2016. No accrual entries have been made for the vacations. No overtime premium and no bonuses were paid during the period. Required: Prepare the appropriate adjusting entry for vacations earned but not taken in 2016. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Business
1 answer:
Anna11 [10]3 years ago
6 0

Answer:

$6,000

Explanation:

1 hour per 40 hour period= 1/40=.025

Total Wages paid less vacation wages paid ($404,000-$4000)

$400,000 is The payable amount of wages if no holiday was taken.

$400,000 X.025=$10000=(The workers gross holiday compensation)

$10,000-$4,000=$6,000

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Consumer Surplus

This is the difference between what consumers are willing and able to pay and what they actually do pay. You may be willing to spend up to $100 on a new pair of shoes but if you find the perfect pair on sale for $20 you will buy those and there will be an $80 surplus.

5 0
3 years ago
Sam visits Mexico for a business meeting. At the meeting, Sam addresses the vice president of the firm by his first name rather
Nesterboy [21]

Answer:

A. power distance

Explanation:

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8 0
3 years ago
Cynthia Knott's oyster bar buys fresh Louisiana oysters for $5 per pound and sells them for $9 per pound. Any oysters not sold t
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Answer:

103

Explanation:

Please see attachment .

6 0
4 years ago
The publisher from needs to change his calculations. Before the book is actually produced, rising paper costs increase variable
Lerok [7]

Answer:

As the variable cost increased by $2.10 per book so if publisher wants to start making profit at same level of production then it should increase the selling price of the book by $2.10. As the increase in cost and selling price will be same so the publisher will also start making profit at same production level.

6 0
3 years ago
Elijah and anastasia are husband and wife who have five married children and nine minor grandchildren. for 2015, what is the max
s344n2d4d5 [400]
To get the answer, you need to calculate this:
19 donees (5 married children + 5 spouses + 9 grandchildren) ×$14,000 (annual exclusion for 2016) × 2 donors (Elijah and Anastasia) = 19(14000) (2)
=19(28000)
=532,000
Through this, you will get the answer of $532,000
4 0
3 years ago
Read 2 more answers
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