Control involves ____________

In this career, you might teach hunting classes, monitor fish populations, and work to create new areas for recreation and prese

mihalych1998 [28]

Answer:

C, True, D

Explanation:

6 0

3 years ago

Read 2 more answers

An employee earns $5,550 per month working for an employer. The FICA tax rate for Social Security is 6.2% of the first $127,200

omeli [17]

Answer:

The amount the employer should record as payroll taxes expense for the employee for the month of January is $695.75

Explanation:

According to the given, The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 4.4%.

The remainder are taken out of the employees' checks as part of their responsibility.

Therefore, to calculate the amount the employer should record as payroll taxes expense for the employee for the month of January we would have to make the following calculation:

Total payroll expense=($5,500 x 0.062) + ($5,500 x 0.0145) +($5,500 x 0.006) +($5,500 x 0.044)

Total payroll expense=$695.75

The amount the employer should record as payroll taxes expense for the employee for the month of January is $695.75

3 0

3 years ago

A company needs to locate three departments (X, Y, and Z) in the three areas (I, II, and III) of a new facility. They want to mi

dolphi86 [110]

Answer:

(A) $2,600

Explanation:

Please see attachment .

6 0

4 years ago

Steven's Battery Company has two service departments, Maintenance and Personnel. Maintenance Department costs of $320,000 are al

inna [77]

Answer:

From maintenance to department B will be allocated 85,333 dollars

Explanation:

We distribute maintenance over personnel and operating and then,

we distributed the accumulated in personnel over the operating department:

$\left[\begin{array}{cccccc}&Maintenance&Personnel&Dep A&Deb B\\$maintenance-hours&&800&960&640\\$employes&&&160&480\\$Direct \: Cost&320,000&80,000&160,000&240,000\\$Allocate A&-320,000&106,667&128,000&85,333\\$Subtotal&&186,667&288,000&325,333\\$Allocate J&&-186,667&46,667&140,000\\$Total&&&334,667&465,333\\\end{array}\right]$

For the given question it would be:

total maintenance-hours: 800 + 960 + 640 = 2,400

allocation of maintenance:

320,000 x 640/2400 = 85,333

4 0

3 years ago

Baylor Bank believes the New Zealand dollar will appreciate over the next five days from $.48 to $.50. The following annual inte

Nitella [24]

Answer:

Its dollar profit from speculation over the five-day period will be $208,035.93.

Explanation:

This can be determined as follows:

Assuming Baylor Bank borrow $5,000,000

The borrowing will be converted to New Zealand dollar at the current exchange rate and we will have:

Conversion = $5,000,000 / 0.48 = NZ$10,416,667

The NZ$10,416,667 shall be invested at an annualized based on New Zealand lending rate of 6.75% over five days. This will produce future value (FV) as follows:

FV of investment = Amount invested * (1 + NZ lending rate)^(5 years / 360 days) = NZ$10,416,667 * (1 + 6.75%)^(5 / 360) = NZ$10,426,121.44

Converting the NZ$10,426,121.44 to dollar at the new rate of $.50 as follows:

New conversion = NZ$10,426,121.44 * $.05 = $5,213,060.72

Amount to repay based on the US borrowing rate = Amount borrowed in USD * (1 + US borrowing rate)^(5 years / 360 days) = $5,000,000 * (1 + 7.5%)^(5 / 360) = $5,000,000 * 1.00100495826555 = $5,005,024.79

Profit = New conversion - Amount to repay = $5,213,060.72 - $5,005,024.79 = $208,035.93

Therefore, its dollar profit from speculation over the five-day period will be $208,035.93.

3 0

3 years ago

Control involves _____________, by definition.