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3 years ago

What makes up the difference between the salary expense to the employer and the salary paid to the employee

Business

1 answer:

Elan Coil [88]3 years ago

4 0

Answer:

Payroll expense

Explanation:

Payroll expense is the amount you pay to your employees in the form of salaries and wages in exchange for the work they do for your business.

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Fev and Company has a projected balance sheet that includes the following accounts. Cash $ ? Marketable securities 228,000 Accou

Thepotemich [5.8K]

Answer:

C. $ 344,000

Explanation:

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:

Total assets = Total liabilities + stockholder equity

which equals to

Total assets = $1,570,000 + $2,382,000

= $3,952,000

And, the total assets equal to

Total assets = Cash + Marketable securities + Accounts receivable + Inventory + Non-current assets

$3,952,000 = Cash + $228,000 + $860,000 + $490,000 + $2,030,000

$3,952,000 = Cash + $3,608,000

So, the cash would be

= $344,000

7 0

4 years ago

Hochberg Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost Pool Tota

UkoKoshka [18]

Answer:

The correct answer is 2.39

Explanation:

TOTAL WAGES AND SALARIES = $433,000

DEPRECIATION = $160,000

OCCUPANCY = $169,000

TOTAL = $762,000

here for calculating the activity rate for activity cost pool , we will only use the given percentages of wages and salaries, depreciation and occupancy in the activity cost pool -

Amount Activity cost pool Amount allocated

Wages $433,000 20% $86,600

Depreciation $160,000 10% $16,000

Occupancy $169,000 10% $16,900

TOTAL $119,500

Cost driver machine hours 50,000

Rate per machine hour $119,500 / 50,000

2.39

Therefore the activity rate for activity cost pool is 2.39

4 0

3 years ago

Setting and achieving goals is essential to success.<br><br> a. True<br> b. False

joja [24]

Answer: True

Explanation:

The statement that "Setting and achieving goals is essential to success" is true.

When we set goals, it gives us a motivation for the short term and also a long term vision. Setting goals doesn't allow us to deviate from whatever we want to achieve. Our time and resources are dedicated towards achieving that set goal.

5 0

3 years ago

Whenever an employer discharges an employee in violation of an employment contract or a law protecting employees, the employee m

Anton [14]

Answer: Wrongful Discharge

Explanation:

Wrongful discharge, in other words wrongful dismissal or wrongful termination, is the ending of an employment contract by the employer beecause the employer claims that the employee was in breach of his/her employer contract.

An employer might claim an employee is in breach of his/her contract for the following reasons:

Employee refuses to perform tasks that will break the law

Employee reporting a potential violation of a law

Employee participating in union activities

Employee performing a legal obligation, or exercising in a legal right.

4 0

4 years ago

According to the U.S. Census Bureau’s Current Population Survey, the mean and median 2014 income of people aged 25 – 34 years wh

juin [17]

Answer:

B. The mean is $51,754 and the median is $44,167. This is because economic variables are usually skewed to the right, which pulls the mean above the median.

Explanation:

The mean income of $51,754 obtained from the 2014 income of people aged 25 - 34 years with only a bachelor's degree is the average incomes. It is obtained by adding all the incomes in the data set and then dividing by the number of values in the set. The median of $44,167 is the middle value when this data set is ordered from least to greatest while the mode is the number that occurs most often in the data set.

4 0

4 years ago