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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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A company had the following partial list of account balances at year-end: Sales Returns and Allowances $ 1,800 Accounts Receivab

Pepsi [2]

Answer: $94,300

Explanation:

Net Sales revenue will be;

= Sales revenue - Sales Returns and Allowances - Sales Discounts

= 99,000 - 1,800 - 2,900

= $94,300

Net sales revenue is imparted by sales discounts and sales returns alone in this instance.

4 0

3 years ago

Concord Corporation sells radios for $50 per unit. The fixed costs are $665000 and the variable costs are 60% of the selling pri

kenny6666 [7]

Answer:

(B) 34400 units

Explanation:

The formula to compute the break even point is shown below:

= (Fixed costs) ÷ (Contribution margin per unit)

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $50 - ($50 × 50%)

= $50 - $25

= $25

And, the fixed cost = $665,000 + $195,000 = $860,000

So, the break even point would be

= ($860,000) ÷ ($25)

= 34,400 units

7 0

4 years ago

A basic tenet of variable costing is that fixed manufacturing overhead costs be currently expensed. What is the rationale behind

kari74 [83]

Answer:

C. Allocation of fixed manufacturing costs are arbitrary at best.

Explanation:

A.- Yes, fixed cost occurs regardless of the level of production, but that is true for every costing method, and some of them do calculate a unit rate for fixed overhead. the statment is partially true

B.- If fixed cost changes with the level of production then, are variable cost, not fixed. Statement is FALSE

C. The allocation of fixed manufacturing costs is arbitrary at best. This is the reasoning for variable costing to consider fixed cost expenses, the method of allocating cost, using a rate always generates a difference in applied and overapplied MO It generates distortions and is not objective, it is based on personal option. The use of direct labor hours, cost or machine hours is evidence of that. TRUE

D.- There is such a cost, like depreciation, but others do incur in cash disbursements, like rent, indirect materials, supervisors, maintenance cost and others.is Statment is FALSE

6 0

3 years ago

quisletYour 15-year-old brother comes home with the great news that he has decided to buy his first car and has just agreed to g

Ilia_Sergeevich [38]

Answer:

Nothing

Explanation:

The reason is that the contract is not formed between my brother and the car seller because the legal requirement to form a contract is 18. So the car seller lacks right to sue my brother for non complaince with the terms and conditions agreed.

6 0

3 years ago

Melissa has been working to develop drought-resistance seeds that require little water to grow and which produce grain. she want

Inga [223]

Given that Melissa has been working to develop drought-resistance seeds that require little water to grow and which produce grain. she wants to send these to arid parts of the world, where conventional grain is not easy (or even impossible) to grow to improve nutrition for the people in those countries. in sociological terms, melissa most likely ascribes to Cornucopian theory.

4 0

3 years ago