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Andrei [34K]
2 years ago
5

An employee has​ year-to-date earnings of . The​ employee's gross pay for the next pay period is . If the FICAOASDI is ​% and th

e wage base is ​, how much FICAOASDI tax will be withheld from the​ employee's pay?​ (Answer is rounded to whole​ dollar.)
Business
1 answer:
taurus [48]2 years ago
5 0

Answer:

$192

Explanation:

Calculation for how much FICA-OASDI tax will be withheld from the employee's pay?

FICA-OASDI tax=($117,000-$113,900)*6.2%

FICA-OASDI tax=$3,100*6.2%

FICA-OASDI tax=$192

Therefore how much FICA-OASDI tax will be withheld from the employee's pay is $192

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Kelsey wants to start a yoga studio. In addition to using her own money to get it launched, which is another way Kelsey may be a
hammer [34]

Answer:

A.  by tapping a bank loan

Explanation:

3 0
2 years ago
Liberty, inc. has 2,500 shares of 4%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock o
BabaBlast [244]

Dividend to be paid to Preference shareholders in 2014= No of Preference shares*par value per share*Percentage of Shares

=2500*50*4%

=$5000

Dividends declared duing 2014=$3000, Thus Preference share holders need to be paid $2000 , in 2015, as preference shares are cumulative in nature.

Dividend to pe paid to Preference shareholders in 2015= $5000+$2000

=$7000.

Dividend to be paid to common share holders= $18000-$7000

=$11000

Thus B will be the answer.

8 0
3 years ago
Benny Company budgeted 610 pounds of direct materials costing​ $18.00 per pound to make​ 8,000 units of product. The company act
docker41 [41]

Answer:

-$720 unfavorable

Explanation:

The computation of the material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $18 per pound × (610 pounds - 650 pounds)

= $18 per pound × -40 pounds

= -$720 unfavorable

Simply we take the difference between the standard quantity and the actual quantity and then multiply it by the standard price so that the correct value can come

6 0
3 years ago
What is quality management
levacccp [35]
Quality management is the act of overseeing all activities and tasks that must be accomplished to maintain a desired level of excellence. This includes the determination of a quality policy, creating and implementing quality planning and assurance, and quality control and quality improvement.
8 0
2 years ago
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows:Unit Sal
ser-zykov [4K]

Answer:

Results are below.

Explanation:

Giving the following information:

Sales:

April 82,000

May 90,000

June 122,000

July 96,000

Desired ending inventory= 15% of the following month's unit sales.

The inventory at the end of March was 12,300 units

<u>To calculate the production required, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

<u>April:</u>

Sales= 82,000

Desired ending inventory= 90,000*0.15= 13,500

Beginning inventory= (12,300)

Total production= 83,200

<u>May:</u>

Sales= 90,000

Desired ending inventory= 122,000*0.15= 18,300

Beginning inventory= (13,500)

Total production= 94,800

<u>June:</u>

Sales= 122,000

Desired ending inventory= 96,000*0.15= 14,400

Beginning inventory= (18,300)

Total production= 118,100

4 0
3 years ago
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