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labwork [276]
3 years ago
14

Choose the correct definition for manual payroll: Multiple Choice A record of the time worked during a period for an individual

employee. Payroll administration using a paper payroll register. A web-based application wherein employees can modify certain payroll-related information. A way for governmental agencies to track the payroll associated with a government contract. Governs accounting for firms with federal government contracts in excess of $2,000.
Business
1 answer:
musickatia [10]3 years ago
4 0

Answer:

Payroll administration using a paper payroll register.

Explanation:

Manual payroll system can be regarded as system that use manual method when processing payroll i.e processing using hand, it means payroll software is not involved. It should be noted manual payroll involvesadministration using a paper payroll register.

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Nicklin Corporation is considering two alternatives, code-named M and N. Costs associated with the alternatives are listed below
xz_007 [3.2K]

Answer and Explanation:

a. The cost that are relevant or irrelevant is shown below:-

Relevant costs are those costs which influence the company's decision-making process and these costs vary between alternatives. However, irrelevant costs are the same for each alternative and thus do not impact decision-making processes.

Supplies costs = Relevant

Supplies cost is relevant as amount are vary between alternatives

Power cost = Irrelevant

Power cost is relevant as amount is not vary between the alternatives

Inspection cost = Relevant

Inspection cost is relevant  as amount are vary between alternatives

Assembly cost = Relevant

Assembly cost is Relevant as amount are vary between alternatives

b. The computation of differential cost between Alternative M and Alternative N is shown below:-

                              Alternative M        Alternative N       Differential cost

Supplies costs         $77,000               $68,000              $9,000

Power costs             $49,000               $49,000              $0

Inspection costs       $29,000              $44,000              -$15,000

Assembly costs         $42,000              $31,000              $11,000

Differential cost         $197,000             $192,000           $5,000

4 0
4 years ago
Linda earns $83,000 per year as an employee. How much will she pay this year in Social Security taxes
KatRina [158]

Answer: b.$5,146.00

Explanation:

Social security tax rate is 6.20%, you would multiply $83,000 by 0.062 to get a total of $5,146

7 0
2 years ago
Which symbol should you use for entering a formula in a cell?
Pavlova-9 [17]

Answer:

b) =

Explanation:

The equal sign ( = ) is the symbol that should be used for entering a formula in a cell. Hence, option (b) is the answer.

3 0
2 years ago
Counterfeit questions are associated with which gibb component? select one:
ruslelena [56]
The answer is d. strategy
4 0
3 years ago
Lindon company is the exclusive distributor for an automotive product that sells for $40 per unit and has a cm ratio of 30%. the
DIA [1.3K]
1)The cm ratio<span> is the difference between a company's sales and variable expenses (expenses proportional to units produced), expressed as a <span>percentage. Hence, we have that the costs of the product per unit are 70%= 100%-30% of the unit income, thus they are 40*70%=28$. Thus, the variable expenses per unit are 28$.
2) In order to break even, they have to make profit of 180000$ from sales. Each unit gives a profit of 12$=40$-28$ (unit profit). Hence, in order to make a profit of 180000$, the have to sell 180000/12=15000 units. Those units will bring in sales of 40*15000=600000$. We also have that if the company wants to make a net profit of 60000$, the profit from the unit sales needs to be 240000$ in total. Hence, they will need 240000/12=20000 units and the sales will be 40*20000=800000$ at that point.
3) Let us calculate the new cost. It is obviously 28-4=24$. The new profit margin per unit is 40-24=16$. Hence, to break even this time they will need only 180000/16=11250 units. They will be sold for 40*11250=450000$ in total. To make that additional profit of 60000$, they will need to sell 60000/16 more units, hence 3750 more units. This means that they need to do an additional 150000 dollars in sales. With the new variable cost, to achieve profit of 60000 they need to sell 11250+3750=15000 units and they will cost 600000$


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5 0
3 years ago
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