1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Montano1993 [528]
3 years ago
11

Compute darryl's total social security and Medicare taxes for the third quarter, if she is self-employed and earns $1,020.00 on

a weekly basis.
Business
1 answer:
sergejj [24]3 years ago
6 0

Answer and Explanation:

The computation of the total security and medicare tax is shown below:

Here we assume the social security and medicare tax is 12.4% and 2.9% respectively

So, first we compute the total earnings which is

= $1,020 × 13 weeks

= $13,260

Now the taxes are

= $13,260 × 12.4% + $13,260 × 2.9%

= $1,644.24 + $384.54

= $2,028.78

You might be interested in
During the obama administration, the development of low-cost batteries for electric cars received large amounts of federal fundi
UkoKoshka [18]
<span>The policies of the government directly affect how people react to certain things. When the government supports and believes in alternative source of energy they will approve fundings and subsidies efforts that will help promote or make that policy effective and this was the case of the Obama Administration. Moving towards the ideal levels of lowering the dependance on fossil fuel is not only good for the American economy in terms of not having to import refined crude oil for the transport and aviation industry but it's good for the environment at large.</span>
8 0
3 years ago
Read 2 more answers
9) An investment of $20,000 earns interest at an annual rate of 3.6% compounded continuously. a) Find the instantaneous rate of
Butoxors [25]

Answer:

a) The instantaneous rate of change of the amount in the account after 3 years = dA/dt = 802.114

b) The instantaneous rate of change of the amount in the account when the amount is equal to $25,000 = dA/dt = 900

Explanation:

The detailed step by step and appropriate derivation is as shown in the attachment

6 0
3 years ago
Ruth Company produces 1,000 units of a necessary component with the following costs: Direct Materials $34,000 Direct Labor 15,00
Snowcat [4.5K]

Answer:

Option B is correct

The maximum price to be paid is = $64000

Explanation:

To determine the the maximum price we would compute using the relevant costs of internal production.

<em>The maximum price to be paid to external supplier should be the total relevant costs associated with internal production.</em>

Total relevant cost of internal production = 34,000 + 15,000 +9000 + 6000

The maximum price to be paid is = $64000

Note that the fixed overhead  of $6000 is associated with the internal production the balance of 4,000 is irrelevant and would be incurred either way.

4 0
3 years ago
Does Audit services needed in Auchi polytechnic student union government? If yes,why
Zepler [3.9K]

Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.

.

<h3>What is the student union?</h3>

The student union is known to be a body that is composed of student of any university, polytechnic or college institution.

It is known to be a body that is autonomous and one whose internal life set up its own by-laws.

Note that the student unions are often allocated funds by the university or polytechnic  and as such they have to use the audit service because some of their leaders may squander the money given to them., So this will help to checkmate them.

Hence, Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.

Learn more about student union government from

brainly.com/question/14856644

#SPJ1

3 0
2 years ago
On January 1, 2019, Oriole Company purchased the following two machines for use in its production process.
ivolga24 [154]

Answer and Explanation:

The journal entries are shown below:

1  Equipment   $53,420

     To Cash  $53,420

(Being the equipment is purchased for cash is recorded)

The computation is given below:

= Cash price of machine + sales tax + shipping cost + insurance during shipping + installation and testing cost

= $49,500 + $3,650 + $100 + $60 + $110

=  $53,420

2. Depreciation expense $9,614

      To Accumulated Depreciation - Equipment  $9,614

(Being the depreciation expense is recorded)

The computation is shown below:

= ($53,420 - $5,350) ÷ ( 5 years)

= $9,614

6 0
3 years ago
Other questions:
  • g In the discussion case, Ikea's Sustainable Cotton Supply Chain, which statement accurately describes IKEA's supply chain? a. T
    6·1 answer
  • An advantage of using one diagnostic manual is that _____
    12·1 answer
  • The manager of a crew that installs carpeting has tracked the crew’s output over the past several weeks, obtaining these figures
    11·1 answer
  • A compositional style in which some details are left to chance or to the performer's choice is known as
    15·1 answer
  • Which of the following statements is correct?
    5·1 answer
  • Paul runs a large, publicly owned automotive supply company called KarParts Inc. His stockholders have demanded to know why KarP
    6·1 answer
  • Suppose that the demand for loanable funds for car loans in the milwaukee area is $10 million per month at an interest rate of 1
    14·1 answer
  • Assuming beginning work in process is zero, the equivalent units of production computed using fifo versus weighted average will
    5·1 answer
  • OC Management Company (OCMC) has built or acquired several high-quality apartment buildings in Orange County. OCMC operates apar
    5·1 answer
  • You have a credit card and the average balance on that card, year after year, is $4,000. The credit card company charges 21% ann
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!