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krek1111 [17]
3 years ago
11

What is total amount spent on wages and salary before any tax is being taken? [those ernings above £40000 are paying 40% income

tax on income tax over £40000 and 20% on anything below £40000
Business
1 answer:
vodka [1.7K]3 years ago
3 0

Answer: hello your question is open ended hence I will give you a more general answer

answer : $12,000 * number of workers  or $24,000 * number of workers

Explanation:

Income taxes are taxes been levied directly on the  income earned by the tax payer.

According to Tax rules there is a certain amount of income an individual would have to earned before any tax will be taken, incomes below $12,000  are tax free ( for singles ) and $24,000 for married individuals ; Hence the Total amount spent on wages and salary before tax is being taken = $12,000 * number of workers or $24,000 * number of workers . ( unless otherwise stated )

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The Gargus Company, which manufactures projection equipment, is ready to introduce a new line of portable projectors. The follow
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Answer:

The correct answer is $780.

Explanation:

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3 years ago
Transactions processing systems monitor, collect, store, and process data generated from all business events. Select one: True F
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TRUE

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4 years ago
Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as
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Answer:

Correct option is D.

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