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Fantom [35]
3 years ago
13

Under the Federal Insurance Contributions Act, where do the funds for Social

Business
1 answer:
emmasim [6.3K]3 years ago
6 0

Answer:

It is deducted from the workers

Explanation:

All employers are required to deduct social security and medicare taxes from their employees' paychecks. The deducted amounts are remitted to the government through the social security administration authority.

Therefore, the funds for Social  Security and Medicare come from the employees' paycheck. It is the workers who contribute these funds from their income.

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Parker Corporation has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply ma
AnnyKZ [126]

Answer:

Unitary cost= $62.5

Explanation:

Giving the following information:

Predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the year, manufacturing overhead and direct labor-hours for the year were estimated at $50,000 and 20,000 hours.

Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour.

First, we need to determine the allocated MOH:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 50000/20000= $2.5 per direct labor hour

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base= 2.5* (1500/5)= $750

Total cost= 4000 + 1500 + 750= $6,250

Unitary cost= 6250/100= $62.5

3 0
3 years ago
How would a good recordkeeping system help during a tax audit?
cricket20 [7]
It would help keep the person organized
6 0
3 years ago
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Can someone help what is the title of this book? please ​
Brut [27]
Can’t see it, it’s really blurry!
7 0
3 years ago
Interorganizational systems are examples of _____. Select one: a. group information technologies b. private information technolo
vazorg [7]

Answer:

D

Explanation:

Enterprise information technology is a type of information system designed to improve organizations structured interactions among their own employees and also with external customers,suppliers, government agencies, and other business partners. Three examples of enterprise information technology are transaction processing, enterprise, and interorganizational systems

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3 years ago
Operations management is the management of:
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designing and controlling the process of production and redesigning business operation in the production of goods and services.

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