Employee benefits have become more significant and diverse
Employee benefits
- Typically, membership-based incentives are provided to recruit and retain staff.
- Although they have no direct impact on a worker's performance, insufficient benefits make workers unhappy.
The Price of Offering Employee Benefits
- The cost of benefits and services is around 40% of an organization's payroll expense.
- When significant wage and salary increases are not possible, benefits become the main topic of discussion with employees.
Community Security
- Funded by equal contributions from the employer and the employee, based on a percentage of wages.
- Offers retirement income, income for disabled workers, and money for surviving dependents.
- offers Medicare some health insurance coverage.
Unemployment Insurance
- Employers who pay both federal and state taxes on the taxable wage base provide the funding.
- Tax rates vary depending on an organization's history with unemployment.
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Civillian Conservation Corps (CCC)
Federal Emergency Relief Act (FERA)
Public Work Administration (PWA)
Work Progess Administration (WPA)
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Answer: $920,000
Explanation:
Given the following :
Beginning balance = $800,000
Brown's earning = $600,000
Casg Dividend = $200,000
Dexter's portion of brown's outstanding shares = 3000/ 10000 = 0.3
Therefore, Dexter's investment account is as follows :
Beginning balance + (earning × 0.3) - (Dividend × 0.3)
$800,000 + ($600,000 × 0.3) - ($200,000 × 0.3)
$800,000 + $180,000 - $60,000
$980000 - $60000 = 920000
Answer: $200,000
Explanation:
The cost will be allocated to customer Y, if a cause-effect relationship cannot be established with any cost driver will be calculated thus:
Total sales = $600,000 + $400,000 + $200,000 = $1,200,000
The percentage of Y on total sales will be:
= $400,000/$1,200,000 × 100
= 1/3 × 100
= 33.33%
Therefore, the cost that's allocated to Y will then be:
= $600,000 × 33.33%
= $600,000 × 0.3333
= $200,000
Therefore, the correct answer is $200,000
