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2 years ago

Which is an example of a mandatory deduction on a pay stub?

Business

1 answer:

Grace [21]2 years ago

3 0

Answer:

Some mandatory payroll tax deductions that employers are required by law to withhold from an employee's paycheck include: Federal income tax withholding. Social Security & Medicare taxes – also known as FICA taxes.

~Its srishty~✿

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Blue Company reports the following costs and expenses in May.

Inessa [10]

Answer:

(a) Manufacturing overhead = $176,700

(b) Product costs = $390,400

(c) Period costs = $72,390

Explanation:

a. The computation of the manufacturing overhead is shown below:

= Factory utilities + Depreciation on factory equipment + Property taxes on factory building + Indirect factory labor + Indirect materials + Factory repairs+ Factory manager salary

= $17,000 + $13,950 + $2,600 + $49,900 + $82,600 + $2,350 + $8,300

= $176,700

b. The computation of the product cost is shown below:

= Direct materials used + Direct labor + manufacturing overhead

= $141,700 + $72,000+ $176,700

= $390,400

c. The computation of the period cost is shown below:

= Sales salaries + Depreciation on delivery trucks + Repairs to office equipment + Advertising + Office supplies used

= $47,500 + $4,700 + $1,900 + $15,500 + $2,790

= $72,390

7 0

3 years ago

Azus is an international food products company with subsidiaries in many countries. It employs host-country nationals extensivel

Leno4ka [110]

Answer: Polycentric staffing model

Explanation:

The staffing model employed by Azus is the polycentric staffing model. This is an approach whereby the nationals of a particular country are employed in the central offices while foreigners are employed into their subsidiaries overseas. The foreigner are locals in their countey.

The advantages are that hiring locals are less costly and can improve employee morale and increase in productivity.

7 0

2 years ago

When should supplies be recorded as an expense?

Crazy boy [7]

Answer:

Supplies should be recorded as an expense when it is used up during an accounting period.

Explanation:

Supplies which is also refers to as office supplies can be described as consumables and equipment which are used from time to time by company. Examples of office supplies include printer paper, pencils, notebooks, binders, pens and among others.

When supplies are bought before they are used, they are recorded as office supplies by adding them to office supplies on hand at the beginning of to obtain total supplies for an accounting period under the current asset in the balance sheet. Any part of the office supplies used up during an accounting period is recorded an expense during that accounting period in the income statement. The part used is deducted from the total supplies obtained supplies on hand at the an accounting period to be recorded under the current asset in the balance sheet.

Therefore, supplies should be recorded as an expense when it is used up during an accounting period.

7 0

2 years ago

Many routine business messages involve such things as teams coordinating their assignments, customers buying products, and colle

Eddi Din [679]

Answer:

d. requests.

Explanation:

Based on the scenario being described within the question it can be said that such messages are known as requests. These are technically messages from one member of a business to another member in order to ask for a certain good, service, or action to be taken by the second member. Such as attending a meeting or assigning an assignment.

4 0

3 years ago

Read 2 more answers

Explain concisely whether the following statement is true or false:

Mrac [35]

False. Gpd was not designed to assess welfare

3 0

3 years ago