True because you need a Signature to use it as credit
Answer:
management's discretion to choose alternative accounting procedures with in GAAP SEC required reporting regulations for all entities.
Explanation:
Base on the scenario been described in the question, we can say that management's discretion to choose alternative accounting procedures with in GAAP SEC required reporting regulations for all entities.
Answer:
predetermined overhead per pound of finished product <em>$4.48</em>
Explanation:
Despite the fact suggesting otherwise; we are told Candy's management will stick to a 80% of direct labor predetermined overhead rate:
if a pound of finished product has a direcrt labor of $5.60 then the factory overhead is:
cost driver x predetermined rate
$5.60 direct labor x 80%
5.6 x 0.8 = <em>4.48</em>
<span>Fica tax is around 15.3 % on the first $127,200 wages, therefore if your monthly salary is of $4,538 times 12 months is equal to $54,456 which is his yearly salary. Trey's salary times the fica tax which is 15.3% equals to about $8,168.4</span>
