Answer:
- $104.50
- $67.50
- $65.50
- $77.50
- $56.50
Explanation:
the income tax to withhold from the biweekly wages are :
- <u> </u><u>Karen Overton (single, 0 allowances), $900 wages</u>
=$34.90 + ($900 - 436) x 15%
= $104.50
- <u> Nancy Haller (married, 4 allowances), $1,000 wages </u>
=($1000 - 325 ) x 10%
= $67.50
- <u>Alan Glasgow (married, 1 allowance), $980 wages </u>
=($980 - 325 ) x 10%
= $65.50
- <u>Joseph Kerr (single, 4 allowances), $720 wages </u>
= $34.90 + ($720 - $436) x 15%
= $77.50
- <u> </u><u>Ginni Lorenz (single, 1 allowance), $580 wages</u>
= $34.90 + ($580 - $436) x 15%
= $56.50
Answer:
Under the variable costing fixed production overheads are treated as periodic costs and not included in closing stock. Amount $ Calculation Direct materials 1.00 Given Direct labor 2.
Explanation:
Complete question:
Bressler’s would like to sell 600shares of stock using the Dutch auction method. The bids received are as follows:
Bidder Quantity Price $
A 100 818
B 300 17
C 400 16
D 700 15
The bids received are as follows: Bidder A will receive _____ shares and pay a price per share of ____.
Solution:
Bidder A's quantity = [600 /(100 + 300 + 400)] ×100
= 75 shares
All successful bidders will pay $16 a share
The bids received are as follows:
Bidder A will receive 75 shares and pay a price per share of $16 .
A Dutch auction is a trading system (such as an initial open bid) whereby the stock price offered is reduced before appropriate offers are available for selling all shares. Each stock is then sold at that price.
Answer:
E) rack jobbers.
Explanation:
Rack jobbers is defined as a company or trader that has an agreement with a seller to display their products in the retail stores and sell them. Usually channels used are not the traditional channels used to sell the products and can include: gas stations, grocery stores.
In such instances the profit realised is split between both parties. For example if Procter and Gamble provide a product rack to a grocery store this is called rack jobbers.
This will be Reynold's best option as he does not want to take care of setting up displays and maintaining inventory records.
Answer:
The solution and the calculation for this question is shown on the first, second , third , fourth and fifth image
Explanation:
