To record the payment of SUTA tax, the accountant would
A. debit Payroll Taxes Expense and credit State Unemployment Tax Payable.
B. debit State Unemployment Tax Payable and credit Cash.
C. debit Payroll Taxes Expense and credit Cash.
D. debit Social Security Taxes Payable and credit Cash.
Answer: B
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Tomlison Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 5,100 units, but its actual level of activity was 5,150 units. The company has provided the following data concerning the formulas to be used in its budgeting: Fixed Element per MonthVariable Element per UnitRevenue - $42.40 Direct labor$0 $7.70Direct materials 0 15.40Manufacturing overhead 46,800 1.20Selling and administrative expenses 21,000 0.40Total expenses$ 67,800 $ 24.70The selling and administrative expenses in the planning budget for October would be closest to:
A. $23,103 B. $23,330 C. $23,060 D. $23,040
The direct labor budget is needed to prepare the production budget
Indicate whether the statement is true or false
Generally, the more equal the level of participation among members, the higher the group’s ______.
a. productivity b. cohesiveness c. success d. positivity
People with an optimistic personality and attitude generally have ______ stress than pessimists.
A. higher B. more C. less D. no