Thomas Longbow is the only employee of Presido, Inc. During the first week of January, Longbow earned $3800.00 and had federal and state income tax withholdings of $190.00 and $71.25, respectively. FICA taxes are 7.65% on earnings up to $117,000. State and federal unemployment taxes for the period are $237.50 and $38.00, respectively.What is Presido's payroll tax expense for the week?
A. $536.75
B. $1118.15
C. $827.45
D. $566.20
Answer: D
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Which group with children has larger workloads than the respective dads, logging 5 more hours each week?
A. stay-at-home women B. working women C. stay-at-home dads D. working dads E) Single parents
Melinda, Inc. estimates manufacturing overhead costs for the coming year at $225,000, which will be allocated based on direct labor hours. Melinda estimates 9,000 direct labor hours for the coming year. In January, Job A33 was completed, which required 8 direct labor hours and 34 machine hours.
Provide the journal entry to allocate manufacturing overhead to the job. Omit explanation.
Roseland Company is trying to decide whether to continue to manufacture a particular component or to buy the component from an outside supplier. Which of the following is irrelevant with respect to this decision?
A) the quality of the component purchased from the outside supplier B) the outside supplier's ability to deliver the component on a timely basis C) the alternative uses of the facilities currently being used to manufacture the component D) the unavoidable fixed manufacturing costs associated with the manufacture of the component
Words that have opposite meanings are called ________
A) antonyms B) synonyms C) homonyms