Prior to the last weekly payroll period of the calendar year, the cumulative earnings of employees A and B are $99,350 and $91,000 respectively. Their earnings for the last completed payroll period of the year are $850 each. The amount of earnings subject to social security tax at 6% is $100,000. All earnings are subject to Medicare tax of 1.5%. Assuming that the payroll will be paid on December
29, what will be the employer's total FICA tax for this payroll period on the two salary amounts of $850 each?
A) $127.50
B) $115.50
C) $112.50
D) $0
B
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A manufacturing company applies overhead based on direct labor hours. At the beginning of the year, it estimated that overhead costs would be $720,000 and direct labor hours would be 90,000 . Actual overhead costs incurred were $754,400, and actual direct labor hours were 92,000 . The entry to assign overhead costs during the year would be
a. Overhead 720,000 Cash 720,000 b. WIP Inventory 736,000 Overhead 736,000 c. Cash 754,400 Overhead 754,400 d. Overhead 754,400 WIP Inventory 754,400
Section II of the practitioner’s model of human resource management includes the items that will allow the organization to get its work done successfully over long periods of time and is concerned with ______.
A. protecting and expanding B. staffing C. developing and managing D. compensating
It has been found that providing employees with personal days has been ineffective as a way of handling absenteeism
Indicate whether the statement is true or false.
The _____________________ involves who is the target audience, when to target them, what message to communicate, and what the appropriate timeline is.
a. Media planning b. Launch planning c. Creative planning d. Brand planning