The success of entrepreneurial businesses occurs partially because they are ________.
A. characterized by corporate layers of management
B. more focused than their large corporate counterparts
C. responsible to public stockholders
D. invested heavily in policies and procedures
Answer: B
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An employee receives an hourly rate of $15, with time and a half for all hours worked in excess of 40 during the week. Payroll data for the current week are as follows: hours worked, 48; federal income tax withheld, $120; cumulative earnings for the year prior to this week, $24,500; Social security tax rate, 6% on maximum of $100,000; and Medicare tax rate, 1.5% on all earnings; state
unemployment compensation tax, 3.4% on the first $7,000; federal unemployment compensation tax, .8% on the first $7,000. What is the employer's payroll tax expense? A) $152.76 B) $91.26 C) $58.50 D) $178.50
For a standard normal distribution, determine the probability of obtaining a z value of a.greater than zero.b.between -2.34 to -2.55.c.less than 1.86.d.between -1.95 to 2.7.e.between 1.5 to 2.75.
What will be an ideal response?
Mirabile Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools--Processing, Supervising, and Other. The costs in those activity cost pools appear below: Processing$3,800Supervising$23,800Other$10,400Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: MHs (Processing)Batches (Supervising)Product M09,700500Product M5300500Total10,0001,000Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins.?Product M0Product M5Sales
(total)$74,100$89,900Direct materials (total)$28,500$31,400Direct labor (total)$27,800$41,700What is the overhead cost assigned to Product M5 under activity-based costing? A. $11,900 B. $114 C. $19,000 D. $12,014
The pattern of covariation around the regression line which is not constant around the regression line and varies in some way when the values change from small to medium and large is known as _____.
A. homoskedasticity B. normal distribution C. constant association D. heteroskedasticity E. multiple regression