Which of the following payroll taxes are paid by the employer?
a. FICA taxes
b. Federal unemployment taxes
c. State unemployment taxes
d. All of these
D
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GAAP does not require companies to disclose the balances of depreciable assets by nature or function but by major classes
Indicate whether the statement is true or false
An advertising company would probably use a process costing system
Indicate whether the statement is true or false
Lagle Corporation has provided the following information: Cost per Unit Cost per PeriodDirect materials$4.85 Direct labor$3.35 Variable manufacturing overhead$1.35 Fixed manufacturing overhead $8,000Sales commissions$1.50 Variable administrative expense$0.45 Fixed selling and administrative expense $4,400 If 5,000 units are sold, the total variable cost is closest to:
A. $73,000 B. $57,500 C. $57,750 D. $47,750
________ concern resource use and include planning, assessing, and analyzing the resources used by the company in pursuit of its objectives
A) Managerial processes B) Operational processes C) Transactional processes D) Strategic processes