Bloy corp.’s payroll for the pay period ended october 31, year 4, is summarized as follows: amount of wages federal income subject to depart- payroll taxes ment total tax unemploy- payroll wages withheld fica ment factory $ 60,000 $ 7,000 $56,000 $18,000 sales 22,000 3,000 16,000 2,000 office 18,000 2,000 8,000 -- $100,000 $12,000 $80,000 $20,000 assume the following payroll tax rates: fica for employer and employee 7% each unemployment 3% what amount should bloy accrue as its share of payroll taxes in its october 31, year 4, balance sheet?

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?

In january, knox company requisitions raw materials for production as follows: job 1 $915, job 2 $1,590, job 3 $771, and general factory use $704. during january, time tickets show that the factory labor of $6,300 was used as follows: job 1 $2,344, job 2 $1,711, job 3 $1,554, and general factory use $691. prepare the job cost sheets for each of the three jobs.

Abc electronics wants someone to install a top-of-the-line security system in its two buildings, a system that not only sounds an alarm but also simultaneously notifies authorities and the company president. video surveillance of the premises should also be a capability of the security system. n order to obtain price quotes, what should the company write? a.an unsolicited proposal b.an internal proposal c.an external proposal d.a request for proposals