Business, 10.03.2020 03:40 coryintheswamp

Marlene Grady and Pauline Monroe are partners engaged in operating The G&M Doll Shop, which has employed the following persons since the beginning of the year:

V. Hoffman (general office worker) $1,700 per month
A. Drugan (saleswoman) $15,000 per year
G. Beiter (stock clerk) $180 per week
S. Egan (deliveryman) $220 per week
B. Lin (cleaning and maintenance, part-time) $160 per week
Grady and Monroe are each paid a weekly salary allowance of $950.

The doll shop is located in a state that requires unemployment compensation contributions of employers of one or more individuals. The company is subject to state contributions at a rate of 3.1% for wages not in excess of $8,100.

Compute each of the following amounts based upon the 41st weekly payroll period for the week ending October 7, 2016.

Answers: 1

Show answers

Answers

Answer from: cutechickens13

The table is completed as below

Explanation:

As the complete question is not given the complete question is found online and is attached herewith

The Weekly earnings of each person are as below

V.Hoffman $1700/4=$392.31

A.Drugan $15000/54=$288.46

G. Beiter$180

S. Egan $220

B. Lin $160

M.Grady $950

P. Monroe $950

Now the OASDI Rate of FICA Taxes is 6.2% while that of HI Rate is 1.45%

As M.Grady and P.Monroe are partners they are not to be taxed thus the tax values are 0. For the other employees, the FICA taxes are as below

Employee Taxable Earning OASDI HI

V.Hoffman $392.31 =6.2%*$392.31 =1.45%*$392.31

=$24.32 =$5.69

A.Drugan $288.46 =6.2%*$288.46 =1.45%*$288.46

=$17.88 =$4.18

G. Beiter $180 =6.2%*$180.00 =1.45%*$180.00

=$11.16 =$2.61

S. Egan $220 =6.2%*$220.00 =1.45%*$220.00

=$13.64 =$3.19

B. Lin $160 =6.2%*$160.00 =1.45%*$160.00

=$09.92 =$2.32

M.Grady $950 0 0

P. Monroe $950 0 0

Marlene Grady and Pauline Monroe are partners engaged in operating The G&M Doll Shop, which has

Answer from: Quest

a. primarily outdoors, responding to emergencies and protecting people.

have a nice day!

Answer from: Quest

answer; no individual buyer or seller has any significant impact on the market price;

Another question on Business

Business, 22.06.2019 10:40

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable

Answers: 2

Answer

Business, 22.06.2019 12:10

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?

Answers: 3

Answer

Business, 22.06.2019 18:50

)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs

Answers: 1

Answer

Business, 23.06.2019 00:30

You have been solicited to conduct a performance evaluation for a public organization that has been corrupted over issues of personnel embezzling funds. before actually conducting the evaluation, you—the evaluator—need to know certain specifics to conduct a thorough evaluation. compose a proposal that describes what type of evaluation will be conducted. in the proposal, explain the type of public organization. describe some of the main services, products, and activities the organization provides to the public. describe the size of the problem, who is affected by the problem, how long the problem has been in existence, and how long the evaluation will take. also, describe what the evaluation will assess with respect to organizational leadership. finally, what outcomes do you propose the evaluation will to achieve for the organization?

Answers: 2

Answer

You know the right answer?

Marlene Grady and Pauline Monroe are partners engaged in operating The G&M Doll Shop, which has...

Questions