Midwest Shipping pays employees at the end of each month. Payroll information is listed below for January, the first month of the fiscal year. Assume that none of the employees exceeds the Federal unemployment tax maximum salary of $7,000 in January. Salaries $1,000,000
Federal and state income taxes withheld 160,000
Federal unemployment tax rate 0.80 %
State unemployment tax rate (after FUTA
deduction) 5.40 %
Social Security (FICA) tax rate 7.65 %
Record salaries expense and payroll tax expense for the January pay period.

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

If a team of three workers, each making the u.s. federal minimum wage, produced these 12 rugs, what would the total labor cost be? don't forget that these workers would be working overtime.

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?