Question: Kazana Medical Supplies estimates that its office employees will earn
Kazana Medical Supplies estimates that its office employees will earn $215,000 next year and its factory employees will earn $970,000. The firm pays the following rates for workers' compensation insurance: $0.60 per $100 of wages for the office employees and $8.40 per $100 of wages for the factory employees. Determine the estimated premium for each group of employees and the total estimated premium for next year.
Answer to relevant QuestionsThe payroll register of Weekly Car Cleaning Company showed total employee earnings of $4,500 for the payroll period ended July 14, 2016.INSTRUCTIONS1. Compute the employer’s payroll taxes for the period. Use rates of 6.2 ...The following information relates to Ponte Manufacturing Company’s workers’ compensation insurance premiums for 2016. On January 15, 2016, the company estimated its premium for workers’ compensation insurance for the ...The Mound Gazette is a local newspaper that is published Monday through Friday. It sells 90,000 copies daily. The paper is currently in a profit squeeze, and the publisher, Harley Hews, is looking for ways to reduce ...Based on the information below, record the adjusting journal entries that must be made for Garibaldi Consulting on June 30, 2016. The company has a June 30 fiscal year-end. Use 18 as the page number for the general ...Fun Depot is a retail store that sells toys, games, and bicycles. On December 31, 2016, the firm’s general ledger contained the following accounts and balances. ACCOUNTS AND BALANCESINSTRUCTIONS1. Prepare the ...
Post your question