Employees earn vacation pay at the rate of one day per month. During October, 150 employees qualify
Question:
Employees earn vacation pay at the rate of one day per month. During October, 150 employees qualify for one vacation day each. Their average daily wage is $175 per day. What is the amount of vacation benefit expense for October?
a. $26,250
c. $2,100
e. $150
b. $175
d. $63,875
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Related Book For 
Financial And Managerial Accounting Information For Decisions
ISBN: 9781259726705
7th Edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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