pls help finish Bridgeport Limited began operations on January 2, 2022. Bridgeport employs 15 individuals who work
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Bridgeport Limited began operations on January 2, 2022. Bridgeport employs 15 individuals who work eight-hour days and are paid hourly. Each employee earns 12 paid vacation days and 6 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows: Actual Hourly Wage Rate Vacation Days Used by Each Employee Sick Days Used by Each Employee 2022 2023 2022 2023 2022 2023 $23 $24 0 11 4 5 Bridgeport has chosen to accrue the cost of compensated absences at rates of pay in effect during the period when they are earned and to accrue sick pay when it is earned. For the purpose of this question, ignore any tax, CPP, and El deductions when making payments to the employees. Bridgeport Limited began operations on January 2, 2022. Bridgeport employs 15 individuals who work eight-hour days and are paid hourly. Each employee earns 12 paid vacation days and 6 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows: Actual Hourly Wage Rate Vacation Days Used by Each Employee Sick Days Used by Each Employee 2022 2023 2022 2023 2022 2023 $23 $24 0 11 4 5 Bridgeport has chosen to accrue the cost of compensated absences at rates of pay in effect during the period when they are earned and to accrue sick pay when it is earned. For the purpose of this question, ignore any tax, CPP, and El deductions when making payments to the employees.
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To calculate the cost of compensated absences for Bridgeport Limited we can use the following steps ... View the full answer
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