EnField Corp. has 7 employees and each employee is paid on average $173 per day and works 7 days a week. The company's year-end is December 31. The employees were last paid on December 23 for the two weeks that ended on December 16. What is the wages and salary payable to record for December 31? a. $2,595 b. $1,384 c. $9,688 d. $18,165

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter3: Accounting For Labor
Section: Chapter Questions
Problem 9P: An analysis of the payroll for the month of November for CinMar Inc. reveals the information shown:...
icon
Related questions
Question

Provide answer the accounting question

EnField Corp. has 7 employees and each employee is paid on
average $173 per day and works 7 days a week. The company's
year-end is December 31. The employees were last paid on
December 23 for the two weeks that ended on December 16.
What is the wages and salary payable to record for December
31?
a. $2,595
b. $1,384
c. $9,688
d. $18,165
Transcribed Image Text:EnField Corp. has 7 employees and each employee is paid on average $173 per day and works 7 days a week. The company's year-end is December 31. The employees were last paid on December 23 for the two weeks that ended on December 16. What is the wages and salary payable to record for December 31? a. $2,595 b. $1,384 c. $9,688 d. $18,165
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning
Financial Accounting: The Impact on Decision Make…
Financial Accounting: The Impact on Decision Make…
Accounting
ISBN:
9781305654174
Author:
Gary A. Porter, Curtis L. Norton
Publisher:
Cengage Learning
Financial Accounting
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning
College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
College Accounting, Chapters 1-27 (New in Account…
College Accounting, Chapters 1-27 (New in Account…
Accounting
ISBN:
9781305666160
Author:
James A. Heintz, Robert W. Parry
Publisher:
Cengage Learning