Jason is a recently hired service advisor at Silver Service. He has been assigned to a team of five technicians. Jason gets paid a salary plus commission based off of the production of the entire team. What type of expense(s) is Jason's payroll expense? Direct expense Variable expense Fixed expense Fixed and variable expense

Jason is a recently hired service advisor at Silver Service. He has been assigned to a team of five technicians. Jason gets paid a salary plus commission based off of the production of the entire team. What type of expense(s) is Jason's payroll expense? Direct expense Variable expense Fixed expense Fixed and variable expense

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter3: Social Security Taxes

Section: Chapter Questions

Problem 6PB: Amanda Autry and Carley Wilson are partners in A W Gift Shop, which employs the individuals listed...

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Pick one answer: Jason is a recently hired service advisor at Silver Service. He has been assigned to a team of five technicians. Jason gets paid a salary plus commission based off of the production of the entire team. What type of expense(s) is Jason's payroll expense? Direct expense Variable expense Fixed expense Fixed and variable expense
Due to increased work volume at McMahon's Robotics Emporium, the owner has decided that she needs to add another payroll clerk. What type of expense is the new payroll clerk's salary? Direct expense Indirect expense Variable expense Overhead expense
Pick one answer: Due to increased work volume at McMahon's Robotics Emporium, the owner has decided that she needs to add another payroll clerk. What type of expense is the new payroll clerk's salary? Direct expense Indirect expense Variable expense Overhead expense
Assume that you are working with a payroll application that produces weekly paychecks, including paystubs. Listed below are 20 data elements that would appear on the paycheck/paystub. For each numbered item, indicate the immediate (versus ultimate) source of the item. For instance, the immediate source of the number of exemptions for an employee would be the employee master data, as opposed to the ultimate source, which is the W-4 form filed by the employee. Some items may have more than one source, as in the case of item 1. You have the following choices: Arrange your answer as follows: The items to be considered are as follows:
As you learned in the previous chapter, Olney Company is a small manufacturing firm located in Newtown, Pennsylvania. The company has a workforce of both hourly and salaried employees. In the last chapter, gross wages were computed for each employee. Adjacent to their name, each employee's gross wages are shown in the Payroll Register. The next task is computing the FICA withholding for each employee and the employer's liability. Requirements: Compute the OASDI for each employee. Compute the HI for each employee. Compute the employer FICA liability. Payroll Register Complete the steps below: Compute the OASDI for each employee. Compute the HI for each employee. Compute the totals for each tax. Note: Round your final answers to the cent. OLNEY COMPANY, INC.Employee Payroll Register For Period Ending January 8, 20-- EARNINGS DEDUCTIONS NET PAY Name Gross OASDI HI FIT SIT SUTA CIT SIMPLE Grp. Ins. Health Ins. Ck. No. Amount Mangino, R. $740.00 $fill…
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As you learned in the previous chapter, Kipley Company is a small manufacturing firm located in Pittsburgh, Pennsylvania. The company has a workforce of both hourly and salaried employees. In the last chapter, gross wages were computed for each employee. Adjacent to their name, each employee's gross wages are shown in the Payroll Register. The next task is computing the FICA withholding for each employee and the employer's liability. Requirements: Compute the OASDI for each employee. Compute the HI for each employee. On the Employer Register, compute the employer FICA liability.
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I need to know how to record this transaction in a general journal. Paid semi-monthly payroll, which totaled $8,000, to the firm's workers, all of which are classified as independent contractors.
How to get the gross taxable income