Jason owns a small food truck in Chicago, linois. He initally invested $15000 to start his business and he would like to see a 30% return on his investment (RO), In addition to his initial startup costs, he incurs a total of $155 in fuxed costs per month and $0.60 in variable costs in each meal He expects to make 550 meals each month. Assuming he sells all 550 meals, what should Jason's Target RO price be? Round to the nearest cent) O $846

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Payroll Entries

Payroll is a comprehensive record of employees that are paid by the company. Payroll classifies employees into various categories according to their function and pays scale (basic wage, allowance, income tax, other taxes, employee loans, etc.). Payroll processes form the bedrock of every organization as it contains sensitive information on the ‘wage and paycheck’ portion of the company’s strength—its employees. The organization needs to keep a track of the employees currently on the payroll, the net payout for the company, the record of transactions related to the employees including deductions and payroll taxes to identify the liability and its effect on the balance sheet (and other financial statements). Payroll records also include qualitative factors such as the conduct of the employee.