nal Storage employs 88 workers with a s monthly payroll of $133,000. Fringe efits are 8.6% of payroll for a profit- g plan and $9.23 per employee for life insurance. ercent of payroll is the total cost of penefits? Round your answer to the E tenth of a percent.
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- National Storage employs 88 workers with a gross monthly payroll of $135,000. Fringe benefits are 8.8% of payroll for a profit sharing plan and $9.21 per employee for life insurance. What percent of payroll is the total cost of fringe benefits? Round your answer to the neareat tenth of a percent.National Storage employs 88 workers with a gross monthly payroll of $131,000. Fringe benefits are 8.6% of payroll for a profit-sharing plan and $9.23 per employee for life insurance. What percent of payroll is the total cost of fringe benefits? Round your answer to the nearest tenth of a percent.Seaside Hotels employs 64 workers with a gross weekly payroll of $43,536.00. Fringe benefits are $34.33 per employee for dental insurance and $4.86 per employee for discount club memberships. What percent of payroll is the total cost of fringe benefits? (Round your answer to the nearest tenth of a percent.) A.1.4% B.4.4% C. 5.8% D.11.5%
- Bruin Corporation's contribution margin ratio is 75% and its fixed monthly expenses are $45,000. Assume that the company's sales for July are expected to be $120,000. Required: Estimate the company's net operating income for July, assuming that the fixed monthly expenses do not change.15.Seaside Hotels employs 64 workers with a gross weekly payroll of $49,536.00. Fringe benefits are $34.33 per employee for dental insurance and $4.86 per employee for discount club memberships. What percent of payroll is the total cost of fringe benefits? (Round your answer to the nearest tenth of a percent.) 1.4% 3.7% 5.1% 10.1%How many customers and what revenue will the resturant need each month to break even? The monthly costs consist of rent of $10,000, interest of $3,500, fixed labor costs of $12,000, other variable costs are 27% of revenue. The guest check average is $14.50.
- 1.A paving company has 24 employees, 15 with gross earnings of $365 per week and nine with gross earnings of $395 per week. What is the total social security and Medicare tax (in $) the company must send to the Internal Revenue Service for the first quarter of the year? $ ______ 2.National Storage employs 88 workers with a gross monthly payroll of $131,000. Fringe benefits are 8.2% of payroll for a profit sharing plan and $9.23 per employee for life insurance. What percent of payroll is the total cost of fringe benefits? Round your answer to the nearest tenth of a percent. _____ %Jilk Incorporated's contribution margin ratio is 61% and its fixed monthly expenses are $45,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $133,000?DEF Company distributes two products, X and Y. Monthly sales for X are $150,000. Monthly sales for Y are $250,000. CM ratio for X is 70%. CM ratio for Y is 40%. Fixed expenses are $153,750 per month. Required: A) Prepare a contribution format income statement for the company as a whole. Calculate percentages to two decimal places. B) What is the company's breakeven point in dollar sales based on the current sales mix? C) What are the dollar sales of X and Y at the breakeven point you calculated in (B)?
- A sales engineer of a lubricant comрany receives Ρhр 14,580.00 every month. A 9.5 % commission on his monthly sales of Ρhр 85,000.00 is his benefit. His sales last month was Ρhр 115,750.00 and this month is Ρhр 72,951.00.Comрute his two months earnings?Suppose that there is a customer expected to annually generate $1,500 of gross contribution. With 10% of annual discount factor, the NPV of the expected profits for the next THREE YEARS from this customer is about A) $4,500 B) $4,103 C) $5,462 D) $3,730Gayne Corporation's contribution margin ratio is 19% and its fixed monthly expenses are $50,500. If the company's sales for a month are $312,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice $202,220 $8,780 $261,500 $59,280