On january 8, the end of the first weekly pay period of the year, regis company's employees earned $27,760 of office salaries and $60,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $13,460 of federal income taxes, $1,370 of medical insurance deductions, and $880 of union dues. no employee earned more than $7,000 in this first period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.6%. 1.2 prepare the journal entry to record regis company's january 8 employee payroll expenses and liabilities. 2. prepare the journal entry to record regis’s employer payroll taxes resulting from the january 8 payroll. regis’s state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.6%.

The beach dude (bd) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). this case describes bd's sales and collection process. each bd salesperson works with a specific group of customers throughout the year. in fact, they often surf with their customers to try out the latest surf gear. the bd salespeople act laid-back, but they work hard for their sales. each sale often involves hours of surfing with their customers while the customers sample all the latest surf wear. because bd makes the best surfing products, the customers look forward to the visits from the bd salespeople. and they often buy a lot of gear. each sale is identified by a unique invoice number and usually involves many different products. customers pay for each sale in full within 30 days, but they can combine payments for multiple sales. bd manages its clothing inventory by item (e. g., xl bd surfer logo t-shirts), identified by product number, but it also classifies the items by clothing line (the lines are differentiated by price points as well as the intended use of the clothing, e. g., surfing products, casual wear, . draw a uml class diagram that describes the beach dudes sales and collection process. b. using microsoft access, implement a relational database from your uml class diagram. identify at least three fields per table. c. describe how you would use the relational database to determine the beach dude’s accounts receivable.

Awidower devised his fee simple interest in his residence as follows: “to my daughter for life, then to my oldest grandchild who survives her.” at the time of the widower’s death, he was survived by his only two children, a son and a daughter, and by one grandchild, his daughter’s son. a short time later, the daughter together with her son entered into a contract to sell the residence in fee simple to a buyer. the applicable jurisdiction continues to follow the common law rule against perpetuities, but has abrogated the rule in shelley’s case. at the closing, the buyer refused to purchase the residence. can the sellers compel the buyer to do so?

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be: