Matt broderick company began operations on january 2, 2013. it employs 9 individuals who work 8-hour days and are paid hourly. each employee earns 10 paid vacation days and 6 paid sick days annually.
vacation days may be taken after january 15 of the year following the year in which they are earned. sick days may be taken as soon as they are earned; unused sick days accumulate. additional information is as follows. actual hourly vacation days used sick days used wage rate by each employee 2013 2014 2013 2014 2013 2014 $10 $11 0 9 4 5assume the facts in e13-5 except that matt broderick company has chosen not to accrue paid sick leave until used, and has chosen to accrue vacation time at expected future rates of pay without discounting. the company used the following projected rates to accrue vacation time. year in which vacation projected future pay ratestime was earned used to accrue vacation pay2013 $10.752014 11.60
instructions:
(a) prepare journal entries to record transactions related to compensated absences during 2013 and 2014.
(b) compute the amounts of any liability for compensated absences that should be reported on the balance sheet at december 31, 2013, and 2014.

Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next

Need true or false 1 2 3 4 5 6 7 8

Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?