Accounting for holiday and vacation pay Kent Clark earns $800 per week for a 5-day week, and
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Accounting for holiday and vacation pay Kent Clark earns $800 per week for a 5-day week, and he is entitled to 12 paid holidays and 2 weeks of paid vacation.
a. Over how many weeks should the holiday pay and vacation pay be expensed?
b. What is the amount of the total holiday pay, and how much of it should be expensed per week?
c. How much is the amount of the total vacation pay, and how much of it should be expensed per week?
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