Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(11) Bigfork has the following payroll information. All employees worked January 1 through December 31: (12) 65% of the utilities expense is attributable to store

(11) Bigfork has the following payroll information. All employees worked January 1 through December 31: (12) 65% of the utilities expense is attributable to store expenses. 01.01.2022 01.01.2022 01.01.2022 Accumulated Carrying Property, plant and equipment Cost Depreciation amount Land - - Office Building 2,400,000 480,000 1,920,000 Office Furniture and Fixtures 400,000 160,000 240,000 Store Building 3,600,000 720,000 2,880,000 Store equipment 1,200,000 600,000 600,000 Total 7,600,000 1,960,000 5,640,000 Employee Share: Employer Share Monthly Monthly Monthly Monthly Designation Salary Income Tax w/held SSS, PHIC, & HDMF SSS, PHIC, & HDMF Mirabel Sales personnel 22,100 255 600 600 Luisa Sales personnel 23,920 620 600 600 Camilo Sales personnel 22,880 410 600 600 Bruno Office personnel 24,180 670 600 600 Isabela Sales personnel 23,400 515 600 600 Antonio Office personnel 24,700 770 600 600 141,180 3,240 3,600 3,600

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental Accounting Principles

Authors: John Wild, Ken Shaw, Barbara Chiappetta

22nd edition

9781259566905, 978-0-07-76328, 77862279, 1259566900, 0-07-763289-3, 978-0077862275

Students also viewed these Accounting questions