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i need help with this. With the assignment attached. 'i'he auditors of 'l'Q, 1nc., obtained the following selected account information. Selected information Year 2 Year

i need help with this. With the assignment attached.

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'i'he auditors of 'l'Q, 1nc., obtained the following selected account information. Selected information Year 2 Year 1 Sales revenue $63 WW WWW Hourly wage expense $12,340,000 $12,030,000 Ofce salary expense 115 092,500 $4,850,030 Bonus expense $1,315,000 $1,250,000 Payroll tax expensehourly $1,114,200 $1,080,000 Payroll tax expenseofce $458 ,000 $435,500 4010:] match expense $410,000 $407,000 Health insurance expense $377,500 $255 ,000 Short-term disability expense $340,000 $350,000 Additionally, the auditors noted the following information: I Year 1 unit sales of Product Alpha: 25,000 I Year 1 unit sales of Product Beta: 45% I Unit sales increased in year 2 by 10% and (5% for Product Alpha and Product Beta,respectiye1y. B C Auditor's Additional note: tlon Bonus expense Bonus expense for year 2 is expected to be ?% of total prioryear wage and salary expense if total unit sales increase by more than 5%. Shortten'n disability expense Shortterm disability expense for year 2 is expected to be 2% of the prior-year wage and salary expense. Ofce salary expense Average salaries increased 4% effective July 1, year 2. Headcount was 40 in year 1 and increased to 43 on July 1. year 2. 401(k) match expense TQ matches 50% of the rst 5% cftctal currentyear compensation (salaries. wages, and bonuses} for participating employees. Historically, 80% of TQ's employees have participated in the 401(k) plan. Hourly payroll tax expense T Health insurance expense Historically, houriy payroll tax expense, excluding federal unemployment tax, has been 8% of total wages. In addition, federal unemployment tax was expected to increase on October 1. year 2, from 1% to 2%. Total hourly payroll is expected to increase by 2%. Total headcount was 200 employees for year 1 and 260 for year 2. Health insurance premiums are expected to increase 12% in year 2

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