On january 1, 2011, sauder corporation signed a five-year noncancelable lease for equipment. the terms of the lease called for sauder to make annual payments of $50,000 at the beginning of each year for five years with title to pass to sauder at the end of this period. the equipment has an estimated useful life of 7 years and no salvage value. sauder uses the straight-line method of depreciation for all of its fixed assets. sauder accordingly accounts for this lease transaction as a capital lease. the minimum lease payments were determined to have a present value of $208,493 at an effective interest rate of 10%.

in 2011, sauder should record interest expense of
a. $15,849
b. $16,600
c. $10,700
d. $15,808.

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."

Experts are particularly concerned about four strategic metal resources that are important for the u.s. economy and military strength, and that must be imported. what percentage does the u.s. import? *