McLoyd Company completed the salaries and wages payroll for March. Salaries and wages were recorded and paid in cash on March 31st. The payroll provided the following details: Salaries and wages earned $400,000
Employee income taxes with held 37,000
FICA taxes withheld 28,600
Unemployment taxes 2,780

Required:
a. Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes), employer’s FICA taxes and unemployment taxes.
b. Record the payroll for March including employee deductions; salaries and wages earned, $400,000; employee income taxes withheld, $37,000; FICA taxes withheld, $28,600; Unemployment taxes, $2,780.
c. Record the employers FICA taxes and unemployment taxes; salaries and wages earned, $400,000, employee income taxes withheld, $37,000; FICA taxes withheld, $28,600; Unemployment taxes, $2,780.

Which of the following statements is not correct? 1) trade allows for specialization. 2) trade has the potential to benefit all nations. 3) trade allows nations to consume outside of their production possibilities curves. 4) absolute advantage is the driving force of specialization.

Label each scenario with the term that best describes it. use the midpoint method when applicable. marcel duchamp was a famous artist prior to his death, and was known for his dada artwork, including works such as "soft toilet". all of his original sculptures and paintings go on sale. paul owns a tim horton's, a famous donut and coffee franchise. he is willing to sell as many maple glazed donuts as customers want at a price of $1.00 each, but he refuses to sell any donuts for any price lower than $1.00 . the price of facial tissues rises from $2.85 per box to $3.15 . as a result, p& g increases production from 15 million boxes to 25 million boxes of facial tissue. with the school semester starting for both high school and college, papermate chooses to increase production of pens from 38 million to 42 million after global prices of writing instruments increase from $1.90 a package to $2.10 a package. bright ideas increases its production of lightbulbs by 15% after a 400% increase in the price of fluorescent bulbs.labels: elastic supply; perfectly inelastic supply; perfectly elastic supply; inelastic supply; unit-elastic supply.

10.     lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d   incorrect