The following totals for the month of april were taken from the payroll register of tapper company. salaries $12,000social security and medicare taxes withheld 550employees federal income taxes withheld 2,500medical insurance deductions 450federal unemployment taxes 32state unemployment taxes 216
the journal entry to record the monthly payroll on april 30 would include aa. debit to salaries payable for $8,500.b. debit to salaries expense for $8,500.c. debit to salaries payable for $8,252.d. debit to salaries expense for $12,000.

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities. required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.