McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details:

Salaries and wages earned $ 450,000
Employee income taxes withheld 41,625
FICA taxes withheld 32,175
Unemployment taxes 3,125
Required:

1. Considering both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for the company for March.

2, & 3. Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes) and record employer’s FICA taxes and unemployment taxes. Employees were paid in March but amounts withheld were not yet remitted.

Which of the following has the largest impact on opportunity cost

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale. required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse. b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this. c. explain the difference between sale of receivables with recourse as oppose to without recourse.

Discuss ways that oracle could provide client customers with the ability to form better relationships with customers.