The number of setups (or orders) per year is determined by the annual demand and ________

Spencer's gross pay for the week is $1,600

Spencer's yearly pay is under the limit for OASDI. Assume that the rate for state and federal unemployment compensation taxes is 6% and that Spencer's year-to-date pay has not yet exceeded the $7,000 cap. What is the amount of state and federal unemployment tax that his employer must record as payroll tax expense and pay to the federal and state governments? A) $225.84 B) $215.20 C) $119.20 D) $96.00

Variable costing

a. is used for external reporting purposes. b. is required under GAAP. c. treats fixed manufacturing overhead as a period cost. d. is also known as full costing.