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Employees earn vacation pay at the rate of one day per month. During the month of...

Employees earn vacation pay at the rate of one day per month. During the month of July, 24 employees qualify for one vacation day each. Their average daily wage is $99 per day. What is the amount of vacation benefit expense to be recorded for the month of July?

  • $2,376.0

  • $99.0

  • $237.6

  • $24.0

  • $23,760.0

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Answer #1

Solution No.of Avarage = 24 employees analitied daily wage $99 $2376.0 the amount of Vacation benfit enpense a (24x99) ation

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