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marigold corp has 50 employees who work 8hour days and...

Question: marigold corp has 50 employees who work 8hour days and...

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Marigold Corp. has 50 employees who work 8-hour days and are paid hourly. On January 1, 2017, the company began a program of is as follows Hourly Vacation Days Earned Vacation Days Used Year Wages by Each Employee by Each Employee 2017 $28.50 2018 30.50 2019 33.50 10 10 10 10 to accrue the liability for compensated absences at the current rates of pay in effect when the compensated time is earned. What is the amount of the accrued liability for compensated absences that sh ould be reported at December 31, 20197 O $158400. $183600. $385200. $134000.

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