Compute the gross earnings amounts for maria wages

Assignment Help Accounting Basics
Reference no: EM132100388

Question - Maria Garza's regular hourly wage rate is $14.00, and she receives a wage of 1.5 times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Maria worked 42 hours. Her gross earnings prior to the current week were $6,000. Maria is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $30.00 per week.

Compute the following amounts for Maria's wages for the current week.

(1) Gross earnings

(2) FICA taxes

(3) Federal income taxes withheld

(4) State income taxes withheld

(5) Net pay

Record Maria's pay.

Reference no: EM132100388

Questions Cloud

Meeting your expectations for productivity : Your employees are not meeting your expectations for productivity and their behavior appears disgruntled.
Marketing strategy that will allow aboca succeed : How to take advantage of the US enormous market and also selecting a marketing strategy that will allow Aboca succeed.
Discuss the stages of a product life cycle : What is integrated marketing and how does it fit in a marketing plan? Discuss the stages of a product's life cycle.
How would you argue for notion : Response for the following statement: 'There is only one best way to manage'.
Compute the gross earnings amounts for maria wages : During a March weekly pay period, Maria worked 42 hours. Compute the Gross earnings amounts for Maria wages
What is total quality management according to you : Total Quality Management is defined as “a management philosophy concerned with people. What is Total Quality Management according to you?.
Investing heavily in information technologies : What evidence can you find that supports why organizations are investing heavily in information technologies?
Compute the duration of the bond : Compute the duration of the bond on GSBG23 on 10 July 2018 14:00. Using graphs todemonstrate the effect of coupon and interest rate on duration respectively
What does the globalization of production mean : How does the Singapore case illustrate some of the benefits and costs of globalization?

Reviews

Write a Review

Accounting Basics Questions & Answers

  The first commitment requires phillips to purchase inventory

1. In March 2013, the Phillips Tool Company signed two purchase commitments.

  The u-z door company manufactures garage door units the

the u-z door company manufactures garage door units. the units include hingers door panels and other hardware. prepare

  Evaluate how the appearance of solvency for business changes

What are the differences between cash and accrual basis accounting. Provide an example of each type

  Prepare a schedule to determine the gross profit

Mojave sold her condominium for $500,000 on September 14, 2010; she had paid $330,000 for it in 2002. Mojave collected the selling price as follows: 2010, $80,000; 2011, $320,000; and 2012, $100,000. Mojave appropriately uses the installment-sales..

  The process of initially recording business transactions in

the process of initially recording business transactions in a journal isa posting.b sliding.c journalizing.d

  Using the allowance method the uncollectible accounts for

using the allowance method the uncollectible accounts for the year is estimated to be 28000. if the balance for the

  Who are the stakeholders affected by their proposals

Is there anything unethical in what each of them proposes? Who are the stakeholders affected by their proposals

  What role forecast of future interest rates play in decision

Write the given assignment in essat format.- What role does your forecast of future interest rates play in your decisions?

  Compare the tax treatment of capital gains and losses

Compare the tax treatment of capital gains and losses by a corporation and by individual. What are start-up expenditures? How are they treated for tax purposes?

  Determine the payback period for the project

Determine whether or not the project should be undertaken using the net present value method.

  .carmen camry operates a consulting firm called help today.

1.Carmen Camry operates a consulting firm called Help Today. On August 31, the company's records show the following accounts and amounts for the month of August. Use this information to prepare an August income statement for the business.

  Journalize all entries required on the abouve dates

Journalize all entries required on the abouve dates, including entries to update depreciation, where applicable, on assets disposed of. Thomas Company uses straight-line depreciation. (Assume depreciation is uo to date as of Dec 31 2005.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd