Compute the gross earnings for employees

Assignment Help Accounting Basics
Reference no: EM132509348

AC110 Payroll Accounting - Guam Community College

Question 1. Carson Beck works at the local Worst Buy Shop. As a full-time student at the local university, he is being paid an hourly rate of $4.20. One week, Beck worked 37 hours.
Beck 's earnings for the week are:

Is the hourly rate in violation of FLSA? Explain:

If the hourly rate is in violation of the FLSA, what rate should be paid?

Minimum Wage:
Pay:

Question 2 Compute the Gross earnings for each employee:

Question 3 Compute the gross earnings for employees for pay week ending July 7th for a standard 40-hour workweek.
Overtime is paid at time and one half.
Compute regular earnings, overtime rate, overtime earnings, and total gross earnings:

Question 4 Connie Duffy started working for Dexter Company on Thursday of this week. She worked 9 hours on Thursday and
8 hours on Friday. Her annual salary is $80,000, and she is an exempt white-collar emplyee. Determine her gross pay for her first partial week of work.

Question 5 John Porter is an hourly employee of the Motter Company in New York City. This week Porter had to travel to the company's regional office in Albany. He left Sunday at noon and arrived in Albany at 3:00 PM. During the week, he worked his normal 40 hours in the Albany Office (Monday through Friday from 9:00 AM to 5:00 PM). In addition, he attended the company's 4-hour work training session on Wednesday evening. Porter's hourly rate of papy is $14.80 per hour.

Question 6 Joseph Cavato is paid $12.96 per hour. During the past week he worked 46 hours, and he is a covered employee who must be paid for overtime. Calculate his gross pay using the overtime premium approach.

Question 7 Calculate:

Regular Earnings:
OT Earnings @ time and 1/2
OT Earnings @ 2 times

Question 8 Cal DiMangino earns $2,875 each month and works a 40-hour workweek.

Calculate:

Annual Earnings:

Weekly Earnings

Hourly Rate

Overtime Rate

Question 9 Sheila Williams, a medical secretary, earns $2,575 monthly for a 35-hour workweek. Overtime is paid at time and a half after 40 hours in a workweek. During one semimonthly pay period, Williams worked 10 hours of overtime, but only 2 hours of this overtime were beyond 40 hours in any one workweek.

Calculate:

Yearly Earnings:

Weekly Earnings:

Hourly Rate:

OT Rate:

Regular Semi-montly Earnings:

Question 10. During the first week in November, Erin Mills worked 45 1/2 hours and produced 1,275 units under a piece-rate system. The regular piece rate is .45 cents per unit. Mills is paid overtime according to the FLSA ruling for overtime work under a piece-rate system.

Compute:

Piecework earnings
Regular hourly rate
OT hourly rate
Overtime Earnings
Total Earnings

Attachment:- individual assignment template.rar

Reference no: EM132509348

Questions Cloud

Discuss what devices might be used : For your written assignment for this week, write a 2-3 page paper about the ways an individual might be tracked by digital veillance on an average day: Discuss.
What constitutes legal and illegal gambling : The final requirement of a valid contract is that it must be made for a legal purpose. explain what constitutes legal and illegal gambling.
Developmental observation questions handout : Observation Assignment Instructions 1. Prepare for your observation • Download, print, and review the Developmental Observation Questions handout.
Should the sale of scissors also be banned from the internet : Should it be illegal to include DeCSS software on a Web site merely because that software could be used in activities that would violate the law?
Compute the gross earnings for employees : Compute the gross earnings for employees for pay week ending July 7th for a standard 40-hour workweek and Compute Piecework earnings Regular
Do you think nonrepudiation falls under one of the tenets : Do you think nonrepudiation falls under one of the tenets of the C-I-A triad (confidentiality, integrity, and availability)? Why or why not?
Leadership- sports equipment : You are a division leader who needs a new position in your division to expand a growing and promising new line of sports equipment.
Explain thoughts on future of iot and security implications : Explain your thoughts on the future of IoT and the security implications. Why do you believe it is important to secure these devices as they become more common.
What happens to the organizational climate : Resistance to change is a normal everyday aspect in the workplace. Note what happens to the organizational climate when this resistance occurs and any tactics.

Reviews

len2509348

5/8/2020 12:16:35 AM

Instructions Save the weekly assignment file as an Excel file (.xls file extension) to your hard drive and complete all work in one file. Once you open the template file, please be sure to navigate through all the tabs as each tab represents an exercise. Once you fill out all the tabs, please save in ONE file and submit assignment file through this link by end of week two

Write a Review

Accounting Basics Questions & Answers

  Calculate the amount of return you would earn

You have accumulated $12,000 and are looking for the best rate of return that can be earned over the next year. A bank savings account will pay 5%. A one-year bank certificate of deposit will pay 8%, but the minimum investment is $15,000.

  Problem 5-16 applying overhead in a service company lo2 lo3

problem 5-16 applying overhead in a service company lo2 lo3 lo4 leeds architectural consultants uses a job-order

  The maximum deduction the corporation

The maximum deduction the corporation

  Briefly explain why the constitutional framers based

Evaluate how separation of powers and checks and balances are working out in practice, today, justifying your assessment with persuasive reasoning and examples.

  What is the break-even point in sale dollars

Assume that sales are predicted to be $3800, What is the break-even point in sale dollars

  Adjusting entry for warranties

The Schrock Co. needs help preparing its adjusting entry for warranties. At the end of the year, 1,000 units remain under warranty. Schrock expects 2% will be returned and each return will cost it $30 to repair or replace. Prior to making th..

  Cash sales are normally 25 of total sales of the credit

kent company anticipates total sales for april may and june of 800000 900000 and 950000 respectively. cash sales are

  Calculate the impact on baker cash flow

Calculate the impact on Baker's cash flow over the next seven years if the company chooses the first alternative, replace the old equipment

  The bakery estimates that it will cost 12000 per year to

doughboy bakery would like to buy a new machine for putting icing and other toppings on pastries. these are now put on

  If management desired the smallest depreciation possible

assume that a company buys land with a building on it for 1500000. at the time of purchase the company planned to tear

  What amounts would be shown for cost of goods sold

Using the information above, in the comparative 2010 and 2011 income statements, what amounts would be shown for cost of goods sold

  Average unemployment rate by month found

A retail store has recently hired you as a consultant to advise on economic conditions. One important indicator that the retail store is concerned about is the unemployment rate. The retail store has found that an increase in the unemployment rate..

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