Determine the gross payroll for rossetter

Assignment Help Financial Accounting
Reference no: EM13492244

Rossetter, Inc., has 10 employees. Jan and Fred are each paid a salary of $4,000 per month. Joe, Betty, Frankie, and Donita are paid $10 per hour. Abby, Norman, Bill, and Erika are paid on a commission basis at a rate of 2 percent of their individual sales. During January, the following occurred:

Hours Worked

Sales Made

Joe

160

Abby

$150,000

Betty

180

Norman

$170,000

Frankie

145

Bill

$180,000

Donita

150

Erika

$185,000

Determine the gross payroll for Rossetter, Inc., for January.

 

Reference no: EM13492244

Questions Cloud

What is the total target cost for this products life : Praeuner Company has surveyed the market and set a target selling price of $2,000 per unit for its product. Praeuner believes it can sell 100,000 units of this product over its two-year life.
What is the total number of revolutions the particle makes : A 0.347 kg particle slides around a horizontal track. The track has a smooth, vertical outer wall forming a circle with a radius of 1.59 m. What is the total number of revolutions the particle makes before stopping
What is the expected net income for each alternative : Grauberger Company has provided the following budgeting information for you to determine its expected bonus payments and cash outflows. Grauberger's bonus rate is 15 percent and its tax rate is 30 percent.
Compute the tangential acceleration of the car : a car is driving at 23m/s along a road. It is at the bottom of the hill. kinetic friction equals 1.00 and the radius of the hill is 200 meters. what is the tangential acceleration of the car at the top of the hill with radius of 200 meters
Determine the gross payroll for rossetter : Rossetter, Inc., has 10 employees. Jan and Fred are each paid a salary of $4,000 per month. Joe, Betty, Frankie, and Donita are paid $10 per hour. Abby, Norman, Bill, and Erika are paid on a commission basis at a rate of 2 percent of their indi..
Determine the selling price of this product : Bunkowske Company uses cost-plus pricing whereby the selling price of each of its products are 150 percent of the life-cycle costs. Determine the selling price of this product.
Which alternative is best for crawford company : Crawford sells three types of games to national toy companies. These games are known internally as Gamma, Omega, and Lambda. Recently the Gamma and Lambda lines have not shown acceptable profits.
Determine the orbital period of the faster planet : Two newly discovered planets follow circular orbits around a star in a distant part of the galaxy. What is the orbital period of the faster planet, in years
Should the 5-alarm chili line be discontinued : Quinton Corporation produces and sells two types of chili: 1-Alarm and 5-Alarm. Operating performance for the most recent quarter is.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Evaluate the amount of write-down reversal using us gaap

Evaluate the amount of write-down reversal (if any) required using US GAAP. Calculate the write-down on both an individual and a total inventory basis.

  Evaluate the activity-cost-driver rate for packaging costs

Evaluate the activity-cost-driver rate for packaging costs and Using the ABC system, for the sugar cookie, compute the estimated overhead costs per thousand cookies.

  What amount will be reported in estimated warranty liability

What amount will be reported in the Estimated Warranty Liability account on the December 31, 2011 balance sheet?

  Illustrate what risks do auditors face with these different

What are the auditor’s responsibilities for inventory maintained in public warehouses or with other outside custodians? Illustrate what risks do auditors face with these different locations where inventory is stored?

  Question kravitz company is planning to get a 250000

question kravitz company is planning to get a 250000 machine to enhance manufacturing efficiencies thereby reducing

  Stiglers lsquoprivate interest theory proposes that

stiglers lsquoprivate interest theory proposes that regulatory bodies including accounting standard setters are made up

  Determine what is your selling price

Imagine you are President of a company (the company is your choice). Tell us about the product you are selling and which of the four pricing strategies you would use to determine your selling price?

  Evaluate the directional impact accounting

Evaluate the directional impact accounting difference described above would have on the subsequent ratios calculated under IFS and US GAAP.

  Prepare an income statement for the year

Prepare an income statement for the year ended 31 st December, 20X8, by using direct costing. Prepare an income statement for the year ended 31 st December, 20X8, by using absorption costing.

  What amount was transferred to finished goods

Actual production required an overhead cost of $420,000, $825,000 in materials used, and $330,000 in labor. All of the goods were completed. What amount was transferred to Finished Goods?

  Prepare adjusting entries with the additional information

How to prepare adjusting entries with the additional information -Prepare adjusting entries.- Prepare adjusted trial balance.- Prepare Income Statement, Retained Earnings Statement, Balance Sheet, and Statement of Cash Flows

  Who will end up paying - the companies or the buyers

suppose the state decides to increase the sales tax on all goods and services to generate the needed funds. Who will end up paying - the companies or the buyers? Explain

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