An employee whose regular hourly rate is $20 and whose overtime rate is 1.5 times the...
An employee whose regular hourly rate is $20 and whose overtime rate is 1.5 times the regular rate worked 44 hours in one week. In the payroll register, the employer should record an overtime premium of
Homework Answers
| Answer | ||
| Regular rate | Overtime rate | Overtime rate in $ (20 x 1.5) |
| $ 20 | 1.5 times of Regular rate | $ 30 |
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An employee whose regular hourly rate is $20 and whose overtime
rate is 1.5 times the...
An employee whose regular hourly rate is $10 and whose overtime rate is 1.5 times the...
An employee whose regular hourly rate is $10 and whose overtime rate is 1.5 times the regular rate worked 44 hours in one week. In the payroll register, the employer should record wages expense of
An employee has a regular hourly rate equal to $10 and worked 45 hours within a...
An employee has a regular hourly rate equal to $10 and worked 45 hours within a period of 7 consecutive days. How much overtime pay will the employee earn? What is the TOTAL amount the employer should pay this employee for the 45 work hours?
Design a program(Creating a RAPTOR flowchart) that will read a file of employee records containing employee...
Design a program(Creating a RAPTOR flowchart) that will read a file of employee records containing employee number, employee name, hourly pay rate, regular hours worked and overtime hours worked. The company pays its employees weekly, according to the following rules: regular pay = regular hours worked × hourly rate of pay overtime pay = overtime hours worked × hourly rate of pay × 1.5 total pay = regular pay + overtime pay Your program is to read the input data...
Problem Four Luke Rucker is married with two withholdings and an hourly employee at ABC Widgets....
Problem Four Luke Rucker is married with two withholdings and an hourly employee at ABC Widgets. The company pays its employees on a biweekly basis. Luke earns $20 per hour. For the July 31, 20XX pay, Luke worked 92 hours. Required: Assuming a 40-hour week, complete Luke’s payroll register below. Round all answers to two decimal places. Complete the payroll register with the period’s information assuming 40-hour week. Employee Name Company ...
alculate Payroll Consultant Administrator $48 per hour 2 times hourly rate 1 Breakin Away Company has...
alculate Payroll Consultant Administrator $48 per hour 2 times hourly rate 1 Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Computer Programmer Regular earnings rate $2,210 per week $30 per hour Overtime earnings rate Not applicable 1.5 times hourly rate Number of withholding allowances 3 2 For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income...
Question 2: Lynette Camacho earns $850/week. During a recent week she worked 45 hours. Assuming that...
Question 2: Lynette Camacho earns $850/week. During a recent week she worked 45 hours. Assuming that Lynette's employer compensates her for overt hours at 1.5 times her regular pay rate, her gross earnings for the week are $ Question 14: Based on the Personal Allowances Worksheet, how many federal allowances would be claimed by a single employee with one job and no dependents, who files as single on his tax return, and who claims no credits on his tax returns?...
An employee receives an hourly rate of $14, with time and a half for all hours...
An employee receives an hourly rate of $14, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 44; federal income tax withheld, $307; cumulative earnings for year prior to current week, $95,748; social security tax rate, 6.0% on maximum of $105,569; and Medicare tax rate, 1.5% on all earnings. What is the gross pay for the employee? Select the correct answer. a.$644...
Accounting for overtime pay. An employee of the Assembly Department is paid $20 per hour for...
Accounting for overtime pay. An employee of the Assembly Department is paid $20 per hour for a regular week of 40 hours. During the week ended July 15, the employee worked 50 hours and earned time and a half for the overtime hours. Instructions: 1. Prepare the entry to distribute the labor cost if the job worked on during overtime was a rush order, the contract price of which included the overtime premium. Account Debit Credit 2. Prepare the entry...
can someone help me with these question please. Question 2: Lynette Camacho earns $850/week. During a...
can someone help me with these question please.
Question 2: Lynette Camacho earns $850/week. During a recent week she worked 45 hours. Assuming that Lynette's employer compensates her for overtime hours at 1.5 times her regular pay rate, her gross earnings for the week are $ Question 7: An employee who earns $14/hour, worked 33 hours during a recent week, is paid a commission of $55 for each sale, and makes 10 sales during the same week, has earned total...
Example 6-1 Chris Collins (the first employee in Figure 6.1) earns $15.20 per hour and worked...
Example 6-1 Chris Collins (the first employee in Figure 6.1) earns $15.20 per hour and worked 44 hours. His pay would be (using the overtime premium approach): Regular pay $15.20 × 44 hours = $668.80 Overtime premium pay $ 7.60 × 4 hours = 30.40 Total pay $699.20 Kelsey Gunn is the only employee of Arsenault Company. His pay rate is $23.00 per hour with an overtime rate of 1½ times for hours over 40 in a workweek. For the...
alculate Payroll Consultant Administrator $48 per hour 2 times hourly rate 1 Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Computer Programmer Regular earnings rate $2,210 per week $30 per hour Overtime earnings rate Not applicable 1.5 times hourly rate Number of withholding allowances 3 2 For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income...
Question 2: Lynette Camacho earns $850/week. During a recent week she worked 45 hours. Assuming that Lynette's employer compensates her for overt hours at 1.5 times her regular pay rate, her gross earnings for the week are $ Question 14: Based on the Personal Allowances Worksheet, how many federal allowances would be claimed by a single employee with one job and no dependents, who files as single on his tax return, and who claims no credits on his tax returns?...
can someone help me with these question please.
Question 2: Lynette Camacho earns $850/week. During a recent week she worked 45 hours. Assuming that Lynette's employer compensates her for overtime hours at 1.5 times her regular pay rate, her gross earnings for the week are $ Question 7: An employee who earns $14/hour, worked 33 hours during a recent week, is paid a commission of $55 for each sale, and makes 10 sales during the same week, has earned total...
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