Homework Answers
Ans:
Laura Strand's Gross Earnings
Regular Pay (40 hour x $20) = $800
Overtime Pay = (5hour x $30) = $150
Total Betsy Strand's Gross Earnings = $800 + $150
...........................................................= $950
Laura Strand's Net Pay
Gross Earnings =....................................................................... $950
Less: FICA taxes payable ($950 x 7.65%)..................................$72.68
Less: Federal Income taxes payable ..........................................$94.00
Betsy Strand's Net Pay..............................................................$783.32
Laura's Gross Earnings - $950
Laura's Net Pay- $783.32
Add Answer to:
Laura Strand's regular hourly wage rate is $20, and she receives an hourly rate of $30...
Tami Strand's regular hourly wage rate is $10, and she receives an hourly rate of $20...
Tami Strand's regular hourly wage rate is $10, and she receives an hourly rate of $20 for work in excess of 40 hours. During a January pay period, Tami works 46 hours. Tami's federal income tax withholding is $92, and she has no voluntary deductions. Compute Tami Strand's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g. 15.25.) Tami Strand's gross earnings $ Tami Strand's...
Current Attempt in Progress Amy Strand's regular hourly wage rate is $10, and she receives an...
Current Attempt in Progress Amy Strand's regular hourly wage rate is $10, and she receives an hourly rate of $20 for work in excess of 40 hours. During a January pay period, Amy works 47 hours. Amy's federal income tax withholding is $94, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare a tabular summary for Amy's employer to record(a) Amy's pay for the period and (b) the payment of Amy's wages. Use January...
A) Beth Corbin’s regular hourly wage rate is $22, and she receives an hourly rate of...
A) Beth Corbin’s regular hourly wage rate is $22, and she
receives an hourly rate of $33 for work in excess of 40 hours.
During a January pay period, Beth works 45 hours. Beth’s federal
income tax withholding is $94, and she has no voluntary deductions.
Use January 15 for the end of the pay period and the payment
date.
Prepare the journal entries to record (a) Beth’s pay for the period
and (b) the payment of Beth’s wages.
(Assume...
Sharon Strand's regular hourly wage rate is $22. and she receives an hourly rate of $33...
Sharon Strand's regular hourly wage rate is $22. and she receives an hourly rate of $33 for work in excess of 40 hours. During a january pay period. Sharon works 46 hours. Sharon's federal income tax withholding is $92.00 and she has no voluntary deductions. Assume that the FICA tax rate is 7.65% Prepare the employer's journal entries to record(a) Sharon's pay for the period and (b) the payment of Sharon's wages. Use January 15 for the end of the...
Jennifer Strand's regular hourly wage rate is $30, and she receives an hourly rate of $45...
Jennifer Strand's regular hourly wage rate is $30, and she receives an hourly rate of $45 for work in excess of 40 hours. During a January pay period, Jennifer works 46 hours. Jennifer's federal income tax withholding is $90, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entry to record payroll taxes for the period. Ignore unemployment taxes. (Round answers to 2 decimal places, eg, 15.15. Credit account tid are...
CALCULATOR PRINTER VERSION BACK NE rief Exercise 10-5 Betsy Strand's regular hourly wage rate is $22,...
CALCULATOR PRINTER VERSION BACK NE rief Exercise 10-5 Betsy Strand's regular hourly wage rate is $22, and she receives an hourly rate of $33 for work in excess of 40 hours. During a January pay period, Betsy works 46 hours. Betsy's federal income tax withholding is $92, and she has no voluntary deductions. Compute Betsy Strand's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g....
Sandra Strand's regular hourly wage rate is $18, and she receives an hourly rate of $27...
Sandra Strand's regular hourly wage rate is $18, and she receives an hourly rate of $27 for work in excess of 40 hours. During a January pay period, Sandra works 46 hours. Sandra's federal income tax withholding is $91.00, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entries to record(a) Sandra's pay for the period and (b) the payment of Sandra's wages. Use January 15 for the end of the...
Helen Strand's regular hourly wage rate is $14, and she receives an hourly rate of $21...
Helen Strand's regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a January pay period Helen works 47 hours. Helen's federal income tax withholding is $86.00, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entries to record (al Heler's pay for the period and (b) the payment of Helen's wages. Use January 15 for the end of...
Brief Exercise 10-5 Betsy Strand’s regular hourly wage rate is $32, and she receives an hourly...
Brief Exercise 10-5 Betsy Strand’s regular hourly wage rate is $32, and she receives an hourly rate of $48 for work in excess of 40 hours. During a January pay period, Betsy works 46 hours. Betsy’s federal income tax withholding is $87, and she has no voluntary deductions. Compute Betsy Strand’s gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g. 15.25.)
Current Attempt in Progress Veronica Strand's regular hourly wage rate is $18, and she receives an...
Current Attempt in Progress Veronica Strand's regular hourly wage rate is $18, and she receives an hourly rate of $20 for work in excess of 40 hours. During a January pay period, Veronica works 47 hours. Veronica's federal income tax withholding is $87, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65 %. Prepare a tabular summary to record the employer's payroll taxes for the period. Ignore unemployment taxes. (Round answers to 2 decimal places,...
Tami Strand's regular hourly wage rate is $10, and she receives an hourly rate of $20 for work in excess of 40 hours. During a January pay period, Tami works 46 hours. Tami's federal income tax withholding is $92, and she has no voluntary deductions. Compute Tami Strand's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g. 15.25.) Tami Strand's gross earnings $ Tami Strand's...
Current Attempt in Progress Amy Strand's regular hourly wage rate is $10, and she receives an hourly rate of $20 for work in excess of 40 hours. During a January pay period, Amy works 47 hours. Amy's federal income tax withholding is $94, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare a tabular summary for Amy's employer to record(a) Amy's pay for the period and (b) the payment of Amy's wages. Use January...
A) Beth Corbin’s regular hourly wage rate is $22, and she
receives an hourly rate of $33 for work in excess of 40 hours.
During a January pay period, Beth works 45 hours. Beth’s federal
income tax withholding is $94, and she has no voluntary deductions.
Use January 15 for the end of the pay period and the payment
date.
Prepare the journal entries to record (a) Beth’s pay for the period
and (b) the payment of Beth’s wages.
(Assume...
Sharon Strand's regular hourly wage rate is $22. and she receives an hourly rate of $33 for work in excess of 40 hours. During a january pay period. Sharon works 46 hours. Sharon's federal income tax withholding is $92.00 and she has no voluntary deductions. Assume that the FICA tax rate is 7.65% Prepare the employer's journal entries to record(a) Sharon's pay for the period and (b) the payment of Sharon's wages. Use January 15 for the end of the...
Jennifer Strand's regular hourly wage rate is $30, and she receives an hourly rate of $45 for work in excess of 40 hours. During a January pay period, Jennifer works 46 hours. Jennifer's federal income tax withholding is $90, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entry to record payroll taxes for the period. Ignore unemployment taxes. (Round answers to 2 decimal places, eg, 15.15. Credit account tid are...
CALCULATOR PRINTER VERSION BACK NE rief Exercise 10-5 Betsy Strand's regular hourly wage rate is $22, and she receives an hourly rate of $33 for work in excess of 40 hours. During a January pay period, Betsy works 46 hours. Betsy's federal income tax withholding is $92, and she has no voluntary deductions. Compute Betsy Strand's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g....
Sandra Strand's regular hourly wage rate is $18, and she receives an hourly rate of $27 for work in excess of 40 hours. During a January pay period, Sandra works 46 hours. Sandra's federal income tax withholding is $91.00, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entries to record(a) Sandra's pay for the period and (b) the payment of Sandra's wages. Use January 15 for the end of the...
Helen Strand's regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a January pay period Helen works 47 hours. Helen's federal income tax withholding is $86.00, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entries to record (al Heler's pay for the period and (b) the payment of Helen's wages. Use January 15 for the end of...
Current Attempt in Progress Veronica Strand's regular hourly wage rate is $18, and she receives an hourly rate of $20 for work in excess of 40 hours. During a January pay period, Veronica works 47 hours. Veronica's federal income tax withholding is $87, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65 %. Prepare a tabular summary to record the employer's payroll taxes for the period. Ignore unemployment taxes. (Round answers to 2 decimal places,...
Most questions answered within 3 hours.
-
Gold, which has a density of 19.32 g/cm3, is the most
ductile metal and can be...
asked 55 seconds ago -
when Marcus sent his daughter to college he purchased
a house near campus for $95,000 empty...
asked 11 minutes ago -
(21) An external rearview car mirror is convex with a radius of
curvature of 16.0m. Determine...
asked 15 minutes ago -
A. 15.0 mL of nitrogen gas at 0.976 atm is compressed to a
pressure of 1.18...
asked 20 minutes ago -
(Preferred stockholder expected return) You own 200 shares of
Shapard Resources preferred stock, which currently sells...
asked 19 minutes ago -
A 4.45 percent coupon municipal bond has 12 years left to
maturity and has a price...
asked 38 minutes ago -
13. In the book, “The Goal” to what country does Alex convince
Johnny the company should...
asked 40 minutes ago -
Write a simple Python program to find the day for the given
date. The procedure to...
asked 45 minutes ago -
5) A semi-permeable membrane is used to separate pyruvic acid
from an aqueous solution of 0.1...
asked 48 minutes ago -
The resistance of the body varies from approximately 500 kΩ
(when it is very dry) to...
asked 52 minutes ago -
Please explain how participation income and expenses are
allocated to each partner. Where is this defined?
asked 1 hour ago -
The tires of a car make 61 revolutions as the car reduces its
speed uniformly from...
asked 1 hour ago