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

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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