Employee who works fluctuating work schedules

Assignment Help Accounting Basics
Reference no: EM131121506

Colleen Prescott is a salaried employee who works fluctuating work schedules. She is paid a fixed salary of $920 each week, with an agreement with her employer that overtime (over 40 hours) will be paid at an extra half-rate, based on the actual hours worked. This week she worked 42 hours. Compute:

a. The overtime earnings. . . . . . . . . . $

b. The total earnings . . . . . . . . . . . . . $

c. If this was a BELO plan with a pay rate of $21 per hour and a maximum of 45 hours, how much would Prescott be paid for 42 hours?. . . . . . . . . . . . . . . . . . . . . . $

Reference no: EM131121506

Questions Cloud

Supermarket buys lettuce each day to ensure fresh produce : The local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week the supermarket can buy..
Residual distribution policy with all distributions : if a firm adheres strictly to their residual distribution policy with all distributions in the form of dividends, what would the sale of new common stock by the company suggest? You said no the answer is no dividends were paid. Can you please exp..
Find who is most exposed if greece defaults and speculate : Provide your opinion on how the Greece-Euro became such a big problem. Determine who is most exposed if Greece defaults and speculate on what a Greek default would mean for you. Recommend two (2) potential policy solutions to the Greek debt proble..
Question regarding the leader and manager : LEADERS AND MANAGERS: The terms Leader and Manager are often used interchangeably. Here's a link to a YouTube video
Employee who works fluctuating work schedules : Colleen Prescott is a salaried employee who works fluctuating work schedules. She is paid a fixed salary of $920 each week, with an agreement with her employer that overtime (over 40 hours) will be paid at an extra half-rate, based on the actual h..
Calculate the equal annual installments : 1. Thomas Petry owes a debt of $7,000 from the purchase of a boat. The debt bears interest of 12% payable annually. Petry will pay the debt and interest in five annual installments beginning in one year. Calculate the equal annual installments th..
Question regarding the safety goals : Once on the website, locate the National Patient Safety Goals. Choose three goals that are related to health information. Then create a word document that describes the JCAHO requirements and explain how the goal can be achieve. Use APA formatti..
What rate of return did the company make on this product : What rate of return did the company make on this product?
Several identical machines operating simultaneously : You want to build a factory. Your factory is composed of several identical machines operating simultaneously. Each machine breaks down exactly once every month in day at random. Unfortunately, as long as one machine breaks down, you Deed to shut down..

Reviews

Write a Review

Accounting Basics Questions & Answers

  In an effort to isolate the problem the president has asked

bovine company a wholesale distributor of dvds has been experiencing losses for some time as shown by its most recent

  American company is preparing a cash budget for july the

american company is preparing a cash budget for july. the company has 11000 cash at the beginning of july and

  Discuss with your group the advantages and disadvantages of

a company giving scenic rides over the city in a helicopter has decided to close their business. the helicopter is for

  Explain the historical cost concept as it applies to

explain the historical cost concept as it applies to long-term assets. why is the book value of an asset likely to be

  Rockwell company owns a single restaurant which has a

rockwell company owns a single restaurant which has a cantina primarily used to seat patrons while they wait on their

  Product using the physical units method

Allocate joint production costs to each product using the physical units method.

  As of january 31 rhc has not yet recorded the 100 of

runheavy corporation rhc is a corporation that manages a local rock band. rhc was formed with an investment of 10000

  As useful as financial statements are they have their

as useful as financial statements are they have their limitations. of course we should be aware of such limitations

  Governmental or not-for-profit entity from a business entity

Which of the following characteristics distinguishes a governmental or not-for-profit entity from a business entity?

  Approximate net present value of investment

The equipment will provide cost savings of $7,300 and will be depreciated straight-line over its useful life with no salvage value. Cleaners requires a 10% rate of return. What is the approximate net present value of this investment?

  Cmputers r us is open seven days a week and has a daily

computers r us is open seven days a week and has a daily payroll of 1750. employees are paid every friday december 31

  Revenue reported from transaction

Lawton Company collected $8,400 in May of 2006 for 4 months of service which would take place from October of 2006 through January of 2007. The revenue reported from this transaction during 2006 would be:

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