1:Anita Workman receives tips from customers as a standard component of her weekly pay. She was paid $2.50/hour by her employer and received $284 in tips during the most recent 46-hour workweek. Gross Pay = $
Q: Help
A: Detailed explanation:BrightCare, a premium healthcare provider, is facing declining affected person…
Q: Provide correct answer
A: Computation of total cost of units completed and transferred out as follows:Resultant values:
Q: On January 1, Year 7, Knox Company showed the following alphabetical list of shareholders’ equity…
A: First, we need to calculate the changes in common stock and additional paid-in capital on common…
Q: You borrow $80,000. You make monthly repayments over the next three years at a monthly interest rate…
A: Ans:
Q: XYZ Corp. has an operating profit margin of 7%, a debt burden of 0.8, and has financed two-thirds of…
A: Step 1: Write the DuPont Formula for ROEThe DuPont formula breaks ROE (Return on Equity) into…
Q: Metro Tee Ltd. uses a job order costing system for producing personalized T-shirts. In November, the…
A: For MetroTee Ltd. (Job TRX5):1. Calculate the total manufacturing costs: - Direct materials:…
Q: Don't use Ai.
A:
Q: NO ai use if use i will give down vote
A: Calculate weekly earnings as follows: - Calculation for weekly salary Time Card No.Employee…
Q: Required: Draw up the petty cash journal for the month with analysis columns for petty…
A: Here is the petty cash journal for the month of September 2023, with the necessary analysis columns…
Q: None
A: Step-by-Step Solution:1. **Determine Total Fair Value of Net Assets (Assets - Liabilities):**-…
Q: The net income before taxes will be what amount:
A: To calculate the **net income before taxes**, we need to follow a step-by-step process using the…
Q: kindly give all questions answer with details
A: Question: 1 Step 1: Flexible Budget CalculationThe flexible budget adjusts the planning budget based…
Q: data follow and responce
A: Step 2: Step 3: Step 4:
Q: ! Required information Use the following information for the Quick Study below. (Algo) (11-14) [The…
A: Step 1: Goods available for sale Purchases:December 7 = 10 units x $13 per unit = $130December 14 =…
Q: None
A: The effective cost of borrowing can be calculated by finding the annualized cost of factoring the…
Q: None
A: 1. First, let's identify their current taxable income: $241,900 (given taxable income) + $0…
Q: Provide solution
A: Step 1: Introduction to the Asset Turnover RatioTurnover ratios are efficiency ratios. The asset…
Q: Give me answer
A: 3. Case Study: BrightCareBrightCare is at a crossroads. The company has a strong presence in urban…
Q: Need answer please
A: Given information, Number of shares owned = 120Annual dividend per share = $5.50 Rate of return (r)…
Q: 25 Marks
A: Question: 1Explanation of Assets: Assets represent everything a company owns that has value,…
Q: Need answer the question
A: The problem involves the determination of the number of stocks required to gain majority control…
Q: Provide correct answer
A: Explanation of Common Equity: Represents the residual ownership interest in a company after all…
Q: If you give me wrong answer, I will give you UN helpful rate.
A: We need to find the amount the company must invest now to receive $6,000,000 at the end of 2.5…
Q: Cross Collectibles currently fills mail orders from all over the U.S. and receipts come in to…
A: 1) First, let's identify the key information: - Current average accounts receivable (A/R) = $2.5…
Q: Need answer
A: To determine how much the corporation must pay bondholders if a bond is called before its maturity…
Q: not use ai please
A: Nixit Ltd Statement of Comprehensive Income for the year ended 31 August 2023Revenue:Sale of…
Q: Solve this problem and give correct answer
A: To calculate the estimated net annual savings for Cross Collectibles from implementing the lockbox…
Q: PA4.) Wingra Corporation was organized in March. It is authorized to issue 500,000 shares of $100…
A: PA4.) Wingra Corporation Transactions Mar. 1: Issued 10,000 shares of preferred stock at $115 per…
Q: None
A: To determine the minimum tax that should be assessed on Shameika in order to maintain a progressive…
Q: The following income statement applies to Munoz Company for the current year: Income Statement Sales…
A: Step 1:Operating leverage measures a company's fixed costs compared to its total cost. As there are…
Q: Wong answer then u will get unhelpful rate
A: 1) Step 1: Computation of Weighted Average Cost of Capital(WACC): As per the given question:…
Q: Assume the following adjustment data. 1. Supplies on hand at October 31 total $300. 2. Expired…
A: Step 1: Here's how it should look:Oct. 31 | Supplies Expense | 300 | | Supplies | | 300Oct. 31 |…
Q: ??
A: Step 1:Process costing is used when a product process through various stages.To assign cost under…
Q: Solve this problem
A: Question Overview:We are given the following information to determine the **cash payments** made…
Q: Need help with this question
A: Step 1: Define Negative Balance of Cash FlowsThe net cash flow from an activity (in the cash flow…
Q: If you give me wrong answer, I will give you UN helpful rate.
A:
Q: What is the net income of the firm ?
A: Step 1: Calculate Earnings Before Interest and Taxes (EBIT):EBIT = Sales - Costs - DepreciationEBIT…
Q: What is carlos' days in inventory?
A: Step 1:Days in inventory formula ( Average inventory/ cost of goods sold)*365 Days in inventory…
Q: need help with this
A: Question 1Direct Materials Budget Quarter Q1Q2Q3Q4Total Units to be…
Q: Lough Company prepared the following purchases budget: June $40,000 July $43,000 August $39,000…
A: Step 1:Budgeting is a process of estimation of future income and expenses or cash requirements so…
Q: An implicit assumption of the International Accounting Standards Board's (IASB's) Conceptual…
A: The International Accounting Standards Board's (IASB's) Conceptual Framework is a set of principles…
Q: The income statement of Monty Company is shown below. Monty Company Income Statement For the Year…
A: Part 2: Explanation: Step 1: Calculate Cost of Goods Sold (COGS)- Determine Goods Available for…
Q: 00 04:28:06 Beale Management has a noncontributory, defined benefit pension plan. On December 31,…
A: Step 1:Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior…
Q: Need help
A: Calculating Discounted Payback PeriodUnderstanding Discounted Payback Period: The discounted payback…
Q: What is the budgeted manufacturing cost for unit ?
A: Step 1: List all the relevant costs (Variable Costs and Fixed Overhead).Step 2: Add the Variable…
Q: Questions 7 & 8. A company produces a product w/ a per-unit costs: DM $15; DL $6; MOH $19 Last year,…
A: Step 1: Introduction to cost accountingThe field of accounting known as cost accounting is utilized…
Q: Hi expart Provide solution
A: Step 1: Define Journal EntriesIn accounting, journal entries serve as accounting records to keep…
Q: Not use ai please don't
A: Step 1: Introduction to the Accrued InterestInterest accrual is the process of accumulating interest…
Q: need all questions solutions ]]
A: The solution above breaks down the problem into distinct parts to compute the necessary financial…
Q: None
A: Step 1: Introduction to the Operating Income IncreaseWhen a company applies the contribution format…
Step by step
Solved in 2 steps
- Anita Workman receives tips from customers as a standard component of her weekly pay. She is paid $2.60/hour by her employer and receives $291 in tips during the most recent 44-hour workweek.Gross Pay = $ Cole Earnhardt receives tips from customers as a standard component of his weekly pay. He is paid 2.18/hour by his employer and receives $430 in tips during the most recent 43-hour workweek.Gross Pay = $Melek Okapi earned $100 for a 40-hour workweek. During that week, Melek also receives tips of $110.00. Complete the statements below. 1. What hourly rate is being paid to Melek? 2. What tip hourly rate is being paid to Melek? 3. How much must the employer pay Melek in addition to her weekly wage?Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates.NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. Anita Workman receives tips from customers as a standard component of her weekly pay. She is paid $2.60/hour by her employer and receives $291 in tips during the most recent 44-hour workweek.Gross Pay = $
- Audrey Martin and Beth James are partners in the Country Gift Shop, which employs the individuals listed below. Paychecks are distributed every Friday to all employees. Based on the information given, compute the amounts listed below for a weekly payroll period. Name and Position Zena Vertin, Office Nicole Norge, Sales Bob Mert, Delivery Audrey Martin, Partner Beth James, Partner Employer's QASDI Tax Employer's Hi Tax S Salary $ 700 per week 2,980 per month 650 per week 950 per week 950 per week Totals 5 OASDI Taxable Earnings OASDI Tax HI Taxable Earnings HI TaxThe accounting clerk at Tenity Enterprises is paid $10.40 per hour. During a week’s pay period, the employee worked 38 hours and 40 minutes. Based on a hundredth-hour pay method, what is the gross pay for the period? A. $402.54B. $401.81C. $402.13D. $401.75Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates.NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation Amy Blackwood receives tips from customers as a standard component of her weekly pay. She is paid $2.38/hour by her employer and receives $155 in tips during the most recent 45-hour workweek. Calculate Gross Pay = $__________ Employees who receive tips are covered by the FLSA and therefore must be paid the applicable hourly minimum wage. A tipped employee is someone who typi-cally receives more than $30/month in tips. Employers can take advantage of a maximum tip credit of $5.12, which results in employees receiving an hourly wage of $2.13 ($7.25 minimum wage minus $5.12 tip credit). Employers who elect to take advantage of this tip credit must inform employees of their intention to do so…
- Floatin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Consultant Administrator Computer Programmer. $30 per hour 1.5 times hourly rate Regular earnings rate Overtime earnings rate Number of withholding allowances 3 *For hourly employees, overtime is paid for hours worked in excess of 40 hours per week. For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees, who i are single, can be determined by adding $276.54 to 24% of the difference between the employee's amount subject to withholding and $1,692.00. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and one withholding allowance is $81. Gross pay Net pay $2,510 per week Not applicable Determine the gross pay and the net pay for each of the three employees for the current pay…required: please answer this question by calculating the gross pay and net pay .Directions: Answer the following problems. Use appropriate formula to arrive at the right answer. 1. Algem earns the regular daily rate of P340.00 giving her an hourly rate of P42.50. she was requested by her boss to work on May 1, Labor Day. She worked for 8 hours. Her total pay for the day would be: a.
- Question 1; What date is the next payday for an employee paid bi-weekly whose last pay was August 22. Question 2; Jess makes 10.75 per hour and usually works 40 hours per week. Explain how to calculate her gross pay without using a calculator. B) determine how much she earns per week?Floatin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Regular earnings rate Overtime earnings rate* Consultant $3,310 per week Not applicable Gross pay Net pay Computer Programmer $30 per hour 1.5 times hourly rate 2 Number of withholding allowances 3 *For hourly employees, overtime is paid for hours worked in excess of 40 hours per week. For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees, who are single, can be determined by adding $276.54 to 24% of the difference between the employee's amount subject to withholding and $1,692.00. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and one withholding allowance is $81. Administrator $42 per hour 2 times hourly rate 1 Determine the gross pay and the net pay for each of the…Listen A direct laborer in a factory earns $1,000 each week. In addition, she will receive a $2,500 bonus at year-end, a two-week paid vacation, and seven paid holidays. Prepare the entry to distribute her wages and the costs and liabilities related to bonus, vacation, and holiday pay. (Round all amounts to two decimal places.)
