4. Peter Senen Corp has the following data for the fourth week of MarchHours WorkedEmplovee Name Hourly Rate Sun Mon TueWedThursFriSatTotalKris90068888854Bryan95087107849Rose7508981053Tess9008108856Jose1,0009871056The rate for hours in excess of 40 is one and half times the regular rate. The rate for hours worked orSunday is twice the regular rate.Required: compute the gross earnings of each employee.

Wages means the amount paid to worker for producing the goods. Time wages rate means where wages are…

Answered: 4. Peter Senen Corp has the following…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 9PB: Amusement tickets estimated sales are: What are the balances in accounts receivable for April, May,...

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Assuming an average work week to be 40 hours, complete the following table to determine the final gross pay (assume overtime is paid at the rate of time and a half): Total Regular Regular Hours Overtime Regular Рay Overtime Hours OT Rate Gross Pay Rate Hours рay 46 $13.40 $20.10 40 $536.00 $120.60 $656.60 Sample worked 13.40x 1.5%= $reg pay x 1.5 13.40 x 40 $656.60 40 6. $536.00 616.40 20.1x6 $120.60 out $20.10 (if no OT pd) 54 $21.00 47.25 $14.25 Other Pay Considerations
Peter Senen Corp has the following data for the fourth week of March Hours Worked Employee Name Hourly Rate Sunday Monday Tuesday Wednesday Thursday Friday Saturday Total Kris $900 6 8 8 8 8 8 8 54 Bryan $950 - 8 7 10 9 7 8 49 Rose $750 1 8 9 8 10 9 8 53 Tess $900 5 8 10 8 8 9 8 56 Jose $1,000 9 8 8 6 7 10 8 56 The rate for hours in excess of 40 is one and half times the regular rate. The rate for hours worked on Sunday is twice the regular rate. a. What is the gross earnings for the week?
Peter Senen Corp has the following data for the fourth week of March: Hours Worked Employee Name Hourly Rate Sunday Monday Tuesday Wednesday Thursday Friday Saturday Total Kris $900 6 8 8 8 8 8 8 54 Bryan $950 0 8 7 10 9 7 8 49 Rose $750 1 8 9 8 10 9 8 53 Tess $900 5 8 10 8 8 9 8 56 Jose $1,000 9 8 8 6 7 10 8 56 The rate for hours in excess of 40 is one and half times the regular rate. The rate for hours worked on Sunday is twice the regular rate. Required: Compute the gross earnings of each employee.
Novex company keeps track on time related to orders and their production. During the mostrecent quarter, the company recorded the following average times for each unit or order. 22 | P a g ea) Wait time: 18 hoursb) Inspection time: 0.5 daysc) In Process time: 2 daysd) Move time: 0.6 dayse) Queue time: 5 daysOnce production is finished, goods are shipped. Calculate the manufacturing cycle time.
Novex Company keeps careful track of the time to complete customer orders. During the most recent quarter, the following average times were recorded for each unit or order: Days Wait time . . . . . . . . . . . . 17.0 Inspection time . . . . . . . . 0.4 Process time . . . . . . . . . .2.0 Move time . . . . . . . . . . . .0.6 Queue time . . . . . . . . . . .5.0 Goods are shipped as soon as production is completed. Required: Compute the throughput time. Compute the manufacturing cycle efficiency (MCE). What percentage of the production time is spent in non-value-added activities? Compute the delivery cycle time.
Berger Mortgage Co. provides the following data on its loan application processing activities for the month of February: Move time 18 hours Wait time 63 hours Process time 230 hours Storage time 15 hours Inspection time 22 hours Compute the cycle efficiency for February: IN THE COMPUTATION FOR THROUGHPUT TIME, WHY ISN'T WAIT TIME INCLUDED IN IT?
Peter Senen Corp has the following data for the fourth week of March Hours Worked Employee Name Hourly Rate Sun Mon Tue Wed Thurs Fri Sat Total Kris 900 8. 8 8. 8. 8 8. 54 Bryan 950 8 7 10 9 7 8 49 Rose 750 1 8. 9 8 10 9 8. 53 Tess 900 8. 10 8. 8 9. 8 56 Jose 1,000 9. 8. 8 6. 7 10 8. 56 The rate for hours in excess of 40 is one and half times the regular rate. The rate for hours worked on Sunday is twice the regular rate. What is the gross earnings for the week?
Calculate the total earnings under Rowan Plan from the following information Time taken =6 hours, time Rate =OMR 10 per hour, Time Allowed =8 hours
Berger Mortgage Co. provides the following data on its loan application processing activities for the month of February: Move time Wait time 18 hours 63 hours 230 hours Process time Storage time Inspection time 15 hours 22 hours Compute the cycle efficiency for February:
Standard time ( 12 ) hour Actual time ( 12 ) hour Rate per hour ( 7500 )D Assuming ( 20 )worker R. : Calculate the total wages
Berger Mortgage Co. provides the following data on its loan application processing activities for the month of February: Move time 18 hours Wait time 63 hours Process time 230 hours Storage time 15 hours Inspection time 22 hours Compute the cycle efficiency for February: ________
Compute the hourly and overtime rates for a standard 40-hour workweek for the following amounts:

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