GG Cricket Co. has a five-day workweek (Monday through Friday). Employees earn $1000 per day. If the month ends on Wednesday, with wages paid on Friday, how much wage expense should be accrued on Wednesday?
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GG Cricket Co. has a five-day workweek (Monday through Friday). Employees earn $1000 per day. If the month ends on Wednesday, with wages paid on Friday, how much wage expense should be accrued on Wednesday?
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- Alison Co., pays its employees every Friday for work performed through that Friday. Alison employees work Monday through Friday. They do not work on weekends. The gross payroll for Alison is $18,900 each week. Alison will pay its employees $18,900 on Friday, April 3rd. This payroll is for wages earned Monday, March 30th through Friday, April 3rd. How much of the $18,900 paid on April 3rd should be expensed in April? Right AnswerAlison Co., pays its employees every Friday for work performed through that Friday. Alison employees work Monday through Friday. They do not work on weekends. The gross payroll for Alison is $18,900 each week. Alison will pay its employees $18,900 on Friday, April 3rd. This payroll is for wages earned Monday, March 30th through Friday, April 3rd. How much of the $18,900 paid on April 3rd should be expensed in April?Anderson Corp. pays its employees every Friday for work performed through that Friday. Anderson employees work Monday through Friday and do not work on weekends. The gross payroll for Anderson is $12,500 each week. Anderson will pay its employees $12,500 on Friday, May 8th. This payroll is for wages earned Monday, May 4th through Friday, May 8th. How much of the $12,500 paid on May 8th should be expensed in May?
- Jason Wood earns $800 per week for a five-day week, and he is entitled to 12 paid holidays and four weeks of paid vacation. Over how many weeks should the holiday pay and vacation pay be expensed? Principles of Cost Accounting, Chapter 3, 17eDoreen George, a stocker at Dender Factory Outlet, is paid on an hourly basis and earns $10 hours, During a one-week period, she worked 39 hours and 30 minutes. How much would her gross pay be under the quarter-hour system?Calculate the normal and overtime wages payable to a worker on the basis of the following particulars: Days Hours worked Monday .. Tuesday 8 Wednesday 10 Thursday 11 Friday 9 Saturday 5 Normal working hours are 8 per day and the normal rate of wages is $ 1.25 per hour. Overtime pay is at the undernoted rate. Upto 9 hours a day at single rate and above 9 hours in a day at double rate. Or upto 48 hours in a week at single rate and above 48 hours at double rate. Implement whichever is more beneficial to the worker. : : : : : :
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