Kevin had a gross weekly paycheck of $784 last week. Kevin worked 5 hours for 3 of the days and 7 hours on 2 days. What is Kevin's hourly rate of pay?
Q: What is the question answer? ? General Accounting
A: Step 1: Define Predetermined Overhead RateThe Predetermined Overhead Rate (POHR) is used to allocate…
Q: Accurate answer
A: Explanation of Sales: Sales represents the total revenue generated from the company's primary…
Q: Financial Accounting please provide answer
A: The interest accrued on September 30 is calculated as follows: Interest accrued = Face value of bond…
Q: The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $520,000;…
A: Given Data:Salaries:Sales salaries: $520,000Office salaries: $104,000Total salaries = $520,000 +…
Q: Solve this financial accounting problem
A: The Return on Equity (ROE) is calculated using the formula: ROE = Net Income / Total Equity First,…
Q: What are the dividend yield and equity cost of capital on these financial accounting question?
A: Dividend Yield= (Dividend per share / Current share price) * 100= ($1.05 / $21.94) * 100 = 4.79%…
Q: No AI answer
A: Question 1: Warranty expense for the current month = Estimated percentage x units sold x Average…
Q: Compute the total cost of the warehouse on these financial accounting question
A: Step 1: Identify the Direct CostsThese are the costs directly related to the construction of the…
Q: What was the original cost of fixed assets?
A: Explanation of Fixed Assets: Fixed assets are long-term tangible assets that a business owns and…
Q: Using the following information, compute gross profit. Cost of goods sold Interest expense $6,000…
A: Step 1: Recall the gross profit formula.Sales revenuexxxLess: Cost of goods sold(xxx)Gross profitxxx…
Q: 10 marks
A: Question 1Given Data:Total units sold = 400Defective units estimate = 5% of units soldAverage repair…
Q: General Accounting question
A: Step 1: Define Revenue and Variable ExpensesRevenue refers to the total income generated from ticket…
Q: Subject: financial accounting
A: Explanation of Return on Equity (ROE): This financial ratio measures how efficiently a company uses…
Q: If you give me correct answer this financial accounting question I will give you helpful rate
A: To determine the effective rate of interest, we use the formula for the present value of a…
Q: Direct Labor efficiency variance
A: Step 1:Labor rate variance occurs due to the difference in the standard and the actual wage rate,…
Q: What is the total asset turnover rate for these financial accounting question?
A: Step 1: Define Total Asset Turnover RateThe Total Asset Turnover Ratio is a financial metric that…
Q: Need help with this financial accounting
A: Step 1: Define Reconciled Cash BalanceA Reconciled Cash Balance represents the adjusted balance of…
Q: Financial Accounting
A: Step 1: Definition of Gross EarningsGross Earnings refers to the total amount an employee earns…
Q: What is the standard overhead rate per unit on these general accounting question?
A: To compute the Standard Overhead Rate per unit, we need to focus on both the variable and fixed…
Q: hi expert please help me
A: Step 1: Calculate the book value of equityBook value of equity = Total assets - Total debt= ($24…
Q: Machine hours rather than
A: Compute variable overhead cost per unit.Variable overhead cost per unit = Total variable overhead…
Q: Answer? ? Financial accounting question
A: Step 1: Define Days' Sales in ReceivablesDays' Sales in Receivables (DSR) measures how many days, on…
Q: Provide correct answer general accounting
A: Step 1: Define Debt Issue and Share RepurchaseAn all-equity firm sometimes repurchases stock from…
Q: Please give me true answer this financial accounting question
A: To calculate ABC Systems, Inc.'s required return, we use the Capital Asset Pricing Model (CAPM)…
Q: What is its return on equity?
A: The question requires the determination of the ROE. Return on equity (ROE) is a key indicator of a…
Q: The financial statements of Crane report net credit sales of $1.6 million. Accounts receivable are…
A: Concept of Net Credit SalesNet credit sales refer to the total revenue a company generates from…
Q: General Accounting
A: Step 1: Define Fixed Production OverheadFixed production overhead refers to indirect costs that…
Q: need help this questions general accounting
A: Step 1: Definition of Accrued ExpensesAccrued expenses are liabilities that a company has incurred…
Q: Logan Enterprises purchased a forklift for $45,000 on January 1, 2018. The forklift has an expected…
A: Explanation of Units-of-Activity Method: This depreciation method allocates an asset's cost based on…
Q: Sub: financial accounting
A: Explanation of Return on Equity (ROE): This is a key financial metric that measures how efficiently…
Q: Hello tutor solve this question accounting
A: The acid-test ratio is calculated using the formula: Acid-test ratio = Quick assets / Current…
Q: Help
A: Standard Cost for Plastic to Make 3,500 HelmetsWe know the following from the standard cost…
Q: Correct answer
A: I gave a perfect answer and correct answer with proper steps and explanation. Kindly check it…
Q: The Trainer Tire Company provided the following partial trial balance for the current year ended…
A: Total Expenses (Including $91,500 Consulting…
Q: SUB: FINANCIAL ACCOUNTING
A: Step 1: Calculation of net incomeSales = $1.62 million or $1,620,000Profit margin ratio = 4.8%Net…
Q: How much total overhead was applied during the year?
A: Explanation of Overhead Costs: Overhead costs are indirect expenses that cannot be directly traced…
Q: Financial Accounting
A: Calculate the Dividend Yield:Dividend Yield = (Annual Dividend / Current Stock Price) * 100Dividend…
Q: provide correct questions
A: To calculate the direct labor price (or rate) variance, we can use the formula:Direct Labor Price…
Q: Financial Accounting
A: Step 1:On the increase in sales, only variable costs will increase, and fixed costs will remain the…
Q: plz ans
A: Let's calculate the total assets of Hassan's Madhatter, Inc.Given:ROA (Return on Assets) = 6.2% =…
Q: Wanna answer
A: Step 1: Analysis of information givenTotal manufacturing costs = $298,000Factory overhead cost is…
Q: The Coyle Shirt Company manufactures shirts in two departments: Cutting and Sewing. The company…
A: Detailed explanation:1. Predetermined Overhead Allocation Rate Estimated Overhead Costs / Estimated…
Q: Which of the following is NOT considered a fixed asset? 1) Machinery 2) Land 3) Accounts Receivable…
A: Option 1: This option is incorrect because machinery is considered a fixed asset used in production…
Q: Amber Inc has 200,000 shares of $10-par common stock outstanding and 4,000 shares of $50-par 8%…
A: First, we need to calculate the dividends on the preferred stock. The dividend on preferred stock is…
Q: Solve this general accounting problem
A: To find the original cost of the machinery, we need to use the following information:The annual…
Q: 5 POINTS
A: Explanation of Standard Direct Labor Rate: The standard direct labor rate represents the total…
Q: What is the amount of Emmitt liabilities?
A: Step 1: Define Accounting EquationThe accounting equation serves as a foundation for the balance…
Q: How much cash received from customers during the year?
A: Explanation of Net Sales: Net sales represents the total amount of revenue generated from the…
Q: expert of general financial accounting answer
A: Step 1: Definition of Overhead Cost VarianceOverhead variance refers to the difference between the…
Q: How much fixed manufacturing overhead will be
A: Step 1: Absorption costing Under absorption costing, direct materials, direct labor, and…
What is Kevin's hourly rate of pay?
Step by step
Solved in 2 steps
- pay . Naveen Borah is a maintenance worker. He earns $12.80 per hour for 40 hours and time and a half for overtime. He worked 48 hours last week. What is his pay for the week?I need answer of this question accountingWhat is the gross annual household income if Person A works a minimum of 3 shifts for 4 hours a month, with a hourly wage of $15.00, and Person B annual salary is $20820.51?
- John worked 46 hours last week, with time-and-a-half for over 40 hour hours per week. Find his gross pay, if he earns $$8.95 per hour.John worked 46 hours last week, with time-and-a-half for over 40 hours per week. Find his gross pay, if he earns $9.23 per hour.Employee Rick Smith Employee Address 456 1st Ave Yuma, AZ 85364 Number of Hours Worked and Hourly Rate SSN 123-45-6789 Pay Type- Gross Pay Rick's Paycheck Deductions Federal Withholding State Withholding Fed Social Security/EE Fed Medicare/EE Medical 401K Totals Pay Period Check # 108 Current Check Amount(Net Pay) Year-to-Date $168.00 $76.00 $119.04 $27.84 $50.00 $80.00 $
- one week, Kevin earned $429.00 at his first job when he worked for 20 hours. If he is paid the same hourly wage, how much would he make the next if he worked 3 hoursCompute the gross earnings for this financial accounting questionPat Donnelly earns $8.00 per hour. last week she worked 38 hours. What is her gross pay?
- 22 )What is Lucy’s net pay? Show all your workSusan Cejka receives an hourly wage of $11.25 for a 40-hour week of 5 days, 8 hours daily. For Saturday work, she is paid 1.5 times the regular rate. For Sunday work, she is paid 2 times the regular rate. One week, she worked 50 hours—4 hours of which were on Saturday and 6 hours on Sunday. Her total earnings for the week are _____.