Module 5 Assignment - Part 1Crull and CO (EIN 35-3333333) has 2 employees during the 4th quarter. Everyone is paidweekly. Larry earns $20/hour and Marie is salaried and will earn $3,760 this pay period. Theywork 40 hours per week for 13 weeks in the quarter (assume Dec. has the 5th week).the 48th pay (first pay of Dec.).This is401KLarry100Medical Prem90Flexible Sp.80Marie32011090United Way donation Child Support1200750

Here is the detailed explanation with steps:1. Larry's gross pay calculation: - Larry earns…

Answered: Module 5 Assignment - Part 1 Crull and…

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter2: Computing Wages And Salaries

Section: Chapter Questions

Problem 22PB: Connie Gibbs collected a 2,000 bonus for her departments safety record for the year (52 weeks)....

See similar textbooks

Similar questions

K Pitt Accounting pays Peter Geller $97.290 per year Requirements 1. 2. What is the hourly cost to Pitt Accounting of employing Geller? Assume a 45-hour week and a 47-week year What direct labor cost would be assigned to Client 507 if Geller works 15 hours to prepare Client 507's financial statements? Requirement 1. What is the hourly cost to Pitt Accounting of employing Geller? Assume a 45-hour week and 47-week year Select the formula below that Pitt Accounting would use to calculate the hourly cost and complete the formula (Round the hourly cost to the nearest cent) Hourly cost Requirement 2. What direct labor cost would be assigned to Client 507 if Geller works 15 hours to prepare Client 507's financial statements? Select the fomula below that would be used to calculate the direct labor cost assigned to Client 507 and calculate that cost (Round the direct labor cost to the nearest cent). Direct labor cost
Computing Weekly Gross Pay Ryan Lawrence's regular hourly rate is $13. He receives 12 times the regular rate for any hours worked over 40 a week and double the rate for work on Sunday, During the past week, Lawrence worked 8 hours each day Monday through Thursday, 11 hours on Friday, and 5 hours on Sunday. Compute Lawrence's gross pay for the past week. Feedback V Check My Work Weekly gross Pay: 40 hours x regular rate Plus (hours worked Mon. through Sat. - 40) x (hourly rate x 1.5) Plus (hours worked on Sunday) x (hourly rate x 2)
Question 8 Your regular hourly rate of pay is $15.86, and you are paid double time for all work on weekends and for any time over forty hours per week (Monday to Friday). Calculate your gross earnings for a week in which you work 4.5 hours (Saturday), 0 hours (Sunday) and forty-three hours Monday through Friday. 00000 O a Ob e $854.30 $872.30 $827.30 $843.30 $898.30
4 A normal working week consists of 5 days of 8 hours per day. The normal rate of pay is RM 2.40 per hour. Overtime rate is calculated at time and a half. Average output per operative for a 40-hour week = 120 articles. %3D Required: a. Calculate the earnings of Employee A if he worked 46 hours in the third week of March. b. In order to increase output and eliminate overtime, the company decided to change to a system of payment by results. The information on the new system is as follows: • Time rate - RM2.40 per hour Basic time allowed for 15 articles is 5 hours Piece work rate – 20% higher than the current rate per unit Calculate the earnings of Employee B if he produces 160 articles in a week.
Wages Payable Denton Corporation employs 50 workers in its plant. Each employee is paid $10 per hour and works seven hours per day, Monday through Friday. Employees are paid every Friday. The last payday was Friday, September 19. Required Compute the dollar amount of the weekly payroll. Prepare the journal entry on Friday, September 26, for the payment of the weekly payroll. Denton prepares monthly financial statements. Prepare the adjusting journal entry on Tuesday, September 30, the last day of the month. Prepare the journal entry on Friday, October 3, for the payment of the weekly payroll. Will net income for the month of September be understated or overstated if Denton doesnt bother with an adjusting entry on September 30? Explain your answer.
Employees at Rayon Enterprises earn one day a month of vacation compensation (twelve days total each year). Vacation compensation is paid at an hourly rate of $45, based on an eight-hour work day. Rayons first pay period is January. It is now April 30, how much vacation liability has accumulated if the company has four employees and no vacation compensation has been paid? A. $1,440 B. $4,320 C. $5,760 D. $7,200
Desiccate purchases direct materials each month. Its payment history shows that 70% is paid in the month of purchase with the remaining balance pad the month after purchase. Prepare a cash payment schedule for March if in January through March, it purchased $35,000, $37,000, and $39,000, respectively.
1: Carpets 'r Us pays its employees 24 times each year. Its workweek is based on activity level and varies from week to week, but never exceeds a seven-day period. Туре of pay period? A. O Weekly В. BiWeekly C. Semimonthly D. O Monthly Indicate whether the specified workweek is FLSA compliant or noncompliant. A. Compliant B. O Noncompliant 2: Flagpole Enterprises distributes paychecks to employees every other week on Friday afternoon. These pay dates fall exactly seven days after the end of every pay period. The workweek begins Monday at 8:00 a.m. and ends Friday afternoon at 6:00 p.m. Туре of pay period? A. O Weekly В. BiWeekly С. Semimonthly D. O Monthly Indicate whether the specified workweek is FLSA compliant or noncompliant. A. Compliant В. Noncompliant
Computing Weekly Gross Pay Ryan Lawrence’s regular hourly rate is $14. He receives 1½ times the regular rate for any hours worked over 40 a week and double the rate for work on Sunday. During the past week, Lawrence worked 8 hours each day Monday through Thursday, 10 hours on Friday, and 5 hours on Sunday. Compute Lawrence’s gross pay for the past week. If required, round your answer to the nearest cent.
answer all help in detail with everything
k R ces Geoffrey Young, an outside sales representative for Marshall Communications, receives a 5 percent commission on all new marketing packages he sells in his sales territory. During the week of April 5, he sold $13,500 of new subscriptions and worked 40 hours. Required: 1. What is his gross pay? 2. Is he subject to minimum wage laws? 1. Gross pay 2. Is he subject to minimum wage laws? * 3 E D C AN 24 8.0 $ 4 R F V a PL 5 i stv T I G FS i B 8 M PII FB I ( 9 K DD F9 AR L 4 F10 command P L F11 { [ option 520) ? F12 1
Asap please

SEE MORE QUESTIONS

Recommended textbooks for you

PAYROLL ACCT., 2019 ED.(LL)-TEXT

Accounting

ISBN:

9781337619783

Author:

BIEG

Publisher:

CENGAGE L

Principles of Accounting Volume 1

Accounting

ISBN:

9781947172685

Author:

OpenStax

Publisher:

OpenStax College

College Accounting, Chapters 1-27

Accounting

ISBN:

9781337794756

Author:

HEINTZ, James A.

Publisher:

Cengage Learning,

PAYROLL ACCT., 2019 ED.(LL)-TEXT

Accounting

ISBN:

9781337619783

Author:

BIEG

Publisher:

CENGAGE L

Principles of Accounting Volume 1

Accounting

ISBN:

9781947172685

Author:

OpenStax

Publisher:

OpenStax College

College Accounting, Chapters 1-27

Accounting

ISBN:

9781337794756

Author:

HEINTZ, James A.

Publisher:

Cengage Learning,

Principles of Cost Accounting

Accounting

ISBN:

9781305087408

Author:

Edward J. Vanderbeck, Maria R. Mitchell

Publisher:

Cengage Learning

Financial Accounting: The Impact on Decision Make…

Accounting

ISBN:

9781305654174

Author:

Gary A. Porter, Curtis L. Norton

Publisher:

Cengage Learning

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

SEE MORE TEXTBOOKS