Think of a business you would want or most likely to up. Using the following format, list down the names of your employees (7 only) and compute for total pay. Name PayTotalperHoursHour WorkedEx.P50140KientOvertimePay perHourP75Total Gross IncomeOver-PayTaxtime(15%)Hours12DeductiblesNetPay

Compensation/ Wages: The compensation to employees is a reward for services rendered by the…

Answered: Name Pay Total per Hours Hour Worked…

Name Pay Total per Hours Hour Worked Ex. P50 140 Kient Overtime Pay per Hour P75 Total Over- time Hours 12 Gross Income Deductibles Net Pay Pay Tax (15%)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Think of a business you would want or most likely to up. Using the following format, list down the names of your employees (7 only) and compute for total pay.

Name Pay
Total
per
Hours
Hour Worked
Ex.
P50
140
Kient
Overtime
Pay per
Hour
P75
Total Gross Income
Over-
Pay
Tax
time
(15%)
Hours
12
Deductibles
Net
Pay

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