Nigel McCloskey is a waiter at Albicious Foods in South Carolina. He is single with one dependent. He receives the standard tipped hourly wage. During the week ending October 22, 20XX, he worked 44 hours and received $214 in tips. Calculate his gross pay, assuming his tips are included in the overtime rate determination. Use Table 3-2. Required: 1. Complete the payroll register for Nigel McCloskey. 2a. Does Albicious Foods need to contribute to Nigel's wages to meet Fair Labor Standards Act (FLSA) requirements? 2b. If so, how much should be contributed? O Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2a Req 2b Complete the payroll register for Nigel McCloskey. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Company Albicious Foods |Period Ended: 10/22/20XX No. of Overtime Hours No. of Regular Filing Status Regular Hourly Rate Overtime Rate Overtime Name Regular Earnings Tips Gross Earnings Hours Eamings Nigel McCloskey S-1 -1 2.13 O 9.81 8 40.00 O 4.00 Os 85.20 Os 214.00 O 39.24 8 s 338.44 X < Reg 1 Req 2a >

Nigel McCloskey is a waiter at Albicious Foods in South Carolina. He is single with one dependent. He receives the standard tipped hourly wage. During the week ending October 22, 20XX, he worked 44 hours and received $214 in tips. Calculate his gross pay, assuming his tips are included in the overtime rate determination. Use Table 3-2. Required: 1. Complete the payroll register for Nigel McCloskey. 2a. Does Albicious Foods need to contribute to Nigel's wages to meet Fair Labor Standards Act (FLSA) requirements? 2b. If so, how much should be contributed? O Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2a Req 2b Complete the payroll register for Nigel McCloskey. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Company Albicious Foods |Period Ended: 10/22/20XX No. of Overtime Hours No. of Regular Filing Status Regular Hourly Rate Overtime Rate Overtime Name Regular Earnings Tips Gross Earnings Hours Eamings Nigel McCloskey S-1 -1 2.13 O 9.81 8 40.00 O 4.00 Os 85.20 Os 214.00 O 39.24 8 s 338.44 X < Reg 1 Req 2a >

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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