pvn.4 Need to resolve a payroll Project employee is salary paid biweekly 36900 and only work 32 hrs on pay period how i calculate period wage?
Q: Calculate Payroll An employee earns $20 per hour and 1.5 times that rate for all hours in excess of…
A: GIVEN DATA An employee earns $20 per hour and 1.5 times that rate for a hours in excess of 40…
Q: rate. Hours worked Total Hours Reg. Rate Employee S M T Th F S Reg. O.T. Rectra, J. 7.5 8 10 9.25 7…
A: The regular wages of an employee is the direct labor cost and overtime wages are overhead cost.
Q: An employee has a net payroll amount of $5,064.50. What is the correct journal entry to record this…
A: Expense booking entry will be Wages expense Ac Dr 5064.5 to Net payroll payable 5064.5 being expense…
Q: During January, Luxury Cruise Lines incurs employee salaries of $2.9 million. Withholdings in…
A: Payroll accounting concerns with the payroll expenses of a firm. Payroll expenses does not only…
Q: Problem 12-3 Analyzing a Source Document Use this partially completed payroll check stub to answer…
A: A part of employees salary is withheld by employer to pay Social Security tax, medicare tax and…
Q: Stephanie Parker is a salaried, nonexempt administrator for Forise Industries and is paid biweekly.…
A: Payroll register refers to a record of payroll information for each and every employee maintained by…
Q: Continuing Payroll Problem, 4B: Chapter 4 This problem continues the process of preparing the…
A: Federal Income Tax Calculation of Federal Income taxes which comes under the wage bracket in which…
Q: how is "gross earnings" of $1021.01 derived?
A: Piece rate earnings means wages on the basis of pieces produced.
Q: The payroll records of Speedy Software show the following information about Marsha Gottschalk, an…
A: Solution:-Computation of Net pay as follows as follows:-Net pay current period=Gross pay (current…
Q: Q2 Payroll Invoice dated 01/15/2020 Net Pay Employee Tax Withholding 401k Employee Contribution…
A: The gross salary represents the total compensation to the employee. The net pay represents the net…
Q: How many weeks of insurable earnings are required to be reported in Block 15C for employers with a…
A: Block 15c is concerned with the insurable earnings by pay period. The authorities require that…
Q: Problem 10-57 (LO 10-2, 10-4) Lauprechta Incorporated has the following employees on payroll. Assume…
A: TaxThe amount of money paid by the government on the income or gains earned by a company or…
Q: Problem 5-3A (Algo) The following salaried employees of Mountain Stone Brewery in Fort Collins,…
A: All employees' wages must have federal income tax withheld from them by their employers, unless they…
Q: Next Question Find the overtime rate, the amount of earnings at regular pay, the amount at overtime…
A: Overtime Rate: A set rate of remuneration for time spent working more than the regular working…
Q: EX 10-16 Accrued vacation pay Obj. 3 A business provides its employees with varying amounts of…
A: Definition:
Q: 22222 b Employer identification number (EIN) 987654321 e Employer's name, address, and ZIP code…
A: Gross wages is the total wages, earned by an employee, before the tax deduction, benefits and other…
Q: An employee earns $22 per hour and 2 times that rate for all hours in excess of 40 hours per week.…
A: The complete compensation an employee receives from their employer before any deductions is referred…
Q: Compute Payroll Floatin Away Company has three employees—a consultant, a computer programmer, and…
A: Present question pertains to gross pay and net pay calculation of employees. Gross pay is total…
Q: In most jurisdictions, for hourly employees, overtime pay begins after working how many hours a…
A: The difference in defined benefit plan and defined contribution plan is Defined benefit plans are…
Q: taxes, and employee fringe benefits LO2, 3, 4 s payroll register for the week ended March 16, 2018:…
A: Payroll entries show detailed record relating to salaries or wages of employees along with its…
Q: An employer classified as an accelerated threshold 2 remitter has a weekly payroll paid on July 6th.…
A: Let's break down the steps to determine the due date for source deductions:Identify the Payroll…
Q: Problem 11.1A (Static) Computing and recording employer's payroll tax expense. LO 11-2, 11-6 The…
A: Tax amount is the amount that an individual or entity has to pay to the tax authorities.
Q: K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The…
A: Payroll taxes refer to those taxes paid by both employer and employee in order to fund the employee…
Q: Question 3 Dave works as a mechanic. His payroll details are provided below. 1. Basic Working Hours:…
A: Lets understand the basics. Gross wages means a wages before considering any deduction. It is a…
Q: I need some help with requirement 3.
A: In part 2, entry would have been Wages A/c $xx To Wages Payable…
Q: Compute Payroll Floatin Away Company has three employees-a consultant, a computer programmer, and an…
A: Gross pay of the employees means regular earnings made by the employee and all overtime earnings…
Q: The following information about the payroll for the week ended December 30 was obtained from the…
A: Payroll: The total payment that a company is required to pay to its employee for the services…
Q: Employee Lennon, A. Starr, P. McNeil, S. Harrison, W. Smythe, M. Filing Status S S MFJ MFJ MFJ No.…
A: Answer:- The amount or proportion of anything expressed in terms of 100 can be determined using the…
Q: Prepare journal entries for the following wages and accruals of Bages Limited. Employees earned…
A: Payroll expenses refer to the amount of expenses a firm has to incur for the salary and wages of the…
Q: PSb 3-10 Populate a Payroll Register Complete the FWT column (wage-bracket method) and SWT column of…
A: Under wage bracket method, federal withholdings are calculated on the basis of number of allowances,…
Q: The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid…
A: The percentage method has no wage or allowance limit. therefore firm can use it if the employee's…
Q: Problem 5-3A (Algo) The following salaried employees of Mountain Stone Brewery in Fort Collins,…
A: All employees' wages must have federal income tax withheld from them by their employers, unless they…
Q: mployer has calculated the following amounts for an employee during the last week of March 2021…
A: Gross Wage -When an employee is paid for services rendered to an employer, their gross wage is the…
Q: ayroll project chapter 7 regarding the 12/18 payroll on employee O'Neill. I need to figure out his…
A: Payroll-Payroll refers to the business's accounting record of the money that the employer gives its…
Q: Compute payroll K. Mello Company has three employees-a consultant, a computer programmer, and an…
A: Gross pay is employees' earnings before making any deductions like taxes, benefits and other payroll…
Q: 1 Instruction General Journal 2 An employee receives an hourly rate of $15, with time and a half for…
A: Employee payroll expenses refers to the costs associated with compensating employees for their work.…
Q: ayroll Register and Payroll Journal Entry 1. Prepare a payroll register for Mary’s Luxury Travel…
A: Payroll: Payroll refers to the total amount that is required to be paid by the company to its…
Q: Employee Filing Status No. of Withholding Allowances Gross Wage or Salary Percentage Method…
A: Solution A Wage is compensation paid to employees for work for a company during a period of time.
Q: Problem #3 Ernesto Enterprises uses the wage-bracket method to determine federal income tax…
A: In the question as not financial year is mentioned, we will compute as year 2021
pvn.4
Need to resolve a payroll Project employee is salary paid biweekly 36900 and only work 32 hrs on pay period how i calculate period wage?
Unlock instant AI solutions
Tap the button
to generate a solution
Click the button to generate
a solution
- Kk.270.Calculate Payroll Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Consultant Computer Programmer $28 per hour Administrator $42 per hour 1.5 times hourly rate 2 times hourly rate 2 Regular earnings rate Overtime earnings rate Number of withholding allowances Gross pay Net pay $3,210 per week Not applicable 3 For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees, who are single, can be determined by adding $356.90 to 28% of the difference between the employee's amount subject to withholding and $1,796.00. Assume further that the social security tax rate was 6%, the Medicare tax rate was 1.5%, and one withholding allowance is $70. Determine the gross pay and the net pay for each of the three employees for the current pay period. Assume the normal working hours in a…Employee No. Employee Name Filing Status No. Of Withholding Allowances Gross Wage Salary Amount to be Withheld 1 Fox, A. MFJ N/A $1575 weekly 2 Aiken, T. S N/A $1200 biweekly 3 Larey, P. MFJ N/A $1090 semimonthly 4 Wolf, M. MFJ N/A $8120 monthly
- 51 S. Wall receives a yearly salary of $78737. She is paid bi-weekly and her regular workweek is 37.5 hours. What is the gross pay for a pay period in which she works 28 hours overtime at time and one-half regular pay? Enter with 2 decimals, no commas and no $ signs.if someone can help i appreciate it!!Problem 5-3A (Algo) The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have union dues or garnishments deducted from their pay. You do not need to complete the number of hours. Required: Calculate their net pay using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to determine federal income tax. Assume box 2 is not checked for any employee. Include Colorado income tax of 4.40 percent of taxable pay. No employee has exceeded the maximum FICA limit. Note: Round your intermediate calculations and final answers to 2 decimal places. Employee S. Bergstrom C. Pare L. Van der Hooven S. Lightfoot Filing Status, Dependents MJ-0 MJ-2 (<17) S-1 (Other) MJ-0 $ Pay Union Dues per Period 1,750 3,600 $ 3,325 $ $ $ $ 2,950 Garnishment per Period 120 240 $ $ 50 75 100 Net Pay
- P Problem 5-3A (Algo) The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have union dues or garnishments deducted from their pay. Required: Calculate their net pay using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to determine federal income tax. Assume box 2 is not checked for any employee. Include Colorado income tax of 4.55 percent of taxable pay. No employee has exceeded the maximum FICA limit. (Round your intermediate calculations and final answers to 2 decimal places.) Employee S. Bergstrom C. Pare L. Van der Hooven S. Lightfoot F2 # 3 E JUL 7 80 F3 Filing Status, Dependents MJ-0 MJ-2 ( IM ZA O * 00 8 DII F8 1 ( 9 J K CV BN M F9 O < W F10 L P 4 F11 Pces The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have union dues or garnishments deducted from their pay. You do not need to complete the number of hours. Required: Calculate their net pay using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to determine federal income tax. Assume box 2 is not checked for any employee. Include Colorado income tax of 4.55 percent of taxable pay. No employee has exceeded the maximum FICA limit. Note: Round your intermediate calculations and final answers to 2 decimal places. Employee S. Bergstrom C. Pare L. Van der Hooven S. Lightfoot Filing Status, Dependents MJ-0 MJ-2 (<17) S-1 (Other) MJ-0 $ $ $ $ Pay Union Dues per Period 1,820 3,740 $ 3,465 $ 3,090 120 240 Garnishment per Period $ $ $ 50 75 100 Net Payif someone can check my work please! thank you! :)