River Signorini works for New & Old Apparel, which pays employees on a semimonthly basis. River's annual salary is $195,400. Required: Calculate the following: Note: Round your final answers to 2 decimal places.
Q: Gall Schneewels is a nurse at Central City Hospital. She is paid $32.87 per hour and has a 40-hour…
A: Gross pay of the employee includes the normal pay and overtime pay. Overtime pay is the extra…
Q: Pheonix earns $19.45 per hour and this week works 42 hours. She is paid weekly. Her company follows…
A: Total earnings of Pheonix in this week=42 hours*$19.45 per hour=$816.90 Employer's employment…
Q: Required information [The following information applies to the questions displayed below.] Greer…
A: Payroll tax: A payroll tax is a tax withheld from an employee's salary by an employer who remits it…
Q: he wages and hours information for five employees of Somja Enterprises for the week ended April 7 is…
A: The total earnings of an employee comprises of regular and overtime earnings the calculation of…
Q: Mathew is a salaried nonexempt employee who earns $47,500 per year. During a semimonthly pay period,…
A: Gross pay is the total amount of money an employee earns before taxes and deductions are taken out.…
Q: Direction: Solve the following problems and show your complete solution. 1. Aina, who works in an…
A: Hi student Since there are multiple questions, we will answer only first question. Gross pay of the…
Q: Electronics Service Co. pays salaries monthly on the last day of the month. The following…
A: Calculation of Social security tax: Given @ 6% up to wage limit of $130,000 Since Duke reached the…
Q: Christine Erickson is the payroll accountant for Multi Winds Energy of Lincoln, Nebraska. The…
A: Here we discuss the details of the payment of net pay which is incurred to the employees after…
Q: A company has four employees .The following Payroll information has been provided for the month of…
A: The income tax is the amount of tax payable on the taxable income by a taxpayer. The taxable income…
Q: Your company hired a new pipe-fitter for the upcoming year. The company owner would like for you to…
A: The objective of the question is to calculate the fully burdened hourly wage rate for the new…
Q: Tom works for Hot Chicken Ltd. He receives an annual salary of $80 000. He is also entitled to four…
A: Cost of Annual Leave: It is appropriate for every employee to be compensated for the time they have…
Q: Reed is a waiter at Albicious Foods in South Carolina. Reed is single with one other dependent and…
A: South Carolina's Overtime Minimum WageOvertime pay, also called "time and a half pay", is one and a…
Q: Lendrum Servicing's four employees are paid every two weeks. Atkins runs the office and the…
A: Net pay refers to an amount that is to the employees of the company after deducting all the expenses…
Q: tan is an employee of Giant Computers, where the job responsibilities include selling computers and…
A: Payroll expenses:The cost that an employer pays to hire the employees is known as payroll expenses.…
Q: Edward Dorsey is a part-time employee, and during the biweekly pay period he earned $395. In…
A: Wages paid to employees are subject to withholding taxes. There exist two methods to determine the…
Q: Belle, a consultant, employs one college student every summer to help her in her research work. As…
A: Accrued expenses are those expenses which are incurred for the particular period of time, big…
Q: Complete the top portion and earnings section of a payroll register for the five employees below.…
A: Federal withholding tax is the amount of tax that is withheld by the employer from the pay of the…
Q: Christine Erickson is the payro
A: Here discuss about the details of the payment of net pay which are incurred to the employees…
Q: Abigail Trenkamp owns and operates the Trenkamp Collection Agency. Listed below are the name, number…
A: Given: Trenkamp uses a weekly federal income tax withholding table. Social Security tax is withheld…
Q: Joseph Cavato is paid $12.96 per hour. During the past week, he worked 46 hours, and he is a covered…
A: Overtime hours are the hours above normal hours for the period. In simple terms, it is the…
Q: Karen Jolly operates a bakery called Karen’s Cupcakes. She has five employees, all of whom are paid…
A: Employer Payroll taxes: It is the amount of tax collected from employee wages and to be submitted to…
Q: Required information. [The following information applies to the questions displayed below.] Greer…
A: Payroll tax: A payroll tax is a tax withheld from an employee's salary by an employer who remits it…
Q: Also calculate his employers contributions in each of the above. How much in total does his employer…
A: The question is asking for a calculation of Pierre's deductions and his employer's contributions for…
Q: Eaton Enterprises uses the wage-bracket method to determine federal income tax withholding on its…
A: Federal Income Tax Withhold The proportion of federal taxes deducted from an employee's wages is…
Q: Latanya Brown is an employee of Giant Computers, where her job responsibilities include selling…
A: Payroll Expenses:The expenses of the company paid to the employees are referred to as payroll…
Q: Brianna's semimonthly salary is $3,875. What would be her equivalent biweekly salary (in $)? (Round…
A: Total months in year=12 semi months=12*2=24
Q: Eric Sherm began working as a part-time waiter on April 1, 20--, at Yardville Restaurant. The cash…
A: Taxable income:-It is an income that is liable for tax payment as per the slab rate prescribed in…
Q: You are required to manually calculate the wages for Aaron for the week ending 22 July 2022 based on…
A: It is the amount of gross earnings of an employee reduced by the income tax to be withheld on the…
Q: Sean Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned $300.00…
A: A person's net pay is the amount of money left over for distribution to them after all withholdings…
Q: Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is…
A: Gross Total Pay = Regular Pay + Overtime Pay + Tips
Q: Edward Dorsey is a part-time employee, and during the biweekly pay period he earned $395. In…
A: The total wages are:
Q: Greer Utsey earned $49,100 in 2022 for a company in Kentucky. Greer is single with one dependent…
A: Payroll tax: A payroll tax is a tax withheld from an employee's salary by an employer who remits it…
Q: Precision Labs has two employees. The following information was taken from its individual earnings…
A: Wages: Wages are the earnings of the employees for their work to the company they serve. These are…
Q: Karen Law firm has paid $52,400.00 in salaries for the first quarter. Ms. Karen has computed the…
A: Journal entry : It is prepared to record the financial and non-financial transactions of the…
Q: ethods outlined below? Hint: There are two ways to determine the deduction. Do NOT use the table…
A: a) The total wages is calculated as,
Q: Stephanie Parker is a salaried, nonexempt administrator for Forise Industries and is paid biweekly.…
A: Payroll register refers to the maintenance of records of the data of employee’s salary on the…
Q: Peter Jones is paid $13.76 per hour. During the past week, he worked 44 hours, and he is a covered…
A: Total weekly hours=44 hoursPer hour rate=$13.76Over time=4 hours
Q: The employees of Lillian's Interiors are paid on a semimonthly basis. All employees are single.…
A: Employers are mandated by the Federal Insurance Contributions Act (FICA) to withhold two taxes, one…
Q: The employees of Lillian's Interiors are paid on a semimonthly basis. All employees are single.…
A: In the given case YTD Pay till 12/15/2021 is required which is 23 semi-monthly payments i.e (…
Q: The payroll records of Speedy Software show the following information about Marsha Gottschalk, an…
A: Payroll costs are incurred by businesses to cover employee salaries and benefits. Net salaries are…
Q: River Signorini works for New & Old Apparel, which pays employees on a semimonthly basis. River's…
A: Social security tax: Employee's pension and benefit for disability are secured through the social…
Q: Har Don't upload any image
A: The objective of the question is to calculate the cost of goods sold (COGS) for the year 2024 using…
Q: A new graduate has taken a job with an annual salary of $60,000. She expects her salary to go up by…
A: The objective of the question is to calculate the salary of a new graduate for the first five years,…
Q: Hamish Carter is employed as a parking attendant at Crowne Metro Hotel. During the 2023 income year,…
A: The term 'assessable' means such income that has to be assessed for income tax purposes.…
Q: Parker is a salaried, nonexempt administrator for Forise Industries and is paid biweekly. The annual…
A: Payroll register:It is a register maintained by the payroll manager at the company to record data…
Unlock instant AI solutions
Tap the button
to generate a solution
Click the button to generate
a solution
- Deep Mouse Designs has 14 employees within Denver City and County. The employees earned $9.80 per hour and worked 160 hours each during the month. The employer must remit $4.00 per month per employee who earns more than $500 per month. Additionally, employees who earn more than $500 per month must have $5.75 withheld from their pay. Required: What is the employee and employer Occupational Privilege Tax for these employees? (Round your answers to 2 decimal places.)Step by step solutionI need help solving this
- Reed is a waiter at Albicious Foods in South Carolina. Reed is single with one other dependent and receives the standard tipped hourly wage. During the week ending October 20, 2023, 44 hours were worked, and Reed received $250 in tips. Calculate Reed's gross pay, assuming tips are included in the overtime rate determination. Use Table 3-2. Required: 1. Complete the payroll register for Reed. 2a. Does Albicious Foods need to contribute to Reed's wages to meet FLSA requirements? 2b. If so, how much should be contributed? Complete this question by entering your answers in the tabs below. Req 1 Company Complete the payroll register for Reed. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Name Req 2a Reed Totals Albicious Foods Filing Status Req 2b S Dependents 1 Other Hourly Rate or Period Wage Overtime Rate Period Ended: Number of Regular Hours 40.00 10/20/2023 Number of Overtime Hours 4.00 $ Regular EarningsNigel is a waiter at Albicious Foods in South Carolina. Nigel is single with one other dependent and receives the standard tipped hourly wage. During the week ending October 22, 2022, 44 hours were worked, and Nigel received $238 in tips. Calculate the gross pay, assuming tips are included in the overtime rate determination. Use Table 3-2. Required: 1. Complete the payroll register for Nigel. 2a. Does Albicious Foods need to contribute to Nigel's wages to meet FLSA requirements? 2b. If so, how much should be contributed? Complete this question by entering your answers in the tabs below. Req 1 Req 2a Req 2b Complete the payroll register for Nigel. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Company Albicious Foods Nigel Totals Period Ended: 10/22/2022 Name Filing Status Dependents Hourly Rate or Period Wage Overtime Rate Number of Regular Hours Number of Overtime Hours Regular Earnings Overtime Earnings Tips Gross Earnings S 1 Other $ 2.13…answer the following questions and show your steps for your calculations (you must show the applicable details for each question; for example YMPE = $, YBE = $, Contribution Rate = %): . Assume the year is 2021. Rachel who just turned 28 works for Tech Industries and makes an annual income of $52,000. Calculate total employee and employer contributions. b) Sasha has been employed with Planters Inc. since 2012. She earned a salary of $85,000 this year. Calculate total employer and employee contributions. c) Angela’s dad had hired her to work part time for his business while she was in grade 8. He had her doing some filing and answering phones over the summer and paid her $22,500. Calculate total employee and employer contributions. d) Qui had just turned 18 and made $2,495 while going to school. Calculate total employee and employer contributions. e) Terence is self-employed and made an income of $222,000 this year. Calculate both the employer and employee contribution. f) Franco has a…
- Brianna Whitman works for Schaum, Whitney, & Matte, LLP, in Washington, D.C., which pays employees on a biweekly basis. Brianna's annual salary is $162,600. The company started in 2021. Required: Calculate the following: (Do not round intermediate calculations. Round your answers to 2 decimal places.) Prior YTD Earnings Social Security Taxable Wages Medicare Taxable Wages Employer Share Social Security Tax Employer Share Medicare Tax Pay Period End September 24 December 31Parker is a salaried, nonexempt administrator for Forise Industries and is paid biweekly. The annual salary is $65,200 with a standard workweek of 40 hours. During the pay period ending February 4, 2022, Parker worked 8 hours of overtime. Parker is married filing jointly with two dependents under the age of 17. Required: Complete the following payroll register for Parker's pay. Note: Round your intermediate calculations and final answers to 2 decimal places. Company Name Parker Total Forise Industries Period Filing Status Dependents Salary Hourly Rate Period Ended: Number of Number of Overtime Regular Hours Hours Regular Earnings $ 2/4/2022 Overtime Earnings Gross Earnings 0.00 $ 0.00 $ 0.00Listen A direct laborer in a factory earns $1,000 each week. In addition, she will receive a $2,500 bonus at year-end, a two-week paid vacation, and seven paid holidays. Prepare the entry to distribute her wages and the costs and liabilities related to bonus, vacation, and holiday pay. (Round all amounts to two decimal places.)
- A companny has an employee with a 5000 salary. Knowing that the Social Security rate is 29%, Health Insurance 12 %, Salary tax rate 10, establish the net salary to be paid to the employee. (Please don't use decimals in your answen). AnswerI need help getting the answer to #3!!Park Mischner owns Old Times Buttons, which employs six people. Park wants to perform a benefits analysis report for one of the employees, Avery Bower, for the year. Avery's benefits package is as follows: Annual salary: $22,000 401(k) contribution: 6 percent of annual salary. The company match is 75 percent of employee contribution up to 4 percent. Medical insurance deduction: $230 per month Dental insurance: $15 per month Required: Complete the following Benefits Analysis Report for Avery Bower for the year. Do not include FUTA and SUTA taxes. Note: Round your answers to 2 decimal places. Enter all amounts as positive values. Yearly Benefit Costs Medical insurance Company Cost Avery's Cost $ 9,180.00 $ 2,760.00 Dental insurance $ 490.00 $ EA 180.00 Life insurance $ EA 170.00 $ 69 0.00 AD&D $ 43.00 69 $ 0.00 Short-term disability $ 430.00 $ 0.00 Long-term disability $ 215.00 $ 69 0.00 401(k) $ 880.00 $ 69 1,320.00 Social Security $ 69 1,364.00 $ 69 1,364.00 Medicare $ 69 319.00 $…