Terrell earns an hourly wage of $9.50. He gets paid every two weeks. He worked 15 hours the first week and 18 hours the second week. What is his gross pay? Enter answer using format: $0.00 Sophia earns an hourly wage of $12.00 at the Department Store. She gets paid weekly. She gets paid time and a half for any hours over 40. She worked a total of 45 hours this week. What is her gross pay? Enter answer using format: $0.00 Damien has a yearly salary at All Star Accountants of $42,500.00. He gets paid bi-weekly. What is his gross pay for Sammy has a yearly salary at Dicks Sporting Goods as a Mah of $66,750.00. They get paid semi-monthly. What is their g pay for each pay period? Enter answer using format: $ 0,000.00 Make sure to round to two decimal places. Eric is a sales representative for a large Pharmacy Company. F has a yearly salary of $82,425.00. He gets paid monthly. In addition, if he sells more than $150,000 in a month he gets 6 commission. Eric sold $172,000 this month. What is his gross pay for this month (include any commissions earned)? Enter answer using format: $ 0,000.00 Make sure to round to two decimal places.

Terrell earns an hourly wage of $9.50. He gets paid every two weeks. He worked 15 hours the first week and 18 hours the second week. What is his gross pay? Enter answer using format: $0.00 Sophia earns an hourly wage of $12.00 at the Department Store. She gets paid weekly. She gets paid time and a half for any hours over 40. She worked a total of 45 hours this week. What is her gross pay? Enter answer using format: $0.00 Damien has a yearly salary at All Star Accountants of $42,500.00. He gets paid bi-weekly. What is his gross pay for Sammy has a yearly salary at Dicks Sporting Goods as a Mah of $66,750.00. They get paid semi-monthly. What is their g pay for each pay period? Enter answer using format: $ 0,000.00 Make sure to round to two decimal places. Eric is a sales representative for a large Pharmacy Company. F has a yearly salary of $82,425.00. He gets paid monthly. In addition, if he sells more than $150,000 in a month he gets 6 commission. Eric sold $172,000 this month. What is his gross pay for this month (include any commissions earned)? Enter answer using format: $ 0,000.00 Make sure to round to two decimal places.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Justin Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned $300.00 for the 40 hours he worked. In addition, he reports his tips for February to his employer ($500.00), and the employer withholds the appropriate taxes for the tips from this first pay in March. Calculate his net take-home pay assuming the employer withheld federal income tax (wage-bracket, head of household), social security taxes, and state income tax (2%).
Jamie is an hourly employee who currently earns $25 per hour, and regularly works 32 hours per week. Jamie is paid vacation @ 4%. For the last payroll cycle, which was biweekly, Jamie worked for 78 hours. He had $400 in mandatory deductions and 3% for health insurance. Calculate Jamie's net pay
Please help me
Delta pays Pete Rose $150 per day to work in the maintenance department at the airport. Pete became ill on Monday and went home after 1/6 of a day. What did he earn on Monday? Assume no work, no pay.
Anderson Brown worked 39 hours during the first week of the calendar year and earns regular wages of $15/hour. Assuming that she requests that 4% of her gross pay be contributed to a 401(k) plan and that she contributes $25 per week to a dependent-care flexible spending account, her Social Security tax for the week is $_____.
Lynne Duggan, age 16 is a summer student working part-time for a wrestling magazine in Manitoba. This is her first job, and has not paid any CPP or El. Lynne works 14 hours per week at a rate of $14.50 per hour and is paid bi-weekly. On this pay period, Lynne worked her usual 14 regular hours per week, but was also paid 7.5 hours of overtime. Wrestling magazine pays two times the employee's rate for all overtime. 1. Calculate and record the Gross Earnings 2. Calculate and record the Federal Claim Code 3. Calculate and record the Manitoba Claim Code 4. Calculate and record the Employee's CPP deduction 5. Calculate and record the Employer's CPP deduction 6. Calculate and record the Employee's El deduction 7. Calculate and record the Employer's El deduction 8. Calculate and record the Federal Tax deduction 9. Calculate and record the Provincial Tax deduction
Mary Johnson is earning $40,000 per week as her basic salary.Ms. Johnson lives in a house that the company pays the Landlord $5,000 weekly. She receives a non-taxable uniform allowance of $12,500 per week. Ms. Johnson has asked the payroll department to deduct from her salary $5,000 to National Housing Trust (NHT). The company has an approved pension scheme for which the employee contributes 5% per week and the employer matches this amount by contributing the same percentage for the employee. Required: a) Calculate the net pay for Mary Johnson for the week. b) Compute the taxes that the company will pay for Ms. Johnson.
Nicole Smith's yearly salary is $95,500. What is Nicoles Hourly pay if she works 40 hours a week.
Megan's salary used to be $61,590. After changing the amount of time she works, she has begun earning $86,226. By what percent did Megan's salary increase?
Gail works 32 hours Monday throught Thursday. On Friday, she is out with the flu and receives 8 hours' sick pay under her employer's policy. She returns to work for 4 hours on Saturday. If she earns 8 per hour and the federal minmum requirements for overtime pay apply, how much pay will she receive? a. 352 b. 320 c. 368 d. 288
Barry's employer pays $1,945 in health insurance and $234 in life insurance per year. He also gets $4,213 in paid time off per year. His monthly gross pay is $5,020. What are Barry's total job benefits per year?