PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN: 9781337619783
Author: BIEG
Publisher: CENGAGE L
expand_more
expand_more
format_list_bulleted
Question
Chapter 2, Problem 3PB
a.
To determine
Calculate the gross earnings for each employee.
b.
To determine
Calculate the total gross earnings for all employees.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
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 week are 40
hours. If required, round your answers to two decimal places.
The wages and hours information for five employees of Somja Enterprises for the week ended April 7 is given below. Employees work a standard 40-hour workweek and are paid time and one-half for all hours over 40 in each workweek.
If required, round your answers to two decimal places and use the rounded answers in subsequent computations. Round your final answers to the nearest cent.
a. For each employee, compute the regular earnings, overtime rate, overtime earnings, and total gross earnings.
b. Compute the total gross earnings for all employees.
Employee Hours Worked Regular Hourly Wage Rate Regular Earnings Overtime Rate Overtime Earnings Total Gross EarningsWilson, H. 43 $11.90 $ $ $ $Aha, C. 42 14.20 Shoup, K. 47 13.90 Carlyn, D. 41½ 10.70 McMurray, J. 45 17.10
Financial Accounting
Chapter 2 Solutions
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Ch. 2 - Prob. 1SSQCh. 2 - Prob. 2SSQCh. 2 - Compute the hourly and overtime rates for a...Ch. 2 - Bruce Eaton is paid 10 cents per unit under the...Ch. 2 - Prob. 1MQCh. 2 - Prob. 1QRCh. 2 - Prob. 2QRCh. 2 - Prob. 3QRCh. 2 - Prob. 4QRCh. 2 - Prob. 5QR
Ch. 2 - Prob. 6QRCh. 2 - Prob. 7QRCh. 2 - Prob. 8QRCh. 2 - Prob. 9QRCh. 2 - Prob. 10QRCh. 2 - Prob. 11QRCh. 2 - Prob. 12QRCh. 2 - Prob. 13QRCh. 2 - Prob. 14QRCh. 2 - Prob. 15QRCh. 2 - When is time spent by employees in attending...Ch. 2 - Under what conditions would preliminary and...Ch. 2 - Prob. 18QRCh. 2 - Prob. 19QRCh. 2 - Prob. 20QRCh. 2 - Prob. 21QRCh. 2 - Prob. 22QRCh. 2 - Prob. 23QRCh. 2 - Prob. 24QRCh. 2 - Prob. 25QRCh. 2 - Prob. 1QDCh. 2 - Prob. 2QDCh. 2 - Prob. 3QDCh. 2 - Prob. 4QDCh. 2 - Mack Banta, a nonexempt account representative,...Ch. 2 - Prob. 1PACh. 2 - Prob. 2PACh. 2 - Prob. 3PACh. 2 - The wages and hours information for five employees...Ch. 2 - Gabrielle Hunter, a waitress at the...Ch. 2 - Prob. 6PACh. 2 - John Porter is an hourly employee of Motter...Ch. 2 - Prob. 8PACh. 2 - Prob. 9PACh. 2 - Prob. 10PACh. 2 - Potts, Inc., recently converted from a 5-day,...Ch. 2 - Kyle Forman worked 47 hours during the week for...Ch. 2 - Barbara Ripa receives 695 for a regular 40-hour...Ch. 2 - Cal DiMangino earns 2,875 each month and works 40...Ch. 2 - Sheila Williams, a medical secretary, earns 3,575...Ch. 2 - Prob. 16PACh. 2 - Prob. 17PACh. 2 - During the first week in November, Erin Mills...Ch. 2 - Refer to Problem 2-18A. Assume that Mills had...Ch. 2 - Wendy Epstein, a sales representative, earns an...Ch. 2 - Prob. 21PACh. 2 - Casey Collins average workweek during the first...Ch. 2 - Prob. 1PBCh. 2 - Bert Garro is a waiter at La Bron House, where he...Ch. 2 - Prob. 3PBCh. 2 - The wages and hours information for five employees...Ch. 2 - Hunter Sobitson, a waiter at the Twentieth Hole...Ch. 2 - Prob. 6PBCh. 2 - Prob. 7PBCh. 2 - Prob. 8PBCh. 2 - Prob. 9PBCh. 2 - Under the decimal system of computing time worked...Ch. 2 - Costa, Inc., recently converted from a 5-day,...Ch. 2 - Prob. 12PBCh. 2 - Kenneth Johanson worked 49 hours during the week...Ch. 2 - Carl La Duca earns 3,875 each month and works 40...Ch. 2 - Prob. 15PBCh. 2 - Jody Baush is a salaried employee who normally...Ch. 2 - Colleen Prescott is a salaried employee who works...Ch. 2 - During the first week in April, Courtney Nelson...Ch. 2 - Refer to Problem 2-18B. Assume that Nelson had...Ch. 2 - Warrenda Spuhn, a sales representative, earns an...Ch. 2 - Maria Cohen is employed as a salesperson in the...Ch. 2 - Connie Gibbs collected a 2,000 bonus for her...Ch. 2 - Prob. 1CPCh. 2 - Prob. 2CP
Knowledge Booster
Similar questions
- The total wages and salaries earned by all employees of James Industries during the month of February, as shown in the labor cost summary and the schedule of fixed administrative and sales salaries, are classified as follows: a. Prepare a journal entry to distribute the wages earned during February. b. What is the total amount of payroll taxes that will be imposed on the employer for the payroll, assuming that three administrative employees with combined earnings this period of 4,500 have exceeded 8,000 in earnings prior to the period?arrow_forwardThe total wages and salaries earned by all employees of Langen Electronics, Ltd. during March, as shown in the labor cost summary and the schedule of fixed administrative and sales salaries, are classified as follows: a. Prepare a journal entry to distribute the wages earned during March. b. What is the total amount of payroll taxes that will be imposed on the employer for the payroll, assuming that two administrative employees with combined earnings this period of 3,000 have exceeded 8,000 in earnings prior to the period?arrow_forwardA weekly payroll summary made from labor time records shows the following data for Pima Company: Overtime is payable at one-and-a-half times the regular rate of pay and is distributed to all jobs worked on during the period. a. Determine the net pay of each employee. The income taxes withheld for each employee amount to 15% of the gross wages. b. Prepare journal entries for the following: 1. Recording the payroll. 2. Paying the payroll. 3. Distributing the payroll. (Assume that the overtime premium will be charged to all jobs worked on during the period.) 4. The employers payroll taxes. (Assume that none of the employees has achieved the maximum wage bases for FICA and unemployment taxes.)arrow_forward
- Prepare the journal entry to record the factory wages of $28,000 incurred for a single production department assuming payment will be made in the next pay period.arrow_forwardPrepare the journal entry to record the factory wages of $25,000 incurred in the processing department and $15,000 incurred in the production department assuming payment will be made in the next pay period.arrow_forwardThe totals from the payroll register of Olt Company for the week of January 25 show: Journalize the entry to record the payroll of January 25.arrow_forward
- Kenneth Johanson worked 49 hours during the week for Luben Company at two different jobs. His pay rate was 15.00 for the first 40 hours, and his pay rate was 13.10 for the other 9 hours. Determine his gross pay for that week if the company uses the one-half average rate method. a. Gross pay________ b. If prior agreement existed that overtime would be paid at the rate for the job performed after the 40th hour, the gross pay would be_______arrow_forwardKyle Forman worked 47 hours during the week for Erickson Company at two different jobs. His pay rate was 14.00 for the first 40 hours, and his pay rate was 11.80 for the other 7 hours. Determine his gross pay for that week if the company uses the one-half average rate method. a. Gross pay__________ b. If prior agreement existed that overtime would be paid at the rate for the job performed after the 40th hour, the gross pay would be________arrow_forwardIn the space provided below, prepare the journal entry to record the November payroll for all employees assuming that the payroll is paid on November 30 and that Joness cumulative gross pay (cell I13) is 85,000.arrow_forward
- E3-3 Modified wage plan Randy Wetzel earns $25 per hour for up to 400 units of produc- tion per day. If he produces more than 400 units per day, he will receive an additional piece rate of $.50 per unit. Assume LO1arrow_forwardDetermine the gross pay for each employee listed below. When necessary, round intermediate calculations and the final answer to the nearest cent. Nicole Smith's yearly salary is $87,360.00. During the week, Smith worked 42 hours, and she is entitled to time-and-a-half for all hours over 40.arrow_forwardMossdale Manufacturing Company pays the regular hourly rate for the first 40 hours worked and time and a half thereafter. Sandra Beal worked 46 hours this week. Her regular hourly rate is $15.60. Compute Beal's total earnings.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Managerial AccountingAccountingISBN:9781337912020Author:Carl Warren, Ph.d. Cma William B. TaylerPublisher:South-Western College PubPrinciples of Cost AccountingAccountingISBN:9781305087408Author:Edward J. Vanderbeck, Maria R. MitchellPublisher:Cengage Learning
- Principles of Accounting Volume 2AccountingISBN:9781947172609Author:OpenStaxPublisher:OpenStax CollegeExcel Applications for Accounting PrinciplesAccountingISBN:9781111581565Author:Gaylord N. SmithPublisher:Cengage Learning
Managerial Accounting
Accounting
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:South-Western College Pub
Principles of Cost Accounting
Accounting
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax College
Excel Applications for Accounting Principles
Accounting
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Cengage Learning