February Sunday Monday Tuesday Wednesday Thursday Friday Saturday 1 2 3 4 5 6 12 13...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/6649b1edb4166_7096649b1ed33339.jpg)
Transcribed Image Text:
February Sunday Monday Tuesday Wednesday Thursday Friday Saturday 1 2 3 4 5 6 12 13 7 14 8 9 10 11 15 16 17 18 19 20 21 22 23 24 25 26 27 28 When determining the amount an exempt employee receives for partial weeks, take their salary divided by the number of weeks times days worked. Annual salary: $35,200 (525)= $35,200-260 = $135.38462 (rounded to five decimal points) per day. Once you have a per-day rate, multiply it by the number of days worked. Exempt employee salary Information is as follows: Name Millen Lewis Schwartz Annual Salary Notes $ 35,200 $ 32,200 $ 32,200 plus 3% commission on sales $ 45,400 Prevosti The hours for the nonexempt employees are as follows: Name Towle Long Hourly rate $ 17.00000 Hours worked 2/1-2/10 64 hours $ 17.00000 66 hours $ 15.00000 32 hours $ 16.53846 65 hours Shangraw Success (You) Required: Complete the payroll register for the period's gross pay. Pay will be disbursed on February 14, 2023, starting with check number 6628. Note: Round your answers for "Hourly Rate or Period Wage" to 5 decimal places and all other answers to 2 decimal places. Hours and dependents should be entered as whole numbers. P/R End Date Check Date 2/10/2023 2/14/2023 Answer is not complete. Company Name: Prevosti Farms and Sugarhouse Number Name Filing Status Dependents Under 17 Dependents ver 17 Hourly Rate or Period Wage of Number of Overtime Regular Hours Hours Number of Holiday Hours Commissions Gross Earnings Section 401(k) Taxable Wages for 125 Federal WH Thomas Millen MJ 30 10 64 0 0 5 Avery Towle 0 0 17.00000 64 0 0 0.00 0.00 $ Charlie Long MJ 0 20 0 17.00000 64 20 0 0.00 $ Mary Shangraw S 0 10 15.00000 32 0 0 0.00 $ 1,088.00 1,139.00 480.00 Kristen Lewis MJ 0 20 10 64 0 0 0.00 - Joel Schwartz MJ 20 0 64 0 0 0.03 x Toni Prevosti MJ 3 20 84 0 0 0.00 Student Success S 0 0 16.53846 64- 10 0 0.00 Totals $ 0.03 $ 2.707.00 Taxable Wages for FICA February Sunday Monday Tuesday Wednesday Thursday Friday Saturday 1 2 3 4 5 6 12 13 7 14 8 9 10 11 15 16 17 18 19 20 21 22 23 24 25 26 27 28 When determining the amount an exempt employee receives for partial weeks, take their salary divided by the number of weeks times days worked. Annual salary: $35,200 (525)= $35,200-260 = $135.38462 (rounded to five decimal points) per day. Once you have a per-day rate, multiply it by the number of days worked. Exempt employee salary Information is as follows: Name Millen Lewis Schwartz Annual Salary Notes $ 35,200 $ 32,200 $ 32,200 plus 3% commission on sales $ 45,400 Prevosti The hours for the nonexempt employees are as follows: Name Towle Long Hourly rate $ 17.00000 Hours worked 2/1-2/10 64 hours $ 17.00000 66 hours $ 15.00000 32 hours $ 16.53846 65 hours Shangraw Success (You) Required: Complete the payroll register for the period's gross pay. Pay will be disbursed on February 14, 2023, starting with check number 6628. Note: Round your answers for "Hourly Rate or Period Wage" to 5 decimal places and all other answers to 2 decimal places. Hours and dependents should be entered as whole numbers. P/R End Date Check Date 2/10/2023 2/14/2023 Answer is not complete. Company Name: Prevosti Farms and Sugarhouse Number Name Filing Status Dependents Under 17 Dependents ver 17 Hourly Rate or Period Wage of Number of Overtime Regular Hours Hours Number of Holiday Hours Commissions Gross Earnings Section 401(k) Taxable Wages for 125 Federal WH Thomas Millen MJ 30 10 64 0 0 5 Avery Towle 0 0 17.00000 64 0 0 0.00 0.00 $ Charlie Long MJ 0 20 0 17.00000 64 20 0 0.00 $ Mary Shangraw S 0 10 15.00000 32 0 0 0.00 $ 1,088.00 1,139.00 480.00 Kristen Lewis MJ 0 20 10 64 0 0 0.00 - Joel Schwartz MJ 20 0 64 0 0 0.03 x Toni Prevosti MJ 3 20 84 0 0 0.00 Student Success S 0 0 16.53846 64- 10 0 0.00 Totals $ 0.03 $ 2.707.00 Taxable Wages for FICA
Expert Answer:
Posted Date:
Students also viewed these finance questions
-
Which of the units listed in Multiple-Choice Question 9 are appropriate for the biologically equivalent dose that results when a person is exposed to radiation? Data From Question 9 Which of these...
-
From the standpoint of the corpuscular theory demonstrate that the momentum transferred by a beam of parallel light rays per unit time does not depend on its spectral composition but depends only on...
-
Identify errors using GAAP; prepare a classified balance sheet; and calculate the current ratio. An inexperienced accountant has put together a balance sheet for Wings and Things Inc. The balances...
-
Fund future cash flows (Learning Objective 3) Janet wants to take the next five years off work to travel around the world. She esti mates her annual cash needs at $30,000 (if she needs more, shell...
-
For December 31, 2012, the balance sheet of Baxter Corporation was as follows: Sales for 2013 were $245,000, and the cost of goods sold was 60 percent of sales. Selling and administrative expense was...
-
2. Use Lagrange multipliers to find the point on the curve g(x, y) = 2x y 2 = 0 that is closest to the origin. What is the distance of the point to (0, 0)
-
Data below for the year ended December 3 1 , 2 0 2 4 , relates to Houdini Incorporated Houdini started business January 1 , 2 0 2 4 , and uses the LIFO retail method to estimate ending inventory....
-
After reviewing some of the concerns over reputation management and controlling the narrative discussed in the module, consider Amazon's operation and labor practices. To help get you in the zone...
-
Clearly there is a situation with regard to the clarity of SOP40 and ASOs' application of it. It is a situation that the organisation has been forced to acknowledge following the court case....
-
You own $1 million in a portfolio that is an equal mix of gold, silver, and platinum. Your plan is to sell this portfolio in the next tax year (i.e., early January 2021). Until then, you would like...
-
The Fourier cosine series for f(x)=x on (0,3) can be given by. B 5T2 f(x) = A (cos * + COST + cos + . ..) 25 What is the value of B?
-
Describe the use of cost behaviour classification, and Suggest possible cost drivers in determining their manufacturing costs, of 2 manufacturing companies which are Top Glove and Malaysia Steel...
-
ABC Company Limited looking to invest in one of the proposed projects. The cost of that project is $50,000 and cash inflows and outflows are projected for 5 years, as shown in the below table....
-
Design a circuit which negative the content of any register and store it in the same register.
-
Listed below are common terms associated with bonds: a. Bond certificate j. Coupon bonds b. Bond issue k. Callable bonds c. Bond indenture l. Convertible bonds d. Unsecured bonds m. Face interest...
-
Identify each of the following organizational characteristics with the organizational form or forms with which it is associated. (a) Easier to transfer ownership (d) Tax advantages (b) Easier to...
-
Gould Corporation began operations on January 1, 2012. The following information is available for Gould Corporation on December 31, 2012. Accounts payable $ 5,000 Notes payable $ 7,000 Accounts...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App