Question: oject ( i ) B - SUCCE Student 8 . Success 1 6 4 4 Smitten Road Woodstock, V T esee 1 S S S

oject (i)
B-SUCCE
Student 8. Success
1644 Smitten Road
Woodstock, VT esee1
SSS-5SS-555S
SSN: 555-55-5555
Section 125 deduction: $10e
The company has the following departments:
Department A-Agncuttural Workers
Department B: Office Workers
The first day of work for Prevosti Farms and Sugarhouse for all employees is February 1,2024. February 10 is the end of the first pay period and includes work completed during the week of February 1-10th (weekdays only). Compute the employee gross pay using 40 hours as the standard workweek for all employees except Mani Shang LL, who works 20 hours per week and receives overtime for any time worked past that point per company policy. The other hourly employees receive overtime pay when they work more than 40 hours in one week. Raleigh Kateri has made $6,600 in case sales at a 3 percent commission rate during this pay period. Remember that the employees are paid biweekly. The pay frequency for federal income tax purposes is biweekly. For nonexempt employees, over 56 hours (7 days at 8 hours per day, except Shang-Li who works 4 hours per day) in the first payroll will be overtime.
\table[[Funday,February,,,,,],[,,,,,],[5,6,7,1,2,3],[12,13,14,15,16,17],[19,20,21,22,23,24],[26,27,28,29,,]]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: $38,400(525)=$38,400260=$147.69231(rounded to five decimal points for presentation, do not round intermediate calculations) per day. Once you have a per-day rate, multiply it by the number of days worked. Exempt employee satary information is as follows:
\table[[Name,Annual Salary,Notes],[Mangi,$38,400,],[Kilak,$33,700,],[Kateri,$33,700,plus 3x commission on sales],[Prevosti,$48,400,]]
The hours for the nonexempt employees are as follows:
\table[[Name,Hourly Rate,Hours Worked],[Tafari,$16.00000,21-210
oject ( i ) B - SUCCE Student 8 . Success 1 6 4 4

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!