Lilly worked 35 hours last week. Her hourly wage is $15.20 per hour. What is her gross pay? And calculate her net pay?
Q: molly has a part time job that pays her a gross income of $135 each week. Her withholding each week…
A: The withholding is that amount of income that is not included in the paycheck but is directly…
Q: - Naveen Borah is a maintenance worker. He earns $12.80 per hour for 40 hours and time and a half…
A: Hourly Wage = 12.80 Work Hours per week = 40 Overtime pay = 1.5 times Hourly Wage = 1.5×12.80 =…
Q: Rebecca Huang receives a regular salary of $3,120 a month and is paid 1½ times the regular hourly…
A: Calculate the salary per week:
Q: Carmen Gaetano worked 46 hours during this payweek. He is paid time-and-a-half for hours over 40 and…
A: Overtime hours = Total hours worked - 40 hours = 46 houra - 40 hours = 6 hours
Q: Harley’s regular working days are from Monday to Friday. Last week, she rendered 55 hours of work.…
A: Taxable income is the amount of income computed to measure the amount of taxes to be paid to the…
Q: Jennifer earns $50,000 in her first job today while her mom used to make $15,000 in her first job in…
A: The mathematical equation of the concept used is:
Q: Mikee worked 8 hours a day from Monday to Saturday, including Thursday which is his rest day. He is…
A: A) If he works in rest day = hourly rate *130%*hours worked =265pesos*130%*8 =…
Q: Lee Lu is paid $10.50 per hour, with overtime pay of time-and-a-half for Saturday work and…
A: The question is based on the concept of Business Finance.
Q: Marcos Putnam receives a regular salary of $3,120 a month and is paid 1½ times the regular hourly…
A: Introduction: Overtime pay: Extra pay for the extra hours worked above the cutoff hours.
Q: Anna's time record shows that she have worked 38hr on a regular hourly rate of 300 and have worked…
A: Wages are calculated as total of normal wages and overtime wages.
Q: In this week, are there any additional wages owed to Joseph? If so, how much does Bagels N’ Coffee…
A: Joseph Cruz has made tips of $160 this will be his amount of additional wages and so Bagels N’…
Q: Peter Works in a Month for 22 Days. Wage rate per hour is $ 15 Every day Peter works for 8 Hours.…
A: Formula used : Monthly salary = Number of hours worked x Wage rate per hour
Q: Manual is a word-processor operator. He makes php 11.50 an hour. Determine his gross earnings for a…
A: Gross earnings in the business means earnings made in total by working for some other person. That…
Q: What is the gross annual household income if Person A works a minimum of 3 shifts for 4 hours a…
A: Gross Annual Household income = Income of person A + Income of person B
Q: Maya worked 50 hours last week. Her hourly wage is $10 per hour. What is her gross pay? What is her…
A: Number of hours worked = 50 Wage rate = 10 per hour
Q: Mary Jo Prenaris is an office manager with gross earnings of $1,300 semimonthly. If her company…
A: Semimonthly salary means payment is processed twice in a month i.e after a duration of 15 days…
Q: Margo worked 45 hours last week. Her hourly wage is $17.25 per hour. What is her gross pay? And…
A: given information - Margo worked 45 hours last week hourly wage is $17.25 per hour
Q: During the last week in October, Ezekiel worked a total of 45 hours and had no idle time. He is paid…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Jennifer earns $50,000 in her first job today while her mom used to make $15,000 in her first job in…
A: Given, Jennifer Today's salary = $50,000 Her mom's salary in 1975 = $15,000 CPI today =212 CPI 1975…
Q: . Kelsey Newberg is a robotics technician. She earns $21.50 per hour for 40 hours and time and a…
A: Hi student Since there are multiple questions, we will answer only first question
Q: A mason works 6 days in a week and every day he works 11hrs. A base wage of OMR 18.25per hour is…
A: Given capacity of mason = 11 hours per day, 6 days per week Total working hours = 11 x 6 = 66 hours…
Q: Determine his gross for a week if he worked 52 hours.
A: Given information is: Regular working hours = 40 hours Overtime pay = time and one half Pay rate per…
Q: PLease help me to answer this for an upvote , thank u maam and sir. Lexley works in a toy…
A: Overtime is the excess time for working after the normal working hours. Overtime payment is the…
Q: If Lucy was paid semi monthly instead of bi-weekly how much would her gross pay be per day?
A: If Lucy was paid semi monthly instead of bi-weekly how much would her gross pay be per day?
Q: Sophie Gowna, 47 years old, works for an Ontario company with a Bi-weekly pay cycle. She earns $19…
A: Payroll The process of payment of payroll is an important aspect of the business as well. Payroll…
Q: During the last week in October, Ezekiel worked a total of 45 hours and had no idle time. He is paid…
A: Solution: Overtime premium pay is considered as indirect labor and included in manufacturing…
Q: Calculate his gross pay.
A: Generally Business Entities work overtime when they have to meet its targets in the short time.…
Q: ane budgets 9% of her net salary for groceries. If she spent $450 on groceries last month, what is…
A: Monthly Net Salary = Amount spent on groceries/ Percentage of net salary spent on groceries
Q: Melissa Grossman is the manager of a video store and earns $9.50 per hour with time-and-a-half for…
A: Normal working hours = 40 Overtime hours = 3 (43 - 40) Hours worked on Sunday = 5 normal wage rate =…
Q: Alva Nunez is a punch press operator for Drummond Machine Company. She earns $1.10 for every molding…
A: Earnings per each punch press = $1.10 Total pressed moldings = 310 moldings Total pay = Rate per…
Q: Use the information provided below to calculate the earnings of Jackie for 25 May 2021 using the…
A: Hi student Since there are multiple questions, we will answer only first question.
Q: Laura earns 6 RO per hour and is paid time-and-a-half for all time over 8 hours worked on a given…
A: Given, Sunday 10.5 hours, Monday 8 hours, Tuesday 10.75 hours, Wednesday 5.75 hours and Thursday 8…
Q: Samina normally works a 35 hour week, and is paid Rs.5 per hour. In one week she works 12 hours of…
A: Overtime rate = $5 per hour * 1.5 = $7.5 per hour Over time pay = 12 * $7.5 = $90
Q: Calculate Jamie's net pay
A: Vacation pay means the amount that is paid for the employee's vacation. In this, the employee gets…
Q: Sandra's net income is $1247 per week. Sandra is trying to stick to a budget and allocates 20% of…
A: Budgets are the estimates or forecasts that are made for future period. This is also known as…
Q: If Bryson worked 98 hours in two week time period how many overtime hours would he have?
A: Overtime hours = Actual hours - Standard hours Standard hours per week are 40 hours.
Q: Peter Works in a Month for 22 Days. Wage rate per hour is $ 15 Every day Peter works for 8 Hours.
A: Introduction: Salary: Salary is the revenue to the employees. Worked by spending the time for that…
Q: How much is her regular pay for the week (without overtime)? 2. How many hours is her overtime on…
A: Gross earnings is the earnings which an employee or a worker earns during the period by doing the…
Q: Last week, Andy worked from Monday to Saturday, rendering nine hours each day. She is paid 790 pesos…
A: SOLUTION WORKING NOTE -1 NORMAL WORKING HOURS = 8 HOURS PER WEEK (FOR 6 DAYS IN A WEEK). OVERTIME…
Q: Ryan works at the donut shop where he makes $10.25 per hour. He also works part time at the school…
A: Given, Rate of Donut Shop = $10.25 per hour Rate of Book Store = $8.75 per hour Let the number of…
Q: Bob Farrell works for a company that manufactures small appliances. Bob is paid $2.00 for each…
A: Weekly gross earning = Pay for toaster + Pay for microwave oven + Pay for Blender
Q: Carrie Overwood works fluctuating work schedules. Besides her fixed salary of $1,050 per week, her…
A: Salary: Compensation paid to the employees for their contribution of time and working for the…
Q: Carl is paid an hourly rate of $17.85. What is his weekly gross pay he works 38 hours per week ?
A: Gross pay is the amount which is to be paid to the employees of an organization without making any…
Q: Nicole smith's yearly salary is $95,500 during the week she worked 46 hours and she is entitled to…
A: Formula: Gross pay = Normal pay + overtime pay. Sum of both normal pay and overtime pay derives the…
Q: Amy Andrews is a CPA who works as a managerial accounting consultant for a variety of firms. To…
A: Formula: Premium Amount = Total cost x Premium rate
Q: As an electronics technician, Ellen Bero earns $14.92 per hour. She earns double time for work on…
A: Earnings on regular days = $14.92 per hour Earnings on sundays = 2 * $14.92 = $29.84 per hour…
Q: Pat Donnelly earns $8.00 per hour. last week she worked 38 hours. What is her gross pay?
A: Solution- Gross Earning = ( 38 hours * $ 8.00 per hour) = $ 304
Q: Mrs Chauke is 66 years old. She earns R180 per hour and works eight hours a day from Monday to…
A: The Gross Pay: The gross pay is the total salary earned for the number of hours worked for a given…
Q: Sophie Gowna, 47 years old, works for an Ontario company with a Bi-weekly pay cycle. She earns $19…
A: The process of payment of payroll is an important aspect of the business as well. Payroll which…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- QUESTION 1 Gold BHD is a local manufacturing company specialising in computer and technical services. The company was listed in Bursa Malaysia since 2010 with 45,000,000 units of ordinary shares, 500,000 units of 4% redeemable preference shares and 12,000,000 units of 5% non-cumulative preference shares as at 30 June 2021. The trial balance of the company based on the unadjusted balances is shown below: Silver Tech Bhd Trial Balance as at 30 June 2021 Debit Credit RM'000 RM'000 Revenue 35,500 Cost of sales 6,500 Distribution costs 950 Administrative costs 1,300 Investment income 120 Freehold land (revaluation) Building (revaluation) 55,000 60,000 Machineries (cost) 78,900 Motor vehicles (cost) 63,700 Intangible asset 250 Investment properties 500 Investment 432 Accumulated depreciation as at 1 July 2020: Building 10,000 Machineries 3,500 Motor vehicles 2,540 Ordinary shares 45,000 4% redeemable preference shares 500 5% non-cumulative preference shares 12,000 Retained profit 191,142.…Amount financed 18200 number of payments 72 monthly payment 425.08 finace charge 12405.76 whats the apr%Question 15: The 2021 Social Security wage base is Answer: А. S100,000 В. O $113,700 S125,000 D. O 142,800 C.
- Ajax Corporation has hired Brad O'Brien as its new president. Terms included the company's agreeing to pay retirement benefits of $18,600 at the end of each semiannual period for 10 years. This will begin in 3,285 days. If the money can be invested at 8% compounded semiannually, what must the company deposit today to fulfill its obligation to Brad? (Please use the following provided Table and Table 12.3.) (Use 365 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.) Deposit amount 124,779.35Question 3: The annual contribution limit to a 401(k) plan is Answer: А. O $6,000 В. O $7.000 С. O $13,500 D. O $19,500PA15. LO 5.3 Using the following account balances, calculate for the two years presented: A. working capital B. current ratio 12/31/2018 12/31/2019 $ 6,000 12,750 Unearned revenue $12,600 Cash 33,200 9,000 Prepaid rent Supplies Taxes payable Wages payable 6,000 2,500 5,600 4,800 8,500 5,500 9,250
- Calculate (a) the amount financed, (b) the total finance charge, and (c) APR by table lookup. (Use Table 14.1 and Table 14.1(b).) (Do not round intermediate calculations. Round the "Finance charge" to the nearest cent.) Number of monthly Total of monthly Purchase price of a used car Amount Total finance Down payment APR payments financed payments charge 5,453 $ 1,113 48 24 5,509.76 acer %24 %24ests - X þver Reference Reference Present Value of Ordinary Annuity of $1 Present Value of $1 Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 0.905 0.820 | 0.744 0.676 0.614 | 0.558 0.508 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% us Period 1 Period 2 Period 3 Period 4 Period 5 0.935 0.952 0.943 0.935 1.859 1.833 1.808 0.926 0.917 0.909 0.893 0.877 0.870 1.783 1.759 1.736 2.577 2.531 2.487 0.990 0.990 0.980 0.971 0.962 | 0.952 0.980 0.961 0.943 0.925 0.907 0.971 0.942 0.915 0.889 0.864 0.961 0.924 0.888 0.855 0.823 0.951 0.906 0.863 0.822 0.784 0.943 0.917 0.909 0.893 | 0.877 0.842 0.826 0.797 0.769 0.772 0.751 0.712 0.675 0.658 | 0.641 0.708 0.683 0.636 | 0.592 0.572 0.552 0.516 0.482 0.650 0.621 0.567 0.980 0.971 0.962 0.862 0.847 0.833 0.926 0.862 0.847 0.833 1.566 | 1.528 2.174 2.106 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 3.037 2.914 2.855 2.798…What is the carrying value of the loans receivable as of December 31, 2022 after impairement recognition A. 8,123,0231 B. 8,000,000 C . 8,211,570 D, 9,211,570
- Problem 17-9 (Static) Determine pension expense; PBO; plan assets; net pension asset or liability; journal entries [LO17-3, 17-4, 17-5, 17-6 ,17-7 ,17-8] Check my work U.S. Metallurgical Inc. reported the following balances in its financial statements and disclosure notes at December 31, 2020. Plan assets $400,000 320,000 Projected benefit obligation U.S.M's actuary determined that 2021 service cost is $60,000. Both the expected and actual rate of return on plan assets are 9%. The interest (discount) rate is 5%. U.S.M. contributed $120,000 to the pension fund at the end of 2021, and retirees were paid $44,000 from plan assets. (Enter your answers in thousands (L.e., 10,000 should be entered as 10).) Required: 1. What is the pension expense at the end of 2021? 2. What is the projected benefit obligation at the end of 2021? 3. What is the plan assets balance at the end of 2021? 4. What is the net pension asset or net pension liability at the end of 2021? 5. Prepare journal entries to…Amount financed 18200 number of payments 72 monthly payment 425.08 finance charge 12405.76 whats the apr%What semiannual sinking fund payment would be required to yield $45,000 nine years from now? The annual interest rate is 6% compounded semiannually. Click the icon to view the table. The sinking fund payment is S (Round to the nearest cent as needed.)