Required: Each of the following workers is a piece-rate worker at Golden Boats in Connecticut. If the employees have a standard 40-hour workweek, what is their effective hourly wage? Based on the state's minimum wage in Connecticut, calculate each employee's minimum weekly pay. What is the difference the employer must pay between the calculated gross pay and the calculated state's minimum pay if any? Use Table 3-1. (Reminder: Divide gross pay by 40 hours to determine the hourly wage.)

Required: Each of the following workers is a piece-rate worker at Golden Boats in Connecticut. If the employees have a standard 40-hour workweek, what is their effective hourly wage? Based on the state's minimum wage in Connecticut, calculate each employee's minimum weekly pay. What is the difference the employer must pay between the calculated gross pay and the calculated state's minimum pay if any? Use Table 3-1. (Reminder: Divide gross pay by 40 hours to determine the hourly wage.)

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter2: Computing Wages And Salaries

Section: Chapter Questions

Problem 21QR

See similar textbooks

Similar questions

Determine the gross pay for each employee listed below. When necessary, round intermediate calculations and the final answer to the nearest cent. Clay Jones is paid time-and-a-half for all hours over 40. He worked 45 hours during the week. His regular pay rate is $25 per hour. $ Mary James worked 48 hours during the week. She is entitled to time-and-a-half for all hours in excess of 40 per week. Her regular pay rate is $20 per hour. $ Lori Terry is paid a commission of 10 percent of her sales, which amounted to $23,650. $ Nicole Smith's yearly salary is $95,500. During the week, she worked 46 hours, and she is entitled to time-and-a-half for all hours over 40. $
Directions: Answer the following problems. Use appropriate formula to arrive at the right answer. 1. Algem earns the regular daily rate of P340.00 giving her an hourly rate of P42.50. she was requested by her boss to work on May 1, Labor Day. She worked for 8 hours. Her total pay for the day would be: a.
QUESTION 7)A) If the subcontractor employee Nazan, who is free to choose the working period, works 55 hours a week at an hourly wage and maximizes her benefit by earning an income of 1.000 TL per week, show this situation on the figure.B) Suppose that the government employs subcontractor employees, and those who previously worked on an hourly rate depending on the subcontractor now have to work 40 hours, which is a legal working time, for a fixed salary of 1000 TL per week. How to maximize the benefit of Mrs. Nazan in the new situation, add the new situation to the chart in (a) and show it on the same chart. Has the new situation increased or decreased the benefit of Mrs. Nazan?
Compute gross wages due each employee under federal wage-hour law: Latisha is normally paid $1,200 for a 40-hour workweek. One Monday she is out sick but receives 8 hours sick pay. She then works 40 hours Tuesday–Friday. Al is normally paid $500 for a 40-hour workweek. One week, he works 45 hours. Lee is normally paid $1,500 for a 40-hour workweek. To make up for leaving early one Friday, he works 44 hours this week.
Make an Excel spreadsheet to compute gross wages due each employee under federal wage-hour law. See notes below. a. Ryan is normally paid $1,000 for a 40-hour workweek. One week, he works 46 hours. b. Latisha is normally paid $1,200 for a 40-hour workweek. One Monday she is out sick but receives 8 hours sick pay. She then works 40 hours Tuesday–Friday. c. Al is normally paid $500 for a 40-hour workweek. One week, he works 45 hours. d. Lee is normally paid $1,500 for a 40-hour workweek. To make up for leaving early one Friday, he works 44 hours this week. THANK YOU FOR YOUR HELP.
6. Compute gross wages due to each employee under federal wage-hour law: а. Nona is a salaried employee and is paid $900 for a 32-hour workweek. One week, she works 40 hours. b. Sal is normally paid $600 for a 40-hour workweek. One week, he works 45 hours.
WHAT US THE ESTIMATED LIABILITY FOR VACATION PAY? Four factory workers and a supervisor make a team in the Machining Department. The supervisor earns P100 per hour, and the combined hourly charge of the four workers is P320. Each employee is entitled to a 2-week paid vacation and a bonus equal to 4 week's wages each year. Vacation pay and bonuses are treated as indirect costs and are accrued over the 50 week work year. A provision in the union contract does not allow these employees to work in excess of 40 hours per week.
Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates.NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. Anita Workman receives tips from customers as a standard component of her weekly pay. She is paid $2.60/hour by her employer and receives $291 in tips during the most recent 44-hour workweek.Gross Pay = $
Carrie Overwood works fluctuating work schedules. Besides her fixed salary of $1,050 per week, her employment agreement provides for overtime pay at an extra half-rate for hours worked over 40. This week she worked 48 hours. Compute the following amounts. c. If this was a BELO plan with a pay rate of $22.00 per hour and a maximum of 53 hours, how much would Overwood be paid for 48 hours?
1) Calculate Mary’s earnings for 31 October 2023 using the straight piecework wage incentive scheme. Information Mary is employed by Menton Manufacturers to sew dresses. The standard time to sew one dress is 40 minutes. She is paid R120 per hour and the normal working time is 8 hours per day. If she sews more than her quota, she receives 1.5 times the hourly rate on the additional output. On 31 October 2023 she sewed 18 dresses. _________________________________________________________________________________ 2) Calculate the net salary of H. Gordon for December. H. Gordon’s basic annual salary is R240 000. He receives an annual bonus of 80% of his basic monthly salary, payable in December each year. His pension deduction is 8% of the basic salary and income tax is levied at 20% on his taxable income. _________________________________________________________________________________ 3) Calculate the economic order quantity for the year. Suntan Limited produces a product which has a…
Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates.NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation Amy Blackwood receives tips from customers as a standard component of her weekly pay. She is paid $2.38/hour by her employer and receives $155 in tips during the most recent 45-hour workweek. Calculate Gross Pay = $__________ Employees who receive tips are covered by the FLSA and therefore must be paid the applicable hourly minimum wage. A tipped employee is someone who typi-cally receives more than $30/month in tips. Employers can take advantage of a maximum tip credit of $5.12, which results in employees receiving an hourly wage of $2.13 ($7.25 minimum wage minus $5.12 tip credit). Employers who elect to take advantage of this tip credit must inform employees of their intention to do so…
From the following data, calculate the net pay for the below employees working in Alberta and who are subject to the provincial employment standards legislation. Assume that the employees are entitled to time-and-a-half for any hours exceeding 40 hours for the week or 8 hours per day. CPP contribution rate: 5.45% El Premium rate: 1.58% Hourly rate Monday Tuesday Wednesday Thursday Friday Saturday Şunday Employees Emily Ma Loan Lee Tesfe Khieth 20.00 18.00 IS 10 6 6 4 16.00 4 10 8 Required 1. Prepare a payroll register for the week of January 25. 2. Prepare the journal entry to record the payroll. 3. Prepare the journal entry to record the company's benefits expense. 4. Prepare the journal entry to record the remittance to the Receiver General for Canada.