Draft a payroll sheet and calculate the payroll for the above

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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T. Maxwell, R. Rochester, M. Barton, Y. York, W. Clarke and I. Black all work at Grace Kennedy. R. Rochester, W. Clarke and Y.
York works a regular work week of 40 hours at a rate of $650.00 per hour. However, T. Maxwell, M. Barton and I. Black each work
47, 49 and 52 hours respectively at a rate of15 times regular rate.
NOTE
(a) All workers except M. Barton and W. Clarke pay union dues of S300.00
(b) All workers pay income tax of 25%, National Insurance of Ss2%, NHT of 2% and Education tax of 2%
(e) T. Maxwell and w. Clarke pay Sagicor Insurance costs of S350.00
Draft a payroll sheet and calculate the payroll for the above
Hours
Worked Wage
Overtime Gross NIS
Wage
Income Union Sagicor
Tax
Name
Basic
NHT
Ed
Total
Net
Dues
Insurance Deductions Wages
Transcribed Image Text:T. Maxwell, R. Rochester, M. Barton, Y. York, W. Clarke and I. Black all work at Grace Kennedy. R. Rochester, W. Clarke and Y. York works a regular work week of 40 hours at a rate of $650.00 per hour. However, T. Maxwell, M. Barton and I. Black each work 47, 49 and 52 hours respectively at a rate of15 times regular rate. NOTE (a) All workers except M. Barton and W. Clarke pay union dues of S300.00 (b) All workers pay income tax of 25%, National Insurance of Ss2%, NHT of 2% and Education tax of 2% (e) T. Maxwell and w. Clarke pay Sagicor Insurance costs of S350.00 Draft a payroll sheet and calculate the payroll for the above Hours Worked Wage Overtime Gross NIS Wage Income Union Sagicor Tax Name Basic NHT Ed Total Net Dues Insurance Deductions Wages
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