
An employee works 48 hours in a week for a salary exempt of $1,925 per week. How much is this employee's weekly gross salary?
An employee earns $17 an hour. Determines gross income if you work 49 hours (receives double time for overtime over 40 hours).
An employee checks boxes in a cardboard factory. Receive $0.18 for each checked box. If you check 1,450 boxes on an average day, it determines weekly gross income (considering a five-day week).
A restaurant supply seller works for a 7% commission. If the total sales for the week were $18,500, determine the gross income for this seller.
Determines Social Security contribution (6.2%) and the contribution of health care (1.45%) for an employee with a gross income of $735. Round up the nearest penny.
An employee has net income of $890 and total deductions of $265, determining gross income.

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- Peter Jones is paid $13.76 per hour. During the past week, he worked 44 hours, and he is a covered employee who must be paid for overtime. Calculate his gross pay using the overtime premium approach. Round your overtime rate to two decimal places and use the rounded amount in subsequent computations. Round your final answers to the nearest cent. a. Regular pay (44 hours) b. Overtime premium pay c. Gross pay $ $arrow_forwardMorris Lann works for Talbert Electronics. He is a shared employee; he works in the manufacturing department and has been trained to work the sales counter when needed. He was asked to work the sales counter for two days, five hours each day during other employees' vacations. When he works in the manufacturing department, he earns $16.50 per hour. Morris earns a $2.50 pay differential for working the sales counter. He worked a total of 39 hours and 30 minutes during the week. Morris is married filing joint with no dependents. Compute Morris’s pay for the week ending August 20 using the hundredth-hour system. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)arrow_forwardAn employee receives an hourly wage rate of $18, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 45; federal income tax withheld, $349; social security tax rate, 6.0%; and Medicare tax rate, 1.5% on all earnings. What is the net amount to be paid to the employee? Select the correct answer. $442 $855 $1,151 $1,207arrow_forward
- Toren Inc. employs one person to run its solar management company. The employee's gross income for the month of May is $7,208. Payroll for the month of May is as follows: • FICA Social Security tax rate at 6.2% FICA Medicare tax rate at 1.45% Federal income tax of $400 • State income tax of $75 Health-care insurance premium of $298 • Union dues of $50 • The employee is responsible for covering 14% of his or her health insurance premium What is the net pay of the one employee for the month of May? Round to the nearest penny, two decimals. # No new data to save. Last checked at 11:47pm Submit Carrow_forwardDeep Mouse Designs has 14 employees within Denver City and County. The employees earned $9.80 per hour and worked 160 hours each during the month. The employer must remit $4.00 per month per employee who earns more than $500 per month. Additionally, employees who earn more than $500 per month must have $5.75 withheld from their pay. Required: What is the employee and employer Occupational Privilege Tax for these employees? (Round your answers to 2 decimal places.)arrow_forwardDennis Murphy is a salaried, nonexempt administrative assistant for Dionti Investments and is paid semimonthly. He is married filing joint with five dependents under 17. His annual salary is $91,000, and his standard workweek is 37.5 hours. During the pay period, he worked 10 hours overtime. Find the hourly rate, overtime rate, and the number of regular hours and overtime hours.arrow_forward
- An employee who earned a salary of $4,000 per month was startled at how low his net pay was. The Payroll Department provided the following information: CPP: $100 each (employee and employer EI: $80 re employee. $112 re emplyer Income tax $750 Union dues $50 Charitable donation $25 Vacation pay accrued $240 Calculate the employee’s net pay. Select answer from the options below $2,783 $2,995 $2,775 $2,543arrow_forwardCompute 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.arrow_forwardToren Inc. employs one person to run its solar management company. The employee’s gross income for the month of May is $8,000. Payroll for the month of May is as follows: FICA Social Security tax rate at 6.2%, FICA Medicare tax rate at 1.45%, federal income tax of $440, state income tax of $80, health-care insurance premium of $210, and union dues of $50. The employee is responsible for covering 30% of his or her health insurance premium. A. Record the journal entry to recognize employee payroll for the month of May, dated May 31, 2017. Round your answers to the nearest whole dollar. If an amount box does not require an entry, leave it blank. May 31 B. Record remittance of the employee's salary with cash on June 1. Round your answers to the nearest whole dollar. If an amount box does not require an entry, leave it blank. June 1arrow_forward
- Тахes Tophat Inc. employs one person to run its consulting company. The employee's gross income for the month of June is $6,000. Payroll for the month of June is as follows: FICA Social Security tax rate at 6.2%, FICA Medicare tax rate at 1.45%, federal income tax of $400, state income tax of $75, health-care insurance premium of $200, and union dues of $50. The employee is responsible for covering 30% of her own health insurance premium. Required 4. Record the joumal entry to recognize employee payroll for the month of June, dated June 30, 2020 and rec remittance of the employee's salary with cash on August 1. Date General Journal DR CR 30-Jun 1-Aug Contingent Liabilities Jeramiah Co has a pending lawsuit against the company claiming $2,700 in damages, The lawsuit is considered probable to favor the plaintiff and can be reasonably estimated on December 31, 20: Required 5. Record the joumal entry, if necessary, to the lawsuit. Date General Journal DR CR 31-Decarrow_forwardShawn, an outside sales representative for Marosh Communications in Caldwell, Idaho, receives a 5 percent commission on all new marketing packages sold within the sales territory. During the week of April 6, there were $9,500 of new subscriptions sold during 40 hours of work. Required: 1. What is Shawn's gross pay? 2. Are the wages subject to minimum wage laws? 1. Gross pay 2. Are the wages subject to minimum wage laws?arrow_forwardBert Garro is a waiter at La Bron House, where he receives a weekly wage of $75 plus tips for a 40-hour workweek. Garro's weekly tips usually range from $300 to $350. Round your answers to the nearest cent. a. Under the Fair Labor Standards Act, the minimum amount of wages that Garro must receive for a 40-hour workweek is$fill in the blank 1 b. Since La Bron House is in violation of the FLSA, the additional amount it should pay Garro each week to meet the minimum wage requirement for a tipped employee is (Hint: Employer must an additional amount to bring current gross of $75 up to minimum tipped wages.)$fill in the blank 2arrow_forward
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