From the following. calculate:the earnings of workers A,B,C under Hälsey plan ard Rowan scheme of payment: Worker Standard time (Hours): Actual (Hours) :5 1.. ... Basić wages per hour ...... 2 B4m2 A3 52
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- Q2. Calculate the minimum wage received by the worker during the month?E3-13 Employees' earnings using hourly and piece-rate methodsThe payroll records of Grove Machining Co. show the following information for the week ended April 17: (in the picture ) Hourly workers are paid time-and-a-half for overtime. a. Determine the net earnings of each employee. b. Prepare the journal entries for the following: 1. Recording the payroll.2. Paying the payroll. 3. Distributing the payroll. (Assume that the overtime premium will be distributed to all jobs worked on during the period.) 4. Recording the employer's payroll taxes. (Assume that none of the employees has achieved the maximum wage bases for FICA and unemployment taxes.)From the following particulars calculate earnings of a worker under hasley and Rowan plan. 1) Standard time 10 hrs 2) Time taken 6 hrs. 3) Hourly rate ₹2
- How do you calculate cumulative wages? 1st QTR 2nd QTR 2,950.00 5,284.00 5,498.00 3,765.00 9,489.00 6,995.00 7,150.00 2,225.00 9,700.00 4,160.00 0.00 6,330.00 34,787.00 28,759.0041 What would the journal entry be for the payment of wages to employees? A. Dr Bank; Cr Employees B. Dr Bank; Cr Wages C. Dr Wages; Cr Bank D. Dr Employees; Cr WagesThe data below pertains to the earnings of Juan Manuel for the week ended June 15, 2020: Hours and rate 42 hours worked P40/hr Earnings to date P14.00 Overtime rate 1 and 3/2 times the regular rate for hours worked in excess of 40 hours Withholding tax 3% of gross earnings SSS contributions 2% of gross earnings Phil.Health contributions 1% of gross earnings Pag-ibig contributions 1% of gross earnings What is net pay for Juan Manuel for the week?
- ajt.4 An employee earns $22 per hour and 2 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $177.10. a. Determine the gross pay for the week. b. Determine the net pay for the week. Round to two decimal places.Design a salary slip for the month of December 2021 with information given below. Fixed vs variable ratio- 70:30Ctc - 18LBasic- 50%Hra- 20%Da - 12%Travel allowance- 2000Insurance - 2500Incentive- 75% target completionPf 12%Earned leaves - 2LOP - 4 Prepare the assignment in Ms excelQuestion 2Eng Hardwares has the following balance as at 30 November 2020: Accounts RM'0000 Waged (Debit) 110,000 Insurance (Debit) 2,000 Rental (Debit) 50,000 Additional information:i. Eng Hardwares pays wages to its workers at the end of every month. However, some internal problems arise and it did not pay wages amounting to RM10,000 to its workers on time on the last day of December 2020. It paid RM10,000 for insurance covered from period December 2020 until March 2021 on 3rd December 2020. iii. It rents out part of its warehouse to another business for RM2,000 per month and receives the rent on the last day of each quarter on 31st March, 30th June, 30th September, and 31st December. However, the tenant has some financial difficulties and failed to pay the three-month rent from October 2020 to December 2020 on 31 December, 2020. On 1 December 2020 it received RM21,600 for a one year rental from a new tenant. Required:-I Need the T Account for the item…
- Ay 3 Use the information given below to calculate the net wage of M, Rashford for the last week of June 2022 INFORMATION M, Rashford is employed by United Enterprises. The normal working week is 42 hours. M, Rashford worked for 49 hours during the last week of June 2022. He is remunerated at R78 per hour during normal working hours. Overtime is calculated at 2½ times the normal rate. The following are his deductions for the week: Medical aid fund R420 Pension fund 9% of the normal wages Income tax R920 United Enterprises contributes the same amount as the employees towards the medical aid fund and pension fund.Marked out of 20.00P Flag questionusing the income summary account for the month ofSiren MarketingAdjusted Trial BalanceMay 31, 2022Account TitleCashDebitCredit$8, 600Accounts Receivable$2, 500Prepaid Insurance$2,700 Accounts PayableUnearned RevenueKirk, Capital$1, 200$1, 800$5, 880Kirk, Withdrawals$1,600Service Revenue$8, 620Advertising Expenselnsurance ExpenseRent Expense Total$790$450$860$17,500 $17,500No comma or dollar sign should be included in the imput icklPrepare the closing entries in the proper order. For transactions that have more than 1 debit or more than 1 deditDebitAccount Title and Explanation Date May 311.Calculate the gross earnings per pay period (in $) for the given pay schedule. (Round your answers to two decimal places.) Annual Salary Monthly Semimonthly Biweekly Weekly $ $1,900.00 $ $ $