J. B. Kenton employs Sharla Knox at a salary of $33,700 a year. Kenton is subject to employer Social Security taxes at a rate of 6.2% and Medicare taxes at a rate of 1.45% on Knox's salary. In addition, Kenton must pay SUTA tax at a rate of 5.4% and FUTA tax at a rate of 0.6% on the first $7,000 of Knox's salary. Compute the total cost to Kenton of employing Knox for the year.

Q: B. F. Goodson employs Eduardo Gonzales at a salary of $48,000 a year. Goodson is subject to employer…

A: Total cost means the sum of all the expenditure. Total cost also means the sum of fixed cost and…

Q: An employee's rate of pay is $36 per hour, with time-and-a-half for all hours worked in excess of 40…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: ross Pay, Deductions, and Net Pay Donald Chin works for Northwest Supplies. His rate of pay is $9…

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Q: Total Cost of Employee Mandy Feng employs Jay Johnson at a salary of $35,000 a year. Feng is subject…

A: Following are the calculation of taxes:

Q: An employee's rate of pay is $36 per hour, with time-and-a-half for all hours worked in excess of 40…

A: Hey, since there are multiple questions posted, we will answer first three question. If you want any…

Q: Sheffield Corbin's regular hourly wage rate is $16, and she receives an hourly rate of $24 for work…

A: FICA tax = Gross pay  x FICA tax  rate = 760*7.65% = $58.14

Q: R.D. Kagen employs Audrey Lopez at a salary of $33,800 a year. Kagen is subject to employer Social…

A: Workings:

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A: Payroll The purpose of preparing the payroll worksheet which know the details of the total…

Q: An employee earned $62,500 during the year working for an employer. The FICA tax rate for Social…

A: Federal Unemployment Tax Act (FUTA): The federal unemployment tax is welfare scheme of a social…

Q: Lisa Garza's regular hourly wage rate is $33, and she receives a wage of 1% times the regular hourly…

A: Payroll It is important for the management prompt payment of payroll to the employees is most…

Q: Ian McCarthy works for Willow Tree Homes. His rate of pay is $16.00 per hour and he is paid one and…

A: 1) Calculation of Pay: Gross Pay = 40 hours ×$16= $640   Overtime Pay = 5 hours × $16 × 1.5= $120…

Q: An employee earns $20 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: Hours worked = 55  Normal hourly rate = $ 20 Overtime rate = $ 20*1.5 = $ 30 Normal weekly hours =…

Q: Thomas Martin receives an hourly wage rate of $20, with time-and-a-half pay for all hours worked in…

A: Normal hours in a week = 40 hours Hours worked = 42 hours Overtime hours = Total hours worked -…

Q: An employee earns $44 per hour and 1.75 times that rate for all hours in excess of 40 hours per…

A:

Q: Susan Corbin's regular hourly wage rate is $20, and she receives an hourly rate of $30 for work in…

A: Total pay to the employee is a total pay less total deduction. We can formulate it as, Gross earning…

Q: An employee earns $40 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: The answer is as fallows

Q: Old Town Entertainment has two employees in Year 1. Clay earns $4,800 per month, and Philip, the…

A: Net pay the pay which is left with the employee after paying all the taxes and contributions which…

Q: Peter works for Company G and gets paid monthly. He made $8,500 throughout the month of January.…

A: Compensation is a monetary or non-monetary payment paid in exchange for services provided. Base…

Q: An employee earns $32 per hour and 1.75 times that rate for all hours in excess of 40 hours per…

A: Gross pay is the total  amount earned by employee inclusive all taxes and deductions. Net pay is the…

Q: ennifer Ross, an employee of Hampton Company, worked 44 hours during the week of February 9 through…

A: Disclaimer: “Since you have posted a question with multiple sub-parts, we will solve the first three…

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A: The following calculations are done to evaluate the net pay of the employee after deducting all…

Q: An employee earns $25 per hour and 2 times that rate for all hours in excess of 40 hours per week.…

A: Payroll accounting involves records of calculation, recording and analysis of employees compensation…

Q: Vaughn Corbin's regular hourly wage rate is $16, and she receives an hourly rate of $24 for work in…

A: Gross earnings = (40 hours x rate per hour) + (hours in excess of 40 hours x rate per hour ) = (40 x…

Q: Ian McCarthy works for Willow Tree Homes. His rate of pay is $16.00 per hour and he is paid one and…

A: Part 1:

Q: Jason Jefferies earned $10,200 while working for Brown Company. The company's SUTA tax rate is 2.9%…

A: Given: SUTA rate = 2.9% Payroll = $7,000

Q: G. E. Spring employs Trent Pelligrini at a salary of $46,200 a year. Spring is subject to employer…

A: Salary: Its an amount paid to the employee for rendering their services to the company. salary can…

Q: An employee earns $40 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: Gross pay is the payment made to the employees without any tax and net pay is the payment made to…

Q: Thomas Martin receives an hourly wage rate of $15, with time-and-a-half pay for all hours worked in…

A: Gross pay: Gross pay means the salary before the deduction of any taxes, benefits, and other payroll…

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A: Payroll: It can be defined as the total payment made by an employer to its employee.

Q: Deep Mouse Designs has 14 employees within Denver City and County. The employees earned $9.80 per…

A: Salary earned by each employee per month=Number of hours worked×Per hour earning=160×$9.80=$1,568

Q: An employee earned $62,500 during the year working for an employer. The FICA tax rate for Social…

A: Step 1 The unemployment taxes (FUTA) of $42 is obtained by multiplying the earnings of $7,000 with…

Q: What is the total liability for bonus, vacation and pension?

A: Looking at the amounts in options, it appears that total liability for bonus, vacation and pension…

Q: During the first week of January, an employee works 45 hours. For this company, workers earn 150% of…

A: Net Pay=Gross pay-Deductions

Q: Harry Santana manages a Frosty Boy drive-in. His straight-time pay is $19 per hour, with…

A: Formula: Net Pay = Gross pay - all deductions Deductions are taken out from gross pay derives the…

Q: An employee earns $5,500 per month working for an employer. The FICA tax rate for Social Security is…

A: Calculation of Net pay for the month of January is as follows:

Q: Hemal Thomas is an employee in British Columbia. The net pay calculation is for the first bi-weekly…

A: C

Q: Margaret's regular hourly wage rate is $20.and she receives  an hourly rate of $30 for work in…

A: Introduction: Salary: Salary is given to employees for rendering their services to the company.…

Q: Thomas Martin receives an hourly wage rate of $14, with time-and-a-half pay for all hours worked in…

A: Given that: Regular hours = 40 hours Hours worked = 42 hours

Q: An employee earns $40 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: Social security tax = Gross pay for the week x Social security tax  rate = 2200*6% = $132 Medicare…

Q: Ian McCarthy works for Willow Tree Homes. His rate of pay is $16.00 per hour and he is paid one and…

A: Regular Pay (40*16) $640.00 Overtime pay (5*16*1.5) $120.00 Gross pay $760.00 Net pay…

Q: During the first week of January, an employee works 50 hours. For this company, workers earn 150% of…

A: Pay rate is $20/hour. Standard number of hours to be worked in a week = 40 Standard pay = 40 x 20 =…

Q: Thomas Martin receives an hourly wage rate of $18, with time and a half for all hours worked in…

A: Introduction: The sum of an employee's paycheck that is left over after payroll deductions such as…

Q: Thomas Martin receives an hourly wage rate of $16, with time and a half for all hours worked in…

A: Gross pay is the amount of pay which includes the normal pay plus the payment of overtime.  Given,…

Q: Thomas Martin receives an hourly wage rate of $24, with time-and-a-half pay for all hours worked in…

A: Financial Management: Financial management comprises of two words i.e. Finance and management.…

Q: An employee earned $60,700 during the year working for an employer. The Federal Insurance…

A: Given that, Earning of employee = $60,700  FICA tax rate for medicare = 1.45% SUTA tax rate = 5.4%…

Q: During the first week of January, an employee works 44 hours. For this company, workers earn 150% of…

A: Gross pay is the amount payable to employee based on their actual salary without any deduction of…

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A: Gross earnings of workers means total earnings made by worker during the period. It includes regular…

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A: Gross pay= (regular hours worked *regular rate)+(Overtime hours*Overtime rate) Net pay= Gross Pay-…

Q: Family Flowers employs 17 people, of whom 14 earn gross pay of $660.00 each and 3 earn gross pay of…

A: Number of people employed are 17 Out of which 14 earn $660 each and 3 earn $740 each.