Jim Brewer, owner of Arrow Company, has three employees who earn $200, $800, and $950  a week. Assume a state SUTA rate of 5.1%. What will Jim pay for state and federal  unemployment taxes for the first quarter? Note: FUTA remains at .006 whether SUTA rate is higher or lower than standard

Q: Donald Chin works for Northwest Supplies. His rate of pay is $12.00 per hour, and he is paid 1½…

A: 1. Compute Chin's regular pay, overtime pay, gross pay, and net pay.

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: Sadie White receives an hourly rate of $30, with time and a half for all hours worked in excess of…

A: Lets understand the basics. Net amount paid is a gross salary less deductions made.  Gross salary is…

Q: An employee receives an hourly rate of $18, with time and a half for all hours worked in excess of…

A: Introduction:- The following basic information as follows under:- Federal income tax withheld, $144…

Q: An employee receives an hourly wage rate of $15, with time-and-a-half for all hours worked in excess…

A: Payroll accounting is a part of accounting which is made to record transaction made in the favor of…

Q: Peter Greeda's regular hourly wage rate is $13, and he receives 1.5 times his normal rate for hours…

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

Q: Sadie White receives an hourly rate of $30, with time and a half for all hours worked in excess of…

A: Given: Hourly rate = $30 Federal income tax = $48 Social security tax = 6% Medicare = 1.5% For over…

Q: Sky Co. employed Tom Mills in Year 1. Tom earned $5,300 per month and worked the entire yearAssume…

A: Tax refers to the financial charge which is compulsory in nature and it is imposed through the…

Q: Dan Smith receives an hourly wage rate of $30 if Dan worked 40 hours for the current week and the…

A: Total wages = hourly wage rate x no. of hours worked = $30 x 40 hours = $1200

Q: Sadie White receives an hourly rate of $30, with time and a half for all hours worked in excess of…

A: Formula used : Number of Excess hours worked = Total hours worked - Weekly working hours

Q: Carbon Neutral Inc. has four employees who work on an hourly basis and are paid semi-monthly. The…

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

Q: Given the following, calculate the state (assume 5.3%) and federal unemployment taxes that the…

A: The State Unemployment Tax Act, or SUTA, is a payroll tax that employers must pay to their…

Q: Liam Wallace is general manager of Countrywide Salons. During 2018, Wallace worked for the company…

A: The gross pay is the amount of total annual salary and bonus earned by an employee. The net pay is…

Q: Gary Marks is paid on a monthly basis. For the month of January of the current year, he earned a…

A: Payroll Taxes = FICA SS Tax + FICA Medicare Tax + FUTA Tax + SUTA Tax= 544.87+ 127.42 + 42 +…

Q: Sadie White receives an hourly rate of $30, with time and a half for all hours worked in excess of…

A: Payroll- Payroll refers to the process of making payments to a company's employees. This process…

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: 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 $16 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: a. Gross pay = Normal pay + Overtime pay = $16*40 + 1.5* $16* (55-40)Gross pay = $640 + $560 Gross…

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

A:

Q: Given the following, calculate the state (assume 5.3%) and federal unemployment taxes that the…

A: SUTA rate = 5.3% FUTA rate = 0.8% Also , it is given that the tax is to be applied for the first…

Q: An employee receives an hourly rate of $23.00, with time and a half for all hours worked in excess…

A: After withholdings have also been deducted from an employee's gross wage, net compensation is the…

Q: An employee receives an hourly wage rate of $23, with time-and-a-half for all hours worked in excess…

A: Definition: The net amount payable to the employee is the amount paid net of taxes. It is calculated…

Q: Paula Ryan pays her two employees $410 and $650 per week. Assume a state unemployment rate of 5.4%…

A: Introduction:- A tax is a governmental organization's mandatory financial charge or other type of…

Q: An employee earns $36 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: Solution:- a) Calculation of the gross pay for the week as follows:-

Q: An employee receives an hourly rate of $22, with time and a half for all hours worked in excess of…

A: The entire amount of fixed earnings earned during a specific time period is referred to as a…

Q: Thomas Martin receives an hourly wage rate of $17, with time-and-a-half pay for all hours worked in…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Dixon Sales has six employees that receive weekly paychecks. Each employee earns $14.00 per hour and…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: Westway Company pays Suzie Chan $3,060 per week. Assume Social Security is 6.2% on $128,400 and…

A: 1. Social Security Deduction = Payment per week ($3,060) x No of weeks in a year (52) x 6.2% =…

Q: Peter Greeda's regular hourly wage rate is $13, and he receives 1.5 times his normal rate for hours…

A: Gross earnings for the period = (40 hours x Wages rate per hour) + (Hours in excess of 40 hours x…

Q: Sadie White receives an hourly rate of $30, with time and a half for all hours worked in excess of…

A: Introduction: Excess hours worked: In general the number of hours to be worked in a week is 40 hours…

Q: Jason's gross pay for the week is $1,800. His year−to−date pay is under the limit for OASDI.…

A: When companies have employees then they are liable to pay taxes for each employee on the payroll or…

Q: Portia Grant is an employee who is paid monthly. For the month of January of the current year, she…

A: Net pay is the amount of compensation that remains available for distribution to an employee after…

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: Using the information above, what amount is the check, netof all deductions, that Gabe received for…

A: Solution:- Given, During the first week of February, Gabe Hopen earned $300. The FICA taxes are…

Q: Thomas Martin receives an hourly wage rate of $22, with time and a half for all hours worked in…

A: Based on the given information, Excess hours worked = 44-40 = 4 hours Normal wage rate for hours…

Q: Thomas Martin receives an hourly wage rate of $25, with time-and-a-half pay for all hours worked in…

A: Gross pay for martin = Regular earning + Overtime earnings

Q: Jason's gross pay for the week is $1,900. His yearly pay is under the limit for OASDI. Assume that…

A: When a company records the compensation of its employees, such type of accounting is known as…

Q: Less Nessman, owner of Flying Turkeys Corporation, has three employees who earn $500, $600, and…

A: Statement showing calculation of amount of contribution to state and federal unemployment by Less…

Q: An employee earns $16 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: a. Gross pay for the week 1120.00   b. Net pay for the week 778.00           Working Notes:…

Q: Rick O’Shea, the only employee of Hunter Furniture Company, makes $30,000 per year and is paid once…

A: Employee is liable for some payroll taxes. Hence while paying the wages, employer deducts the…

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 earns $36 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: Gross pay for the week = (Normal rate × Normal hours) + (Bonus rate × Additional hours) Net pay for…

Q: The Wash Your Paws Self-Service Dog Wash, a California business, had two employees during the year.…

A: FUTA unemployment tax rate is 6%, when the company pays state unemployment tax, then it is entitled…

Q: Alfred Spindle earned gross wages of $1,600 for the week ended June 21, 20XL. His gross wages year…

A: Solution:- Given, Alfred Spindle earned gross wages = $1,600 for the week ended June 21, 20X1.…

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

A: Gross pay = Regular pay + Overtime pay   Net pay = Gross pay - Federal income taxes withheld -…

Q: Thomas Martin receives an hourly wage rate of $21, with time-and-a-half pay for all hours worked in…

A: Gross pay = Regular pay + Overtime pay