Use the information provided below to calculate Samantha's remuneration for 17 March 2022. INFORMATION Samantha's normal wage is R300 per hour and her normal working day is 8 hours. The standard production time for each employee is 4 units for every 30 minutes. On 17 March 2022, Samantha's production was 76 units. Using the Halsey bonus system, a bonus of 50% of the time saved is given to employees.
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- Accounting for bonus and vacation pay Cathy Muench a factory worker, earns 1,000 each week. In addition, she will receive a 4,000 bonus at year-end and a four-week paid vacation. Prepare the entry to record the weekly payroll and the costs and liabilities related to the bonus and the vacation pay, assuming that Muench is the only employee.Calculate an employees total earnings if the company pays time-and-a-half when Jill Smith works 41 hours at 15 per hour. a. 600.00 b. 615.00 c. 622.50 d. 635.00 e. None of the aboveEmployees at Rayon Enterprises earn one day a month of vacation compensation (twelve days total each year). Vacation compensation is paid at an hourly rate of $45, based on an eight-hour work day. Rayons first pay period is January. It is now April 30, how much vacation liability has accumulated if the company has four employees and no vacation compensation has been paid? A. $1,440 B. $4,320 C. $5,760 D. $7,200
- 1) Calculate Mary’s earnings for 31 October 2023 using the straight piecework wage incentive scheme. Information Mary is employed by Menton Manufacturers to sew dresses. The standard time to sew one dress is 40 minutes. She is paid R120 per hour and the normal working time is 8 hours per day. If she sews more than her quota, she receives 1.5 times the hourly rate on the additional output. On 31 October 2023 she sewed 18 dresses. _________________________________________________________________________________ 2) Calculate the net salary of H. Gordon for December. H. Gordon’s basic annual salary is R240 000. He receives an annual bonus of 80% of his basic monthly salary, payable in December each year. His pension deduction is 8% of the basic salary and income tax is levied at 20% on his taxable income. _________________________________________________________________________________ 3) Calculate the economic order quantity for the year. Suntan Limited produces a product which has a…18. An employee working under a bonus scheme saved 4 hours in a job for which the standard time is 32 hours. Calculate the rate per hour worked and wages payable for the time taken under the following aternative schemes. (Award rate $. 2 per hour). (i) Employee receives an increase in the hourly rate based on the percentage that the time saved bears to the time set. (ii) A bonus of 10 per cent on award rate is payable when standard time (namely. 100 per cent efficiency) is achieved plus a further bonus of 1 per cent on award rate for each 1 per cent in excess of that 100 per cent efficiency.PROBLEM: The Norman Company recently adopted an incentive plan. Factory workers are paid P7.50 per unit with a guaranteed minimum wage of P2,000 per week. Following is a report on employee’s productivity for the week ending May 19, 2019. All employees worked the full 40-hour week. WEEKLY SUMMARY Employee's Name Units ProducedCruz R. Cruz 240 J. Briones 286 C. David 275 A. Mendoze 240 F. Rivera 225 R. Tolentino 285 Required: 1.Compute each employee’s gross pay Work in Process Factory Overhead Control Employee’s Name Units Produced Piece Rate Total Pay Guaranteed Wage Difference (FOC) Total Gross Pay R. Cruz…
- 5. Four factory workers and a supervisor make a team in the Machining Department. The supervisor earns P100 per hour, and the combined hourly charge of the four workers is P320. Each employee is entitled to a 2-week paid vacation and a bonus equal to 4 week's wages each year. Vacation pay and bonuses are treated as indirect costs and are accrued over the 50 week work year. A provision in the union contract does not allow these employees to work in excess of 40 hours per week. What is the amount to be charged to Manufacturing Overhead Control account? Using the data in No. 5, what is the estimated liability for bonus? Using the data in No. 5, what is the estimated liability for vacation pay?A workers wages for a guaranteed 44 hours per week is 0.75 per hour the estimated time to produce 1 article is 30 minutes and under incentive scheme the time allowed is increased by 20% During a week a worker produced 100 article calculate wages under hasley and Rowan plansRebecca Huang receives a regular salary of $3,120 a month and is paid 1½ times the regular hourly rate for hours worked in excess of 40 per week. a. Calculate Huang’s overtime rate of pay. If required, round your answer to the nearest cent.$ overtime pay per hour b. Calculate Huang’s total gross weekly pay if she works 43 hours during the week. If required, round your answer to the nearest cent.$
- Use the information provided below to calculate the earnings of jackie for 25 May 2021 using the straight piecework wage incentive scheme Jackie is employed by Asic clothing manufacturers to sew jersey. The standard time to sew one jersey is 30 minutes. She is paid R100 per day and normal working time is 8 hours per day. If she sews more than her quoya, she receives twice the hourly rate on thr additional output. On the 25 may she sewed 20 jerseys1.1 Calculate the daily remuneration of W. Rooney using Taylor’s differential piecework system from the information provided.INFORMATIONThe following information relates to W. Rooney, an employee of Manchester Enterprises:1. W. Rooney’s standard workday is 9 hours. His standard production time is 55 units per hour.2. His normal wage rate is R73 per hour. He is remunerated in terms of Taylor’s differential piecework system wherebythe following premium applies:3. 80% of piecework rate if below standard4. 120% of piecework rate if standard or above standard5. W. Rooney’s production is 300 units per day.Cabrera Accounting pays Shanaya Kapoor $63,480 per year.(Round your answers to two decimal places when needed and use rounded answers for all future calculations).1. What is the hourly cost to Cabrera Accounting of employing Shanaya Kapoor? Assume it is a 31 hour work week and the work 50 weeks a year. Weeks per year ? Hours per week = Work hours per year = Yearly Rate ? Hours per year = Cost per hour = 2. What is the direct labor cost assigned to Client 123 when Shanaya Kapoor works 18 hours to prepare Clients 123 financial statements? Hours worked ? Rate per hour = Direct Labor Cost =