The company has 3 employees with the following working hours: A. 35 hours Tariff/hour IDR 700 B. 50 hours Tariff/hour IDR 900 C. 48 hours Tariff/hour IDR 1,200 The company stipulates the standard working hours of employees is 40 hours (minimum wage = 40 hours) while if it is above 40 hours the difference is considered as overtime with an overtime premium of 50% above the wage rate. The 15% tax is managed by the company. Requested: 1. Make an employee salary distribution 2. Calculate the net salary received by the employee 3. Make the required journal

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 appliance company has three installers. Larry earns $395 per week, Curly earns $440 per week, and…

A: (a) calculate SUTA and FUTA tax (in $) does the company owe for the first quarter of the year and…

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Q: During the first week of January, an employee works 48 hours. For this company, workers earn 150% of…

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Q: J. B. Kenton employs Sharla Knox at a salary of $33,700 a year. Kenton is subject to employer Social…

A: Salary: Salary means Employer gives payment to employees for the work contribution. Total cost…

Q: Ramirez Company has the following data for the weekly payroll ending January 31. Hours Employee M.…

A: Payroll accounting is done to record salaries and wages paid to the employees and what other…

Q: Universal Exporting has three warehouse employees: John Abner earns $422 per week, Anne Clark earns…

A: SUTA and FUTA are the payroll tax paid by the employers in the state and federal funds made for the…

Q: K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The…

A: Social security tax is 6% Medicare tax is 1.5% Computer programmer worked 53 hours administrator…

Q: LMN Company has 2 employees Bad and Sad who are paid on terms given below: Bad is working as a…

A: Monthly salary of Bad=OMR 2000 Commission @3% for the sales above OMR30,000 upto OMR 60,000…

Q: Ramirez Company has the following data for the weekly payroll ending January 31. Hours Hourly Rate…

A: Weekly Payroll Register: The weekly payroll register is the register of payroll of employees which…

Q: An appliance company has three installers. Larry earns $325 per week, Curly earns $470 per week, and…

A: Given that, Larry earns $325 per week Curly earns $470 per week  Moe earns $575 per week The…

Q: Hobby Hut has three employees.  Find the amount subject FUTA and the amount of the FUTA for this pay…

A: >FUTA stands for Federal Unemployment Tax Act. It is an act that imposes a payroll tax on…

Q: d in arrears (That is, when the employees are paid, the salaries paid are for work performed in the…

A: The reporting period is typically either for a month, quarter, or year. Organizations use the same…

Q: Crane Company has the following data for the weekly payroll ending January 31.     Hours…

A: Wages: Wages are the earnings of the employees for their work to the company they serve. These are…

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

A:

Q: 1. The pay stub of RollyDayse, employee No. 103 of DR Company, for a 2-week pay period. Gross…

A: The total money earned by a person from various sources for a particular period is referred to as…

Q: An appliance company has three installers. Larry earns $345 per week, Curly earns $470 per week, and…

A: Wages are the earnings earned by the factory workers of a corporation. Wages are treated as a direct…

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: 1. JYD Accounting Firm pays its employees at a rate of P50/hr. The tax and other deductions amount…

A: "As per bartleby guidelines we will solve the first question for you. If you want any specific…

Q: Mi Casa Restaurants of Las Cruces, New Mexico, has the following employees as of December 31: Annual…

A: Annual wages FUTA FUTA payable Ariana 36300 7000 x 0.6% 42 Mark…

Q: JYD Accounting Firm pays its employees at a rate of $50/hr. The tax and other deductions amount to…

A: Net pay = Gross pay - taxes and other deductions

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: K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The…

A: Gross Pay - It is total of amount of wages / salary which do not include any kind of deductions…

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: The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both taxes are applied to the…

A: Tax refers to the amount charged by the government from the individuals and organizations on the…

Q: Volpe Corporation has only four employees who are all paid $860 per week. Compute the total FICA…

A: Tax rate applies:

Q: An employee has year-to-date earnings of $115,400. The employee’s gross pay for the next pay period…

A: Earnings subject to tax = Wages base - year-to-date earnings = $118,500 - $115,400 = $3,100

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: Sunland Company has the following data for the weekly payroll ending January 31.     Hours…

A: Employees of Sunland company working hours are 1. L. Helton = 8 + 8 + 10 + 8 + 10 + 3 = 47 hours…

Q: White Lemon Cameras has the following employees: Annual Taxable Wages $12,600 $15,600 Employee Name…

A: Dear Student, Read the Question twice and understand properly. There 2 types of Tax dues are there.…

Q: Redmont Company's gross salaries and wages are $50,000, and it withholds $7,500 for income taxes and…

A: The journal entry would be: Date Account Titles and Explanations Debit Credit xxx Salary and…

Q: olpe Corporation has only four employees who are all paid $1,200 per week. Compute the total FICA…

A: The Federal Insurance Contributions Act is known as FICA. This law specifies how much money should…

Q: An appliance company has three installers. Larry earns $375 per week, Curly earns $490 per week, and…

A: FUTA stands for “Federal Unemployment tax Act” and SUTA stands for “State Unemployment tax Act.”…

Q: Zolnick Enterprises has two hourly employees-Kelly and Jon. Both employees earn overtime at the rate…

A: Bonus rate for Kelly = $22 x 1.5 times = $33 Bonus rate for Jon = $27 x 1.5 times = $40.5

Q: A company has four employees who each work 40 hours per week and earn $38 per hour. Federal tax on…

A: Payroll tax expense of employer includes social security tax , medicare tax and unemployment taxes.…

Q: An employee earns $36 per hour and 1.75 times that rate for all hours in excess of 40 hours per…

A: Regular earnings = (40 hours x $36 per hour) = $1,440Overtime earnings = (60 hours - 40 hours) x $36…

Q: JYD Accounting Firm pays its employees at a rate of $50/hr. The tax and other deductions amount to…

A: Gross pay is the total amount that is being payable to workers either on the basis of number of…

Q: Wallington Company has 100 employees, each earning $525.25 a week. OASDI Amount of OASDI tax…

A: PLEASE LIKE THE ANSWER, YOUR RESPONSE MATTERS          FICA taxes      Employee No.…

Q: Prepare the journal entry to record the January 31 payroll expense and salaries. The employer…

A:

Q: the current FUTA rate is 0.6% and the SUTA taxt rate is 5.4%. both taxes are applied to the first…

A: SUTA and FUTA are calculated on wages untill wages exceed $ 7000, Which means that if wages are less…

Q: An appliance company has three installers. Larry earns $375 per week, Curly earns $440 per week, and…

A: (a) Larry earns $375 per week (b) Curly earns $440 per week (c) Moe earns $595 per week (d) It is…

Q: An employee earns $1,500 a week and the deductions from that amount for her contributions to EI,…

A: Solution:- Calculation of the company record as salary expense for that week as follows:-…

Q: An employee has year-to-date earnings of $115,400. The employee’s gross pay for the next pay period…

A:

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

A: Gross Pay = Regular Pay + Overtime Pay  Net Pay = Gross Pay – FICA Tax – Federal Income Tax

Q: Senorita Private Limited operates a piecework system of remuneration, but also guarantees its…

A: Lets understand the basics. Time rate basis means amount is needs to pay based on the time given by…

Q: Artman Automotive in Nova Scotia employs four people. Their annual gross earnings are $40,800.00,…

A: Total annual assessment is the total assessable earnings multiplied by the premium rate. Total…

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

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