4. Two employees, C and D, are to be compared basedon their daily routine of work. Employee C can finish hisjob with an average of 1.35 hours and a standarddeviation of 0.09 hour, whereas Employee D can finishthe job with an average of 2.7 hours and a standarddeviation of 0.04 hour. Who is the more consistentemployee?a. Employee Cb. Employee5. Having a balance of P 6,000 in his previous billingstatement posted on March 1, Mr. Richards made apurchase of P 25,000 on March 8, and another purchasein the amount of P 10,000 on March 17. Determine theaverage daily balance (ADB) of the current statement ifthe next billing statement is on April 1.a. P12,903.23b. P21,000c. P25,833.33d. P30, 193.556. What is the present value of a debt of P 150,000 due in11 months at 6% simple discount?a. P 141,750b. P126,500c. P 98,365d. P 79,125

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Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 3EA: Fiona cleans offices. She is allowed 5 seconds per square foot. She cleans building A, which is 3000...

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Compute Keegan Jordan's earnings using the three methods described above. Assume the rate for Job A is $17.85 per hour and $19.95 per hour for Job B. Of the 44 hours worked during the week, 22 hours were completed for Job A and 22 hours complete for Job B. Higher Rate for Overtime Hours Regular Hours, Job A fill in the blank 5cd3d70a5fc9071_1 Hourly Rate, Job A $fill in the blank 5cd3d70a5fc9071_2 Regular Total Pay, Job A $ fill in the blank 5cd3d70a5fc9071_3 Regular Hours, Job B fill in the blank 5cd3d70a5fc9071_4 Hourly Rate, Job B fill in the blank 5cd3d70a5fc9071_5 Regular Total Pay, Job B fill in the blank 5cd3d70a5fc9071_6 Overtime Hours fill in the blank 5cd3d70a5fc9071_7 Overtime Rate fill in the blank 5cd3d70a5fc9071_8 Overtime Total Pay fill in the blank 5cd3d70a5fc9071_9 Total Gross Earnings $ fill in the blank 5cd3d70a5fc9071_10
1- you will enter the DCL, OH, BCL, M$, and M% that report for each of your staff for the entire project, so don't forget to multiply the hourly figures by the number of hours per employee. (Omit the $$ sign, and use 2 decimal places. Example: 1234.56) Principle: DCL OH BCL M$ M% Project manager: DCL OH BCL M$ M% Project engineer DCL OH BCL M$ M% Staff engineer DCL OH BCL M$ M% AutoCAD technician DCL OH BCL M$ M% Administrative Assistant DCL OH BCL M$ M% 2- You will also enter the TOTAL DCL, OH, BCL, M$ AND M% for the project as a whole. 3- The target profit margin (M%) for your firm is: (Omit the % sign, and use 1 decimal place. Example: 12.3) 4- The 'ideal' annual salary for the Principal at his current billing rate is: (Omit the $ sign, and don't include cents. Example: 123,000) 5- The 'ideal' annual salary for the Project Manager at her current billing rate is: (Omit the $ sign, and don't…
Q1. After selection of an Employee, the Human Resource Department decide the following salary breakup. Employee Base pay = Rs.17 (Per Regular hrs.) + Rs.50 (Per Week Bonus) Employee working hrs. Per Week = 60hrs (40 regular hrs. 20 overtime hrs.) Case # 01 So: Calculate the actual regular pay rate per hour. Calculate the overtime rate per hour. Calculate the Total pay for a month. Q2. If the Basic Salary of the employee is Rs.12000 Calculate the Total Gross Remuneration of that particular employee.
The accounting clerk at Tenity Enterprises is paid $10.40 per hour. During a week’s pay period, the employee worked 38 hours and 40 minutes. Based on a hundredth-hour pay method, what is the gross pay for the period? A. $402.54B. $401.81C. $402.13D. $401.75
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 above
Fiona cleans offices. She is allowed 5 seconds per square foot. She cleans building A, which is 3000 square feet, and building B. which is 2,460 square feet. Will she finish these two buildings in an 8-hour shift? Will she have time for a break?
A. What is the cost per minute for activities in Personnel? B. What is the cost of interviewing and hiring one employee? C. How many minutes of unused capacity did Personnel have for the year? D. What was the cost of the unused capacity in Personnel?
Q1. After selection of an Employee, the Human Resource Department decide the following salary breakup. Employee Base pay = Rs.17 (Per Regular hrs.) + Rs.50 (Per Week Bonus) Employee working hrs. Per Week = 60hrs (40 regular hrs. 20 overtime hrs.) Case # 01 So: Calculate the actual regular pay rate per hour. Calculate the overtime rate per hour. Calculate the Total pay for a month.
Use the following data to found total wages by using ( Halsy method ). 1- Saved time ( 2.5) hour every one . 2- Actual time ( 12 ) hour . 3- Standard time ?. 4- Rate per hour ( 15500 ) D. 5- The number of worker ( 20 ) worker .
Choose the best definition of gross pay A. The number of hours over 40 that are worked in a week. B. A fixed amount of wages paid, usually on a yearly basis, regardless of how many hours are worked. C. The amount of money earned for a specific amount of time before any deductions are made.
1.If an employee works two jobs at two different wage rates for the same employer during the same pay week, any overtime pay must be calculated by using an overtime hourly rate of: a.one and one-half the lower of the two wage rates. b.one-half of the higher of the two wage rates. c.one-half of the two rates combined. d.one and one-half the higher of the two wage rates. e.None of these choices are correct. 2.Rest periods and coffee breaks may be required by all of the following except: a.a municipal legislation. b.a state legislation. c.a union contract. d.the FLSA. e.None of these choices are correct. 3.The FICA tax rates for the self-employed are: a.6.2% (OASDI) and 2.9% (HI). b.6.2% (OASDI) and 1.45% (HI). c.12.4% (OASDI) and 1.45% (HI). d.10.0% (OASDI) and 1.0% (HI). e.None of these choices are correct. 4.If the employer has made timely deposits that pay the FUTA tax liability in full, the filing of Form 940 can be delayed until: a.February 10. b.February 1.…
4. Sam Tully works two separate jobs for Mountain Company. During the week, Job A consisted of 38 hours at $20 per hour; Job B involved 15 hours at $14 per hour.What is Sam’s total earnings for this workweek if Mountain Company uses the average rate basis for calculating overtime?

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