xamine each of the following independent circumstances and identify the type of pay period (weekly, biweekly, semimonthly, or monthly) being utilized. Then indicate whether the pecified workweek is FLSA compliant or noncompliant. Fredrick's Fumiture's most recent pay period ended on Wednesday, 9/15/2021, with paychecks printed and distributed one week later. The subsequent pay period ended on Thursday, 9/30/2021. The employer's two most recent work weeks (both of which began at 12:00 a.m. and ended at 11:59 p.m.) ran from Wednesday, 9/16, through Wednesday, 9/22, and Thursday, 9/23, through Thursday, 9/30. Type of Pay Period? A. Weekly B. Biweekly C. Semimonthly D. O Monthly Indicate whether the specified workweek is FLSA compliant or noncompliant. A Compliant

Century 21 Accounting General Journal
11th Edition
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Chapter12: Preparing Payroll Records
Section: Chapter Questions
Problem 1AP
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PSc 2-3 Calculate Weekly Regular Earnings
Calculate the weekly regular earnings for each of the following employees:
NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.
1: Marty Weber earns $8.60/hour and worked 34 hours during the most recent week.
Weekly regular earnings = $
2: Jeff Stevens earns an annual salary of $85,000.
Weekly regular earnings = $
3: Thomas Dearing earns $20.05/hour and worked 35 hours during the most recent week.
Weekly regular earnings = $
4: Melanie Maddox earns an annual salary of $174,200.
Weekly regular earnings = $
5: Lauren Baughman earns $25.70/hour and worked 31 hours during the most recent week.
Weekly regular earnings = $
Transcribed Image Text:PSc 2-3 Calculate Weekly Regular Earnings Calculate the weekly regular earnings for each of the following employees: NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. 1: Marty Weber earns $8.60/hour and worked 34 hours during the most recent week. Weekly regular earnings = $ 2: Jeff Stevens earns an annual salary of $85,000. Weekly regular earnings = $ 3: Thomas Dearing earns $20.05/hour and worked 35 hours during the most recent week. Weekly regular earnings = $ 4: Melanie Maddox earns an annual salary of $174,200. Weekly regular earnings = $ 5: Lauren Baughman earns $25.70/hour and worked 31 hours during the most recent week. Weekly regular earnings = $
PSc 2-1: Identify Pay Periods & Evaluate Workweeks
Examine each of the following independent circumstances and identify the type of pay period (weekly, biweekly, semimonthly, or monthly) being utilized. Then indicate whether the
specified workweek is FLSA compliant or noncompliant.
Fredrick's Furniture's most recent pay period ended on Wednesday, 9/15/2021, with paychecks printed and distributed one week later. The subsequent pay period ended
on Thursday, 9/30/2021. The employer's two most recent work weeks (both of which began at 12:00 a.m. and ended at 11:59 p.m.) ran from Wednesday, 9/16, through
Wednesday, 9/22, and Thursday, 9/23, through Thursday, 9/30.
Type of Pay Period?
A.
Weekly
В.
Biweekly
C.
Semimonthly
D.
Monthly
Indicate whether the specified workweek is FLSA compliant or noncompliant.
A.
Compliant
B. O Noncompliant
Capital Tile recently changed its pay period such that it now runs from Friday through Thursday each week. The workweek also begins on Friday; however it starts at 8:00
a.m. and runs through the following Friday at 7:59 a.m.
Type of Pay Period?
A.
Weekly
В.
Biweekly
C.
Semimonthly
D.
Monthly
Indicate whether the specified workweek is FLSA compliant or noncompliant.
A.
Compliant
В.
Noncompliant
Atlantic Mechanical compensates its employees 24 times each year. During the summer months, its workweek begins on Friday at 12:00 a.m. and runs through Thursday
at 11:59 p.m. During all other months (September through May), its workweek begins on Monday at 12:00 a.m. and runs through Sunday at 11:59 p.m.
Type of Pay Period?
A.
Weekly
В.
Biweekly
C.
Semimonthly
D.
Monthly
Indicate whether the specified workweek is FLSA compliant or noncompliant.
A.
Compliant
B.
Noncompliant
Transcribed Image Text:PSc 2-1: Identify Pay Periods & Evaluate Workweeks Examine each of the following independent circumstances and identify the type of pay period (weekly, biweekly, semimonthly, or monthly) being utilized. Then indicate whether the specified workweek is FLSA compliant or noncompliant. Fredrick's Furniture's most recent pay period ended on Wednesday, 9/15/2021, with paychecks printed and distributed one week later. The subsequent pay period ended on Thursday, 9/30/2021. The employer's two most recent work weeks (both of which began at 12:00 a.m. and ended at 11:59 p.m.) ran from Wednesday, 9/16, through Wednesday, 9/22, and Thursday, 9/23, through Thursday, 9/30. Type of Pay Period? A. Weekly В. Biweekly C. Semimonthly D. Monthly Indicate whether the specified workweek is FLSA compliant or noncompliant. A. Compliant B. O Noncompliant Capital Tile recently changed its pay period such that it now runs from Friday through Thursday each week. The workweek also begins on Friday; however it starts at 8:00 a.m. and runs through the following Friday at 7:59 a.m. Type of Pay Period? A. Weekly В. Biweekly C. Semimonthly D. Monthly Indicate whether the specified workweek is FLSA compliant or noncompliant. A. Compliant В. Noncompliant Atlantic Mechanical compensates its employees 24 times each year. During the summer months, its workweek begins on Friday at 12:00 a.m. and runs through Thursday at 11:59 p.m. During all other months (September through May), its workweek begins on Monday at 12:00 a.m. and runs through Sunday at 11:59 p.m. Type of Pay Period? A. Weekly В. Biweekly C. Semimonthly D. Monthly Indicate whether the specified workweek is FLSA compliant or noncompliant. A. Compliant B. Noncompliant
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