Preethi is a salaried, nonexempt administrative assistant and is paid semimonthly. Preethi is married filing joint with
Question:
Preethi is a salaried, nonexempt administrative assistant and is paid semimonthly. Preethi is married filing joint with five dependents under 17. Annual salary is $65,000 with a standard work week of 37.5 hours. During the pay period, 10 hours of overtime were worked. Compute the gross pay for the period ending August 20.
Transcribed Image Text:
Name Filing Period Status Salary Hourly Rate Overtime Rate No.of Overtime Hours Reg. Earnings Overtime Gross Earnings Earnings
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
To calculate Preethis gross pay for the pay period ending August 20 we need to consider ...View the full answer
Answered By
Aketch Cindy Sunday
I am a certified tutor with over two years of experience tutoring . I have a passion for helping students learn and grow, and I firmly believe that every student has the potential to be successful. I have a wide range of experience working with students of all ages and abilities, and I am confident that I can help students succeed in school.
I have experience working with students who have a wide range of abilities. I have also worked with gifted and talented students, and I am familiar with a variety of enrichment and acceleration strategies.
I am a patient and supportive tutor who is dedicated to helping my students reach their full potential. Thank you for your time and consideration.
0.00
0 Reviews
10+ Question Solved
Related Book For
Payroll Accounting 2023
ISBN: 9781264415618
9th Edition
Authors: Jeanette M. Landin, Paulette Schirmer
Question Posted:
Students also viewed these Business questions
-
Betsy is a salaried nonexempt worker who earns $39,500 per year for a 40-hour workweek. During a weekly pay period, she worked the following hours: Day Hours Minutes Monday 8 22 Tuesday 8 45...
-
Beasley is a salaried nonexempt accounting clerk contracted to work 40 hours per week. How should overtime be determined, according to FLSA? 1. Any hours worked in excess of 40 during a consecutive...
-
Jacques Beasley is a salaried nonexempt accounting clerk for Verent Enterprises who is contracted to work 45 hours per week. How should his overtime be determined, according to FLSA?
-
Using Dirac delta functions in the appropriate coordinates, express the following charge distributions as three-dimensional charge densities p(x). (a) In spherical coordinates, a charge Q uniformly...
-
Mangia Pizza Company makes frozen pizzas that are sold through grocery stores. Mangia uses two types of direct labor: machine operators and packers. Mangia developed the following standard mix for...
-
Refer to the bond details in Problem 14-5B. Required 1. Prepare the January 1, 2017, journal entry to record the bonds' issuance. 2. Determine the total bond interest expense to be recognized over...
-
The 2015 annual report of the Procter & Gamble Company (P&G) is available at www.pginvestor.com. After reviewing P&Gs annual report, respond to the following questions: a. When does P&G recognize...
-
What does it mean to say that individuals as a group are net suppliers of funds for financial institutions? What do you think the consequences might be in financial markets if individuals consumed...
-
5 Exercise 12-6 (Algo) Simple Rate of Return Method [LO12-6] mts eBook Hint Print ferences The management of Ballard MicroBrew is considering the purchase of an automated bottling machine for...
-
Using the data in the student spreadsheet file P&G.xlsx (to find the student spreadsheets for Financial Analysis with Microsoft Excel, seventh edition, go to www.cengagebrain.com) forecast the June...
-
What is one of the three methods for employees to receive retroactive pay?
-
What amount did the Final Rule stipulate as to the minimum wage for salaried workers?
-
A construction firm has a contract to build an office building that is expected to take three years to complete. Would it be desirable for the construction firm to wait until the building is...
-
Problem 1: In the circuit below AVbat = 4V and C = 1 F, C=2 F, C3 = 3 F, C=3 F. (a) What is Ceq? (b) What is Q1, the charge on C? (c) What is Q2, the charge on C? (d) What is Q3, the charge on C3?...
-
1. A company is considering a project which will initially cost $335090. It believes this project will generate a stream of cash flows of $30804 per annum forever. Calculate the IRR (%) of this...
-
Assess whether the current economic policies of Guyana align with the ideologies of prominent economic theorists such as Adam Smith, David Ricardo, Karl Marx, or John Maynard Keynes. Delve into the...
-
Data Structures and Abstractions with Java , complete the following: # 1 0 what is the Big Oh of the following computation: int sum = 0 ; for ( int counter = n; counter > 0 ; counter = counter - ...
-
A bond has a face value of $1,000, which has two years remaining until maturity and pays a 7% annual coupon. It is currently priced at $1097. What is the bond's current yield?
-
Draw the mesh network for interconnecting nine parallel processors.
-
List four items of financial information you consider to be important to a manager of a business that has been operating for a year.
-
Taken from a managerial point of view, what do you think is the major OB challenge facing businesses today?
-
Compare and contrast the three levels of OB analysis.
-
Describe the two main levels of diversity. Give an example for each.
-
You are about to purchase your first home, and after putting the down payment you are about to take a loan for $ 4 5 0 , 0 0 0 . The current annual rate for a 3 0 - year mortgage is 7 . 8 3 %...
-
If a 25-year ordinary annuity has a present value of 14,643, and an interest rate of 13.0%, what is the amount of each annuity payment to the nearest whole dollar? Question 7 4 pts You are...
-
5. More banks charge an ATM transaction fee for withdrawals than for deposits. What might be the reason for this? 6. If the ABC Bank charges $1.00 per transaction and you use its ATMs 12 times per...
Study smarter with the SolutionInn App