Questions and Answers of Payroll Accounting 2018

LO 3-5 Preethi is a salaried, nonexempt administrative assistant and is paid semimonthly.Preethi is married filing jointly with five dependents under 17.Annual salary is $65,000 with a standard
LO 3-1, 3-2 Parker is the concierge at the Trans-Canada Resort in Michigan. Parker is single with one other dependent and receives the standard tipped hourly wage for the state. During the week
LO 3-1, 3-2 Determine the gross pay for each of the piece-rate workers at Perigen Snowsports. If the employees have a standard 37.5-hour workweek, determine their effective hourly rate. Based on the
LO 3-1, 3-2 Outbound sales representatives at Alindu Magazines in Arizona receive a$20 commission on all new customers they sign up for new magazine subscriptions.Each Outbound sales representative
LO 3-4, 3-5 Pat is married, filing jointly with two other dependents, is paid $17.25 per hour and receives a commission on sales. No commission is paid out until sales exceed $60,000. Once the
LO 3-3 Devin earns $15.30 per hour at Jolly Creamery. Compute the pay under both the hundredth-hour and quarter-hour systems. The company is considering switching from a quarter-hour method to a
LO 3-4, 3-5 Charlie is a shared employee who works in the accounting department and has been trained to work at the front desk in times of need. During one weekly pay period, Charlie was asked to
LO 3-2 Kenete is a salaried exempt employee at Big State College with a contract that stipulates 35 hours per week at $57,000 per year. Kenete is married, filing jointly, with two dependents under
LO 3-3 Andy worked the following schedule: Monday, 7 hours 42 minutes; Tuesday, 8 hours 23 minutes; Wednesday, 9 hours 28 minutes; Thursday, 8 hours 12 minutes; Friday, 8 hours 6 minutes. The
LO 3-6 Ret is an employee earning a base salary of $27,200 plus an 8 percent commission on all sales. Ret is married filing jointly with four dependents, three under 17 and one other. During the
LO 3-4, 3-5 Cax is an hourly employee, single with no dependents, and earns $16.25 per hour. During a biweekly pay period ending February 17, Cax worked 88.5 hours. Complete the payroll register with
LO 3-5 Parker is a salaried, nonexempt administrator for Forise Industries and is paid biweekly. The annual salary is $63,000 with a standard workweek of 40 hours. During the pay period ending
LO 3-1, 3-2, 3-4 Reed is a waiter at Albicious Foods in South Carolina. Reed is single with one other dependent and receives the standard tipped hourly wage.During the week ending October 20, 2023,
LO 3-1, 3-2 Each of the following workers is a piece-rate worker at Golden Boats in Connecticut. If the employees have a standard 40-hour workweek, what is their effective hourly wage? Based on the
LO 3-1, 3-2 Telemarketers receive a $15 commission on all new customers that sign up for cell phone service through Movill Networks in Mississippi. Each telemarketer works 40 hours. The company ran a
LO 3-5 Terry, a single employee with two dependents under the age of 17, is paid$12 per hour and receives a commission on net sales for a company in Russelville, Oklahoma. No commission is received
LO 3-3 Winter submitted a pay card reflecting the following hours worked at Kicy, Inc. Winter earns $16.02 per hour. The company pays overtime only on hours worked exceeding 40 per week. The company
LO 3-5 Lann works for Talbert Electronics. As a shared employee, Lann works in the manufacturing department and has been trained to work the sales counter when needed. During this period Lann was
LO 3-2 Bobi is a salaried exempt employee at Coric Industries. Bobi is married and filing jointly with two dependents under 17. The contract stipulates a 40-hour work week at $47,500 per year. During
LO 3-3 Brick worked the following schedule: Monday, 9 hours; Tuesday, 7 hours 30 minutes; Wednesday, 8 hours 48 minutes; Thursday, 8 hours 25 minutes;Friday, 8 hours. The employer pays overtime for
LO 3-6 Latan is an employee of Giant Computers, where the job responsibilities include selling computers and software to customers. Latan is married and filing jointly with two dependents under 17.
LO 3-5 Mikah is a salaried, exempt employee with CaxKyat Stores. Mikah is single with one dependent under 17 and earns $35,568 per year. Complete the payroll register for the biweekly pay period
3-4. Would you like to watch a video to learn more about FLSA’s treatment of minimum wage, hours worked, and overtime? Check out the following links:Topic 2: Minimum Wage Topic 4: Hours Worked
3-3. Want to learn more about the concepts in this chapter? Check out www.dol.gov/whd/minwage/america.htm www.flsa.com/coverage.html http://webapps.dol.gov/elaws/otcalculator.htm
3-2. Go to www.accountingtools.com/podcasts and look for payroll-related podcasts.Once you have listened to one or more podcasts, what do you feel was the most interesting information you learned?
3-1. Using a search engine such as Google, Yahoo, or Bing, search “commission-based pay.” Sites such as the Society for Human Resource Management (www.shrm.com)have many articles about
3.3 Many states offer incentives to hire individuals with physical or mental disabilities. When doing so, the employer must receive a specific waiver allowing them to pay sub-minimum wage. This can
3-2. You are the owner of Veiled Wonders, a firm that makes window treatments. Some merchandise is custom-made to customer specifications, and some are mass-produced in standardized measurements.
3-1. West Virginia State University has a policy of hiring students to work in its bookstores and cafeterias. Assuming that 138 students work for the university at minimum wage rates, what is the
LO 3-7 A 19-year-old accounting clerk with Quijen Accounting Solutions(there is not a state minimum wage) received $369.75 for the first biweekly pay covering 87 regular hours. Did the employer pay
LO 3-4 A piece-rate employee receives $30 for each desktop computer assembled and has a standard 40-hour workweek. During the weekly pay period ending December 15, 48 computers were assembled during
LO 3-1, 3-2 An outside sales representative in Albuquerque, New Mexico, receives a 4 percent commission on all new policies in the sales territory. During the pay period ending April 14, $150,000 of
LO 3-4 Hayden is the concierge at Hotel Amize and is a nonexempt employee earning $18 per hour plus a $250 biweekly bonus based on customer reviews. During the pay period of November 26 through
LO 3-2 Egon completed 1,750 pieces on a 2,000-piece contract. There is a bonus earned if the individual exceeds 115 percent of the piece contract. How many more pieces must Egon complete in the
LO 3-7 Averill is 18 years of age, and a new employee in Hendersonville, Tennessee. What is the minimum hourly wage that may be received during the first 90 days of employment?1. $9.47 per hour 2.
LO 3-5 Of the following items listed, which ones should appear in a payroll register?(Select all that apply.)1. Gross pay 2. Hourly rate 3. Period ending date 4. Office number
LO 3-4 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
LO 3-4 What are the two methods an employer may use to determine a tipped employee’s overtime compensation?1. Compute gross pay based on the minimum cash wage plus tips.2. Compute gross pay based
LO 3-3 Dorian is a stocker at a factory outlet, paid hourly earning $12.45 per hour.During a one-week period, Dorian worked 39 hours and 19 minutes. How much would the gross pay be under the
LO 3-2 Amari is an interior designer for Only Qex Designs. Amari is paid based on the number and complexity of the customer designs generated. What pay basis most accurately describes this
LO 3-1 Brett is a waitperson at a diner in Vermont. Brett earns the tipped minimum wage. During a 40-hour workweek in February 2023, how much must Brett earn in tips to satisfy the minimum wage
LO 3-1 Caelen is a tipped employee at Wild Waves in Maine. What is the minimum tipped wage for the area, assuming receipt of tips in excess of $30 per pay period?1. $9.35/hour 2. $2.13/hour 3.
LO 3-1 Which one of the following workers is covered by FLSA provisions? (Select all that apply.)1. Factory manager for an international company 2. Part-time babysitter earning $1,000 annually 3.
LO 3-1 A minimum wage worker in Oklahoma is contemplating moving to a state with a more favorable minimum wage. Which of the following states should be chosen? (Select all that apply.)1. Texas 2.
LO 3-7 Rico Musgrove is an 18-year-old worker in the receiving department of Trynix, Inc. in Alabama. Rico received $170.00 gross pay for 40 hours of work on the first paycheck. Did the employer pay
LO 3-4 Corey, a nonexempt salesperson with Verent Enterprises, earns a base annual salary of $30,000 with a standard 40-hour workweek. In addition, a 3 percent commission on all sales during the pay
LO 3-1, 3-2 Shawn, an outside sales representative for Marosh Communications in Caldwell, Idaho, receives a 20 percent commission on all new marketing packages sold within the sales territory. During
LO 3-4 Rey is a nurse at Central City Hospital and is paid $32.50 per hour for a 40-hour standard workweek. During the biweekly pay period from January 9–20, Rey worked a total of 87 hours. What is
LO 3-2 Casey finished designing 22 custom cakes on an 18-cake contract as an employee of Yuan Fox Wedding Planners. There is a bonus earned if the individual exceeds 145 percent of their piece-rate
LO 3-7 Jude is a full-time student working in the library at Sioux City College in Sioux City, Iowa. What is the minimum hourly wage that Jude may receive?1. $7.25 per hour 2. $6.50 per hour 3. $6.16
LO 3-5 Of the items in the following list, which one(s) should appear in a payroll register? (Select all that apply.)1. Name 2. Home address 3. Shifts worked 4. Hours worked
LO 3-4 A shared employee for Tetra Computers works in both the programming and the research departments and splits time equally between the roles. The employee earns $20 per hour in the programming
LO 3-4 According to the FLSA, what is the basis used to determine overtime worked for standard nonexempt workers?1. The 8 and 80 rule 2. The excess over 40 hours during any pay period 3. The excess
LO 3-3 The accounting clerk at Tenity Enterprises is paid $18.15 per hour. During a week’s pay period, the employee worked 39 hours and 41 minutes.Based on a hundredth-hour pay method, what is the
LO 3-2 An employee of HyroSports is compensated based on sales of store products to customers. Which type of pay best represents this basis?1. Piece rate 2. Hourly 3. Commission 4. Salary
LO 3-1 A server at the Seven Wonders Restaurant in Honolulu, Hawaii, receives the tipped minimum wage. During a 40-hour workweek, how much must be earned in tips to meet the minimum wage
LO 3-1 What is the minimum tipped wage for a tipped employee in Washington, DC?1. $2.13/hour 2. $3.25/hour 3. $4.55/hour 4. $5.35/hour
LO 3-1 FLSA provisions always cover certain types of businesses. Which of the following businesses are always covered by FLSA? (Select all that apply.)1. Fruit stands selling only locally obtained
LO 3-1 A minimum wage worker in Nevada is contemplating a move to another state. Which of the following states would be the most favorable in terms of the highest minimum wage? (Select all that
19. What amount did the Final Rule stipulate as the minimum wage for salaried workers?
18. What is one of the three methods for employees to receive retroactive pay?
17. Aside from tipped employees, under what circumstances may an employee receive less than the FLSA minimum wage?
16. When are wait time, travel time, and sleep time compensable?
15. Under what circumstances may an employee receive compensation for on-call time?
14. What is comp time?
13. Why are companies moving toward the hundredth-hour system?
12. What is the difference between quarter-hour and hundredth-hour pay?
11. In what situations might an employee draw money against his or her future pay?
10. What is the primary difference between commission work and piece-rate work?
9. In what situations could a salaried employee receive overtime pay?
8. How is overtime computed for piece-rate employees?
7. What is the difference between a salary and a draw?
6. What is an ISO, and how does it affect employee pay?
5. What types of occupations are typically salaried?
4. How does the tipped minimum wage differ from the FLSA minimum wage?
3. How does minimum wage affect commission employees?
2. For which employees do overtime rates apply?
1. How is overtime pay computed for nonexempt, salaried workers?
2. A student in a vocational program at a cosmetology school accepts employment as a shampooer at Cuts & Styles Hair Salon in Alabama. The agreement between the school and the salon is that students
1. A nonexempt employee of The Silver Club (a governmental entity) works 10 hours of overtime during a pay period and asks to receive compensatory time instead of overtime pay. The Silver Club’s
3. An executive for Adarma Chemicals receives an annual salary of $75,000 plus an additional 3 percent in an ISO. What is the amount of stock received annually? What is the total annual compensation?
2. A new salesperson with S&D Music receives a base salary of $36,000 paid monthly. Company policy allows the salesperson to draw 35 percent of their salary on the 15th of each month. How much will
1. A service administrator receives a base salary of $42,000 per year paid semimonthly, plus a $100 commission for each service contract sold to customers. During a pay period, five contracts were
3. Why are computations for regular hours and overtime hours entered in different columns?
2. What are five of the columns that usually appear in a payroll register?
1. What is the purpose of the payroll register?
3. A waitperson at Good Cooking Diner is a tipped employee. What are the two ways that this employer might compute overtime earnings regarding tip income?
2. A salaried nonexempt employee who earns $39,000 per year, paid biweekly, with a commission is based on the sales of service contracts(represents less than half their pay). How does the commission
1. A hospital worker in New Hampshire is a nonexempt salaried worker with a 40-hour workweek. Which rule governs this employee’s overtime pay?
3. Why would it be worthwhile for Blue Sky Manufacturing to switch to the hundredth-hour system?
2. Why do discrepancies exist between the quarter-hour time and the hundredth-hour time totals?
1. Blue Sky Manufacturing has historically paid its employees according to the quarter-hour system. Software changes have caused them to change to the hundredth-hour system. See the table below. What
3. Karstyn is a salaried worker making $57,000 per year for a company using biweekly payroll. The standard schedule is 40 hours over five days per week. Karstyn used all available vacation time
2. Sybil is a specialty artisan for a luxury car maker based in South Carolina.Sybil makes handcrafted dashboards and receives $550 per completed assembly. During a semimonthly pay period, Sybil
1. Amari is a marketing representative who earns a 3 percent commission based on the revenue earned from the marketing campaigns completed.During the current pay period, the completed marketing
4. Toby is a tipped minimum wage worker for a Montana restaurant with$615,000 in annual revenues. Toby worked 75 hours during a biweekly pay period and earned $1,000 in tips. What is Toby’s gross
3. Morgan is a temporary worker for a popular radio station, a large employer in Minnesota. Morgan receives the minimum wage and works 32 hours per week. How much should be the gross pay for two
2. Terry works as a publisher’s representative receiving minimum wage in Maryland. This week Terry worked 39.5 hours. What should Terry’s gross pay be?
1. Pai works as a clerk receiving minimum wage for a pharmaceutical company in North Carolina that pays its employees biweekly. Pai is classified as nonexempt, with a standard workweek of 40 hours.
LO 6-1 List Employer-Paid and Employee-Paid Obligations?

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