Harvey Ramos is a salaried exempt employee at Duodo Scales with a contract that stipulates 35 hours
Question:
Harvey Ramos is a salaried exempt employee at Duodo Scales with a contract that stipulates 35 hours per week at $52,000 per year. He is married with three withholding allowances. The pay period ending November 26 contained two company paid holidays. Calculate Harvey’s biweekly pay based on a standard 5-day work week. Round wages to 5 decimal points.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
Regular pay 160000 5200035 52 56 Holiday pay 40000 ...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Payroll Accounting 2019
ISBN: 978-1259917073
5th edition
Authors: Jeanette Landin, Paulette Schirmer
Question Posted:
Students also viewed these Business questions
-
Bobby Howard is a salaried exempt employee at Coric Industries. He is married with two withholding allowances. His contract stipulates a 40-hour work week at $47,500 per year. During the week ending...
-
Tricia Grey is a salaried, exempt employee with Meganti Inc. She is single with one withholding allowance and earns $45,000 per year. Complete the payroll register for the biweekly pay period ending...
-
If a salaried exempt employee was paid twice (direct deposit) for one pay period and the company was unable to recover the funds, what options are available to the company to correct this overpayment?
-
To the right is the graph of the position of the object versus time: Which of graphs below correctly shows the object's velocity versus time? velocity (m/s) velocity (m/s) 1.5 1 0.5 -0.5 -1 -1.5 15...
-
What advice would you give to the chairman?
-
For each function (n) and time t in the following table, determine the largest size n of a problem P that can be solved in time t if the algorithm for solving P takes (n) microseconds (one entry is...
-
Explain the strategies internationalizing firms use to gain and sustain competitive advantage..L01
-
Two different companies are offering a punch press for Company a charges $250,000 to deliver and install the device. Company A has estimated that the machine will have maintenance and operating costs...
-
One Product Corporation ( OPC ) incorporated at the beginning of last year. The balances on its post - closing trial balance prepared on December 3 1 , at the end of its first year of operations,...
-
Liberty Products, Inc., is considering a new product launch. The firm expects to have annual operating cash flow of $4.9 million for the next eight years. The company uses a discount rate of 11...
-
Ruben Trout. worked the following schedule: Monday, 8 hours, 24 minutes; Tuesday, 7 hours, 44 minutes; Wednesday 9 hours, 8 minutes; Thursday, 8 hours, 2 minutes; Friday, 8 hours, 36 minutes. The...
-
Doris Black completed 1,750 pieces on her 2,000-piece contract for Make it Work. There is a bonus earned if the individual exceeds 115% of the piece contract. How many pieces must Doris complete in...
-
Why is it important to improve the quality of accounting standards?
-
Consider the following account balances (in thousands) for the Shaker Corporation In the Dec 31.2021 Cash $200,000 and Capital $2,000,000 and Retained earnings $1,500,000 The balances of raw...
-
Unless otherwise stated, assume gravitational acceleration g = 9.81 m/s and the density of water to be 1000 kg/m. Unless otherwise stated, give all numerical answers to 3 significant figures, such as...
-
The purpose of this installment is to classify stock, bond, and mutual fund investments, explore tools for their evaluation and select these securities based on your investment philosophy and goals....
-
Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided...
-
Caldwell (2003) explores differences between the roles of leaders and managers. "Leaders...envision, initiate, or sponsor strategic change of a far-reaching or transformational nature. In contrast,...
-
For the following exercises, find the area of the triangle. Find the area of a triangular piece of land that measures 30 feet on one side and 42 feet on another; the included angle measures 132....
-
White Bolder Investments (WBI) You are an intern working for WBI, a large investment advisory services in Sydney. Among other regular customers, WBI has been providing advisory services for Jumbo...
-
Using the payroll register from P7-1B for Cosmic Comics, complete the General Journal Entry for the employers share of the payroll taxes for the September 15, 2017 pay date. Assume a 5.4% SUTA rate...
-
Using the payroll register from P7-1A for Charles Cleaners, complete the General Journal Entry for the employers share of the payroll taxes for the July 14 pay date. Assume 5.4% SUTA Tax, and 0.6%...
-
Using the employee payroll entry from P7-1B, post the September 15 employee pay for Cosmic Comics to the selected General Ledger accounts below: In P7-1B Tony Stanford owns Cosmic Comics in...
-
To fund your dream around-the-world vacation, you plan to save $1,300 per year for the next 14 years starting one year from now. If you can earn an interest rate of 5.83 percent, how much will you...
-
On NSE (Indian stock exchange), shares of ICICI Bank trade for 935 rupees. If the spot exchange rate is USD 0.012, what is the no-arbitrage USD price of ICICI Bank ADR? Assume that transactions costs...
-
Income Statement Balance Sheet Balance Sheet Additional Financial Information 1. Market price of Ranfield's common stock: $90.44 at December 31, 2024, and $58.35 at December 31, 2023. 2. Common...
Study smarter with the SolutionInn App