Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Prepare the New Pharmacy payroll record with the following columns: employee name, number of hours worked, hourly wage, weekly gross salary, social security discount,

1. Prepare the New Pharmacy payroll record with the following columns: employee name, number of hours worked, hourly wage, weekly gross salary, social security discount, Medicare discount, state tax amount, and retirement savings.

2. Calculate each employee's gross salary. 3. Calculate the amount of Social Security and Medicare withholding. 4. Calculate each employee's net pay. 5. Wage the entry to register the payroll.

The New Pharmacy pays for overtime hours worked on time and a half. It does not pay overtime to employees who are paid for pay. The company has 10 employees and the information of the hours worked is as follows:

Nombre del empleado Horas trabajadas Salario por hora Salario semanal Pago de retiro Pago de unin
Juan del Pueblo 43 $8.50 $21.93 $15
Ramonita Ramrez 41 11.50 37.12 Gerencial, no paga cuota.
Brenda Montalvo 55 $1,100 88.00 Gerencial, no paga cuota.
Camilo Monge 40 7.25 23.02 15
Jorge Emmanueli 46 25.00 92.00 15
Mariel Estrada 60 10.00 48.00 15
Emanuel Reyes 40 8.00 25.60 15
Ernesto Ramrez 40 8.25 26.40 15
Daniela Morales 38 10.75 32.68 15
ngel Carrasquillo 43 860 68.80 Gerencial, no paga cuota.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quality Auditing Journal Notes Checklists Observations Evidence Questions Log

Authors: Leon Edward

1st Edition

1729431569, 978-1729431566

More Books

Students also viewed these Accounting questions

Question

=+1.5. 1 The Cantor set C can be defined as the closure of A3(1).

Answered: 1 week ago

Question

8. Explain the relationship between communication and context.

Answered: 1 week ago

Question

d. How were you expected to contribute to family life?

Answered: 1 week ago