Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

COM November 30 Compute the Net Pay for each employee. Employee pay will be disbursed on December 4, 2019. Update the Employees' Earning Record with

image text in transcribed
image text in transcribed
image text in transcribed
COM November 30 Compute the Net Pay for each employee. Employee pay will be disbursed on December 4, 2019. Update the Employees' Earning Record with the November = 30 pay and the new YTD amount. The company is closed and pays for the Friday following Thanskgiving. The employees will receive holiday pay for Thanksgiving and the Friday following. 5 All the hours over 80 are eligible for overtime for nonexempt employees as they were worked during the nonholiday week. 7 The hours for the employees are as follows: 4 6 8 Name Commission Hourly rate (round to 5 decimal) Holiday (round to 2 decimal) $ 2,325.00 9 Chinson 10 Wayland 11 Peppinico 12 13 Varden 14 Hissop 15 You 16 17 18 19 Sunday 20 21 22 Pay Period Hours 11/16 Regular Overtime 11/30 (round to 2 (round to 2 decimal) decimal) 80 hours (exempt - 16 hours Holiday) 80 hours (exempt - 16 hours Holiday 80 hours (exempt - 16 hours Holiday) 82 hours (16 Holiday) 83 hours (16 Holiday) 81 hours (16 Holiday) Monday November Wednesday Thursday Tuesday Saturday 2 9 5 7 14 Friday 1 8 15 22 29 12 10 17 24 23 24 25 ea 11 18 25 19 26 13 20 27 16 23 30 28 Compute the net pay and update the Employees' Earning Record with the December 15 pay and the new YTD information. Employee pay will be disbursed on December 19, 2019. Any hours worked in excess of 80 hours during this pay period are considered overtime for nonexempt employees. The hours for the employees are as follows: Name Hourly rate Pay Period Hours Regular Overtime Holiday Commission (round to 5 12/01-12/15 (round to 2 (round to 2 (round to 2 decimal) decimal) decimal) decimal) Chinson 80 hours (exempt) $ 1,680.00 Wayland 80 hours (exempt) Peppinico 80 hours (exempt) 1 Varden 84 hours 2 Hissop 80 hours 3 You 83 hours 4 s Complete the payroll register for the December 15 pay. Employee pay will be disbursed on December 20, 6 2019. Sunday Monday Tuesday 1 17 18 19 20 21 22 23 24 25 8 15 22 29 2 9 16 23 30 December Wednesday 3 4 10 11 17 18 24 25 31 Thursday 5 12 19 26 Friday 6 13 20 27 Saturday 7 14 21 28 Wayland Custom Woodworking 1 Complete the Payroll Register for December 15. 2 Run Date 12/15/19 Company Name 3 P/R Date 12/19/19 4 No. of No. of Overtime Holiday Hours Hours Commissio Gross ns Earning Taxable Taxable Wages for Wages for Federal WH FICA Insurance 401(k) 6 Name 7 Anthony Chinson 8 Mark Wayland 9 Sylvia Peppinico 10 Stevon Varden n 11 Leonard Hissop 12 Student Success No. of Regular M/S WH Hourly Rate Hours M 1 M M 7 M 2 S 4 S 1 13 Total HA COM November 30 Compute the Net Pay for each employee. Employee pay will be disbursed on December 4, 2019. Update the Employees' Earning Record with the November = 30 pay and the new YTD amount. The company is closed and pays for the Friday following Thanskgiving. The employees will receive holiday pay for Thanksgiving and the Friday following. 5 All the hours over 80 are eligible for overtime for nonexempt employees as they were worked during the nonholiday week. 7 The hours for the employees are as follows: 4 6 8 Name Commission Hourly rate (round to 5 decimal) Holiday (round to 2 decimal) $ 2,325.00 9 Chinson 10 Wayland 11 Peppinico 12 13 Varden 14 Hissop 15 You 16 17 18 19 Sunday 20 21 22 Pay Period Hours 11/16 Regular Overtime 11/30 (round to 2 (round to 2 decimal) decimal) 80 hours (exempt - 16 hours Holiday) 80 hours (exempt - 16 hours Holiday 80 hours (exempt - 16 hours Holiday) 82 hours (16 Holiday) 83 hours (16 Holiday) 81 hours (16 Holiday) Monday November Wednesday Thursday Tuesday Saturday 2 9 5 7 14 Friday 1 8 15 22 29 12 10 17 24 23 24 25 ea 11 18 25 19 26 13 20 27 16 23 30 28 Compute the net pay and update the Employees' Earning Record with the December 15 pay and the new YTD information. Employee pay will be disbursed on December 19, 2019. Any hours worked in excess of 80 hours during this pay period are considered overtime for nonexempt employees. The hours for the employees are as follows: Name Hourly rate Pay Period Hours Regular Overtime Holiday Commission (round to 5 12/01-12/15 (round to 2 (round to 2 (round to 2 decimal) decimal) decimal) decimal) Chinson 80 hours (exempt) $ 1,680.00 Wayland 80 hours (exempt) Peppinico 80 hours (exempt) 1 Varden 84 hours 2 Hissop 80 hours 3 You 83 hours 4 s Complete the payroll register for the December 15 pay. Employee pay will be disbursed on December 20, 6 2019. Sunday Monday Tuesday 1 17 18 19 20 21 22 23 24 25 8 15 22 29 2 9 16 23 30 December Wednesday 3 4 10 11 17 18 24 25 31 Thursday 5 12 19 26 Friday 6 13 20 27 Saturday 7 14 21 28 Wayland Custom Woodworking 1 Complete the Payroll Register for December 15. 2 Run Date 12/15/19 Company Name 3 P/R Date 12/19/19 4 No. of No. of Overtime Holiday Hours Hours Commissio Gross ns Earning Taxable Taxable Wages for Wages for Federal WH FICA Insurance 401(k) 6 Name 7 Anthony Chinson 8 Mark Wayland 9 Sylvia Peppinico 10 Stevon Varden n 11 Leonard Hissop 12 Student Success No. of Regular M/S WH Hourly Rate Hours M 1 M M 7 M 2 S 4 S 1 13 Total HA

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

Data Analytics Using Microsoft Excel With Accounting And Finance Datasets Version 2.0

Authors: Joseph M. Manzo

1st Edition

1453395210, 9781453395219

More Books

Students also viewed these Accounting questions

Question

How would you describe your home and neighborhood?

Answered: 1 week ago