Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi there, Could I please get clarification on this homework questions answers, thanks! Calculate the gross wages for the employees of Bakers Emporium. The normal

Hi there,

Could I please get clarification on this homework questions answers, thanks!

image text in transcribed
Calculate the gross wages for the employees of Bakers Emporium. The normal hours for each employee is 38 per week. Employees paid an hourly rate are entitled to time and a half overtime for the rst 3 hours of overtime per week, thereafter they are paid double time. In this example, all Meal Allowances are taxable. Penny Lane worked 38 hours plus 7 hours of overtime. Her hourly rate is $19.8 and she is entitled to 2 meal allowances of $13.5 each. Bill Marley worked normal hours plus 2 hours of overtime. His hourly rate is $20.5 and he is entitled to 1 meal allowance of $13.5. Donna Parton is on a salary package of $77000 per annum. She worked 40 hours this week. Casey Sunshine is paid 2 weeks of annual leave in advance as well as his weekly wage. He worked 42 hours this week and his award rate is $21 per hour. Sunshine is entitled to 2 meal allowance of $13.5 each. He is also entitled to holiday leave loading of 17.5%. REQUIRED: Record all of your calculations of the gross wage for each employee in the table below: Note 1: If an employee is given a xed package of salary, he/she will not be entitled to overtime payment. Note 2: Inclusion ofAnnual Leave pay in the Normal Time column (instead of Annual Leave column) is acceptable but not the preferred solution. Normal time 0 vertime Annual Leave 8. Allowance Gross Wage Leave Loading ) Sunshine 3

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

Fundamental Financial Accounting Concepts

Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Mark Edmonds, Christopher Edmonds

10th Edition

126015940X, 978-1260159400

More Books

Students also viewed these Accounting questions

Question

1. Avoid conflicts in the relationship

Answered: 1 week ago

Question

1. What will happen in the future

Answered: 1 week ago