please help!!! thank you inadvanced. if you can please explain your anawers
SNOOK WRECKING COMPANY Hourly Employee Payroll for Week Ending March 5, 20xx Rate Hrs OT Hrs Pay OT Pay Total Pay FICA Tax" Net Pay 40 2 11.15 9.25 9.25 3 0 5 8.15 Employee Exemptions Anders. J. 1 Bellow M 2 Black W 1 Chang. T 1 Dillon, M 3 Gomez R 4 Hall 1 Higgin, P. 1 West G 5 Zenith R 2 8 8 8 8 8 8 9.50 40 7 Misc 22.34 24.67 30.55 28.98 29.32 15.25 27.81 23.76 20.05 48.50 2 0 (84) (85) (86) (87 (88) (89) (00 (91) (92) (93) 34.00 30.00 7.00 42.00 54,00 11.00 45.00 8.15 1126 11.15 10.50 8.25 39 40 4 40 40 2 15 Total (94) 195) 196) (97) (98) (99) (100) FICA Taxes are computed at 7.65% of total pay **Assume all persons are single V3 P Percents RB Calculate the amount and percentage of increase or decrease for the following items. Indicate decreases with a minus sign. Amount of Percent of Item Last Year This Year Increase/Decrease Increase/Decrease Skirts $ 97,230 $141,061 125) (26) Blouses 112,832 123, 124 (27) (25) Shorts 48.352 32,315 1293 (30) Sweaters 9,658 14,723 0313 (32) Shoes 81.652 73,832 (33) 134) 035) Word Problems using Percents. What is 58.24 of $842.63? How much is 59.31 increased by 23.627 How much is 473.25 of $87.837 what in $319,23 lent 20.947 What of $382.07 in $485.587 What is $072.84 decreased by 8.62? If your net pay is 78.6% of your gross pay. what is your net pay? Your gross pay is $1,726.86. Opal Gray paid $123.44 on a debt. If the payment was 38.18 of the total debt, what was her total debt? 16 sales tax of 6.41 of an item is $15.84, what is the price of the item? Last year. Keystone Products had a payroll of $518.232.98. mis year, its payroll increased to $539,378.95. What is the percent increase in payroll? (37) (38) (39) (40) (41/42) (43/46) (45/46) (47/48) 70 Simple Interest 1 PRT Using the Banker's Method, fill in the blanks on the following simple interest loans. Give time in years and days, to the nearest day. Principal Rate Time Interest $1,372.85 4 1/43 80 days (49) (50) 5 1/2 252 days $150.74 $5,643.27 8 1/27 (51) $ 75.48 $2,768.83 (52) 340 days $238.89 Compound Interest 88 Principal $ 338.74 $ 844.27 $ 124.35 Hint: First find rate per period and number of periods P(1+i)" Annual Frequency of Time Rate Conversion Amount 1 yr. quarterly 2 yrs. semi-annually monthly 12 3/44 annually quarterly 12 (61) (62) (63) 8 mos. 24 $6,468.93 6 yrs. (64) $ (65) 492.89 9% 2 yrs. Inventory With the information given below and using the average cost method of valuing inventory find the cost of goods sold. Beginning Inventory 624 units $1.35 $ (74) Purchases: June 15 354 units $1.33 $ (75) July 10 326 units @ $2.30 (76) July 23 298 units @ $1.79 = $ (77) August 1 253 units $2.40 - $ (78) August 27 168 units $2.31 $ (179) Total cost of goods available for sale: (80) Less Ending Inventory: 574 units (81) $ (82) Cost of goods sold (83) $ Complete the following form. SUNSET SUPPLY COMPANY Comparative Income Statement for Period Ending: December 31, 20XX Amount (000's omitted) This Year Last Year Percent of Net Sales This Year Last Year Account Gross sales $545 Less returns 20 $618 17 $601 $328 $273 $525 $313 (5) (6) (7) (8) (9) (15) (16) (17) (18) (19) $212 Net sales Cost of goods sold Gross profit Expenses Commissions Overhead Freight Total expenses Net income $ 81 12 14 $ 75 14 13 $102 $110 (10) (11) (12) (13) (14) (20) (21) (22) (23) (24) $107 $166 69 SNOOK WRECKING COMPANY Hourly Employee Payroll for Week Ending March 5, 20xx Rate Hrs OT Hrs Pay OT Pay Total Pay FICA Tax" Net Pay 40 2 11.15 9.25 9.25 3 0 5 8.15 Employee Exemptions Anders. J. 1 Bellow M 2 Black W 1 Chang. T 1 Dillon, M 3 Gomez R 4 Hall 1 Higgin, P. 1 West G 5 Zenith R 2 8 8 8 8 8 8 9.50 40 7 Misc 22.34 24.67 30.55 28.98 29.32 15.25 27.81 23.76 20.05 48.50 2 0 (84) (85) (86) (87 (88) (89) (00 (91) (92) (93) 34.00 30.00 7.00 42.00 54,00 11.00 45.00 8.15 1126 11.15 10.50 8.25 39 40 4 40 40 2 15 Total (94) 195) 196) (97) (98) (99) (100) FICA Taxes are computed at 7.65% of total pay **Assume all persons are single V3 P Percents RB Calculate the amount and percentage of increase or decrease for the following items. Indicate decreases with a minus sign. Amount of Percent of Item Last Year This Year Increase/Decrease Increase/Decrease Skirts $ 97,230 $141,061 125) (26) Blouses 112,832 123, 124 (27) (25) Shorts 48.352 32,315 1293 (30) Sweaters 9,658 14,723 0313 (32) Shoes 81.652 73,832 (33) 134) 035) Word Problems using Percents. What is 58.24 of $842.63? How much is 59.31 increased by 23.627 How much is 473.25 of $87.837 what in $319,23 lent 20.947 What of $382.07 in $485.587 What is $072.84 decreased by 8.62? If your net pay is 78.6% of your gross pay. what is your net pay? Your gross pay is $1,726.86. Opal Gray paid $123.44 on a debt. If the payment was 38.18 of the total debt, what was her total debt? 16 sales tax of 6.41 of an item is $15.84, what is the price of the item? Last year. Keystone Products had a payroll of $518.232.98. mis year, its payroll increased to $539,378.95. What is the percent increase in payroll? (37) (38) (39) (40) (41/42) (43/46) (45/46) (47/48) 70 Simple Interest 1 PRT Using the Banker's Method, fill in the blanks on the following simple interest loans. Give time in years and days, to the nearest day. Principal Rate Time Interest $1,372.85 4 1/43 80 days (49) (50) 5 1/2 252 days $150.74 $5,643.27 8 1/27 (51) $ 75.48 $2,768.83 (52) 340 days $238.89 Compound Interest 88 Principal $ 338.74 $ 844.27 $ 124.35 Hint: First find rate per period and number of periods P(1+i)" Annual Frequency of Time Rate Conversion Amount 1 yr. quarterly 2 yrs. semi-annually monthly 12 3/44 annually quarterly 12 (61) (62) (63) 8 mos. 24 $6,468.93 6 yrs. (64) $ (65) 492.89 9% 2 yrs. Inventory With the information given below and using the average cost method of valuing inventory find the cost of goods sold. Beginning Inventory 624 units $1.35 $ (74) Purchases: June 15 354 units $1.33 $ (75) July 10 326 units @ $2.30 (76) July 23 298 units @ $1.79 = $ (77) August 1 253 units $2.40 - $ (78) August 27 168 units $2.31 $ (179) Total cost of goods available for sale: (80) Less Ending Inventory: 574 units (81) $ (82) Cost of goods sold (83) $ Complete the following form. SUNSET SUPPLY COMPANY Comparative Income Statement for Period Ending: December 31, 20XX Amount (000's omitted) This Year Last Year Percent of Net Sales This Year Last Year Account Gross sales $545 Less returns 20 $618 17 $601 $328 $273 $525 $313 (5) (6) (7) (8) (9) (15) (16) (17) (18) (19) $212 Net sales Cost of goods sold Gross profit Expenses Commissions Overhead Freight Total expenses Net income $ 81 12 14 $ 75 14 13 $102 $110 (10) (11) (12) (13) (14) (20) (21) (22) (23) (24) $107 $166 69
