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Prevostl Farms and Sugarhouse pays its employees according to thelr job classification. The following employees make up Sugarhouse's staff: Prevostl Farms and Sugarhouse pays its
Prevostl Farms and Sugarhouse pays its employees according to thelr job classification. The following employees make up Sugarhouse's staff: Prevostl Farms and Sugarhouse pays its employees according to thelr job classification. The following employees make up Sugarhouse's staff: Exempt employee pay Information is as follows: The hours for the nonexempt employees are as follows: Although the company has already established medical and retirement plan benefits, Tonl Prevostl wants to consider other benefits to attract employees. As the company's accountant, you have been tasked with annotating employee earnings records with benefit electlons for each employee. The following sheet contains detalls of employee choices. These costs are employer-paid and will take effect on the first pay perlod of March. To calculate the life insurance benefit, multiply the employee's annual salary by 1 percent. For example, If an employee earned $50,000 per year, the life insurance would be $50,0000.01=$500. Annotate the Employee Earning Records with payroll-related benefit elections. The amount per perlod should be Included In the record. As an example, If an employee elected to contrlbute $1,300 to his or her FSA, the perlod payroll deduction would be $1,300/26, or $50. The estimated yearly earnings used for insurance purposes for the hourly employees are computed as follows: (hourly wages times number of hours worked per week 52 ) then divide by 26 pay perlods to get an amount per pay perlod. For example: If Shangraw worked 20 hours per week, the computation Is $10.30/ hour 52 weeks =$10,712.00 per year. Insurance Is computed as $10,712.001%=$107.12/26=$4.12 per pay perlod. Exempt employee pay Information is as follows: The hours for the nonexempt employees are as follows: Although the company has already established medical and retirement plan benefits, Tonl Prevostl wants to consider other benefits to attract employees. As the company's accountant, you have been tasked with annotating employee earnings records with benefit electlons for each employee. The following sheet contains detalls of employee choices. These costs are employer-paid and will take effect on the first pay perlod of March. To calculate the life insurance benefit, multiply the employee's annual salary by 1 percent. For example, If an employee earned $50,000 per year, the life Insurance would be $50,0000.01=$500. Annotate the Employee Earning Records with payroll-related benefit elections. The amount per perlod should be Included In the record. As an example, If an employee elected to contrlbute $1,300 to his or her FSA, the perlod payroll deduction would be $1,300/26, or $50. The estimated yearly earnings used for insurance purposes for the hourly employees are computed as follows: (hourly wages times number of hours worked per week 52 ) then divide by 26 pay perlods to get an amount per pay perlod. For example: If Shangraw worked 20 hours per week, the computation Is $10.30/ hour 52 weeks =$10,712.00 per year. Insurance Is computed as $10,712.001%=$107.12/26=$4.12 per pay perlod. Complete the question by entering your answers in the tabs below. Complete the question by entering your answers in the tabs below. Complete the question by entering your answers in the tabs below. Prevostl Farms and Sugarhouse pays its employees according to thelr job classification. The following employees make up Sugarhouse's staff: Prevostl Farms and Sugarhouse pays its employees according to thelr job classification. The following employees make up Sugarhouse's staff: Exempt employee pay Information is as follows: The hours for the nonexempt employees are as follows: Although the company has already established medical and retirement plan benefits, Tonl Prevostl wants to consider other benefits to attract employees. As the company's accountant, you have been tasked with annotating employee earnings records with benefit electlons for each employee. The following sheet contains detalls of employee choices. These costs are employer-paid and will take effect on the first pay perlod of March. To calculate the life insurance benefit, multiply the employee's annual salary by 1 percent. For example, If an employee earned $50,000 per year, the life insurance would be $50,0000.01=$500. Annotate the Employee Earning Records with payroll-related benefit elections. The amount per perlod should be Included In the record. As an example, If an employee elected to contrlbute $1,300 to his or her FSA, the perlod payroll deduction would be $1,300/26, or $50. The estimated yearly earnings used for insurance purposes for the hourly employees are computed as follows: (hourly wages times number of hours worked per week 52 ) then divide by 26 pay perlods to get an amount per pay perlod. For example: If Shangraw worked 20 hours per week, the computation Is $10.30/ hour 52 weeks =$10,712.00 per year. Insurance Is computed as $10,712.001%=$107.12/26=$4.12 per pay perlod. Exempt employee pay Information is as follows: The hours for the nonexempt employees are as follows: Although the company has already established medical and retirement plan benefits, Tonl Prevostl wants to consider other benefits to attract employees. As the company's accountant, you have been tasked with annotating employee earnings records with benefit electlons for each employee. The following sheet contains detalls of employee choices. These costs are employer-paid and will take effect on the first pay perlod of March. To calculate the life insurance benefit, multiply the employee's annual salary by 1 percent. For example, If an employee earned $50,000 per year, the life Insurance would be $50,0000.01=$500. Annotate the Employee Earning Records with payroll-related benefit elections. The amount per perlod should be Included In the record. As an example, If an employee elected to contrlbute $1,300 to his or her FSA, the perlod payroll deduction would be $1,300/26, or $50. The estimated yearly earnings used for insurance purposes for the hourly employees are computed as follows: (hourly wages times number of hours worked per week 52 ) then divide by 26 pay perlods to get an amount per pay perlod. For example: If Shangraw worked 20 hours per week, the computation Is $10.30/ hour 52 weeks =$10,712.00 per year. Insurance Is computed as $10,712.001%=$107.12/26=$4.12 per pay perlod. Complete the question by entering your answers in the tabs below. Complete the question by entering your answers in the tabs below. Complete the question by entering your answers in the tabs below
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