Calculate gross pay for each of the following employees. All are paid an overtim

ID: 2328504 • Letter: C

Question

Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates.

NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

1:Jefferson Dodge earns $8.50/hour. During the most recent week, he receives a discretionary bonus of $1,000 and works 47 hours.

Gross Pay: $

2:Julia Jones earns $12.00/hour. During the most recent week, she receives a nondiscretionary bonus of $3,100 and works 42 hours.

Gross Pay: $

3:Joseph Marshall earns $7.40/hour. During the most recent week, he receives a nondiscretionary bonus of $720 and works 50 hours.

Gross Pay: $

4:Philip Lucas earns $10/hour. During the most recent week, he receives a nondiscretionary bonus of $2,200 and works 49 hours.

Gross Pay: $

Calculate gross pay for each of the following employees of Launchpad Co. The company offers a regular wage rate of $8.20/hour to all employees. Under an incentive plan in place for all employees, this rate increases for any employee who can meet weekly production goals. The increased rates and corresponding thresholds that must be met are as follows:

$9.40/hour for producing at least 2,000 units

$10.60/hour for producing at least 2,800 units

$11.80/hour for producing at least 3,700 units

$13/hour for producing at least 4,700 units

All employees are paid an overtime wage rate that is 1.5 times their respective regular wage rates.

NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

1:Bronson Chau worked 45 hours and produced 3,251 units.

Gross Pay = $

2:Pauline Myers worked 48 hours and produced 2,054 units.

Gross Pay = $

3:Angela Smith worked 54 hours and produced 5,157 units.

Gross Pay = $

4:Angelo Balducci worked 48 hours and produced 3,986 units.

Gross Pay = $

1:Anita Workman receives tips from customers as a standard component of her weekly pay. She is paid $2.50/hour by her employer and receives $284 in tips during the most recent 46-hour workweek.

Gross Pay = $

2:Cole Earnhardt receives tips from customers as a standard component of his weekly pay. He is paid 2.13/hour by his employer and receives $442 in tips during the most recent 42-hour workweek.

Gross Pay = $

3:Calista Flood receives tips from customers as a standard component of her weekly pay. She is paid $4.10/hour by her employer and receives $350 in tips during the most recent 38-hour workweek.

Gross Pay = $

4:Bethany Pugh receives tips from customers as a standard component of her weekly pay. She is paid $3.60/hour by her employer and receives $162 in tips during the most recent 51-hour workweek.

Gross Pay = $

1:Walter Pinkman assembles merchandise and is paid $0.11 for each unit assembled. During the most recent week, he worked 46 hours and assembled 5,628 units.

Gross Pay = $

2:Sidney Darling is a telemarketer, who is paid $0.34 for every telemarketing call he places. During the most recent week, he worked 41 hours and placed 1,642 calls.

Gross Pay = $

3:Pete Brees assembles merchandise and is paid $0.04 for each unit assembled. During the most recent week, he worked 52 hours and assembled 13,284 units.

Gross Pay = $

4:Roy Carter is a telemarketer who is paid $0.30 for every telemarketing phone call he places. During the most recent week, he worked 51 hours and placed 1,536 calls.

Gross Pay = $

Complete the top portion and earnings section of a payroll register for the five employees below. The associated pay period ends on 09/10/2017, with paychecks being printed and distributed six days later.

Luisa Williams earns $7.50/hour and worked 44 hours during the most recent week.

Jonathan Olsen earns $9.10/hour and worked 47 hours during the most recent week.

Nathan Upton earns $11.80/hour and worked 42 hours during the most recent week.

Juan Rodriguez earns $14/hour and worked 48 hours during the most recent week.

Drew Painter earns $16.60/hour and worked 51 hours during the most recent week.

Notes:

Enter all employees' names in the format Last Name, First Initial (for example: Rick Smith would be written as Smith, R).

For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

Open Directions in Popup Window

Payroll Register

Pay Period Pay Date Earnings Deductions Employee
Name Regular Hours Regular Rate Regular Earnings Overtime Hours Overtime
Rate Overtime Earnings Total
Earnings FWT SWT Social Security Medicare Vol. With. Check Number Net Pay Totals:

Explanation / Answer

As per policy only first four questions will be answered

1. Jefferson Dodge Gross pay

Regular pay = hours worked * rate = 47*8.50 = 399.50

+ Overtime pay = 7*(8.50*0.5) = 29.75

+ bonus = 1000

Gross pay = 1429.25

2. Julia Jones Gross pay

Regular pay =42*12 = 504

+ bonus = 3100

+ Overtime pay = ((504+3100)/42)*2*0.5 = 85.81

Gross pay = 3689.81

3:Joseph Marshall Gross pay

Regular pay = 50*7.40 = 370

+ bonus = 720

+ Overtime pay = ((370+720)/50)*0.5*10 = 109

Gross pay = 1199

4:Philip Lucas gross pay

Regular pay = 49*10 = 490

+ bonus = 2200

+ Overtime pay = ((2200+490)/49)*0.5*9 = 247.04

Gross pay = 2937.04

arns $10/hour. During the most recent week, he receives a nondiscretionary bonus of $2,200 and works 49 hours.

Navigate

Calculate gain recognized (tax class). This is all information and resources giv

Calculate gross pay for each of the following employees. All are paid an overtim

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.

Calculate gross pay for each of the following employees. All are paid an overtim

Question

Explanation / Answer

Related Questions

Navigate