Questions from Payroll Accounting

Q: Each of the following workers is piece-rate workers at Golden

Each of the following workers is piece-rate workers at Golden Boats in Connecticut. If the employees have a standard 40-hour workweek, what is their effective hourly rate? Based on the state’s minimum...

Q: Damien Carranza is a nonexempt employee of Verent Enterprises where he is

Damien Carranza is a nonexempt employee of Verent Enterprises where he is a salesperson earning a base annual salary of $30,000 with a standard 40-hour work week. He earns a 3 percent commission on al...

Q: Malcolm Figueroa is a sales employee of Carefree Pools and Spas,

Malcolm Figueroa is a sales employee of Carefree Pools and Spas, Inc. In 2021, he was issued a company car with a fair market value of $35,000. He drove a total of 22,000 miles, used the car for 2,000...

Q: Stephanie Parker is a salaried, nonexempt administrator for Forise Industries and

Stephanie Parker is a salaried, nonexempt administrator for Forise Industries and is paid biweekly. Her annual salary is $63,000, and her standard workweek is 45 hours. During the pay period ending Fe...

Q: Rico Musgrove is an 18-year-old worker in the

Rico Musgrove is an 18-year-old worker in the receiving department of Trynix Inc. in St. Paul, Minnesota. On his first paycheck, he notices that he received $170.00 gross pay for 40 hours of work. Did...

Q: Bobby Howard is a salaried exempt employee at Coric Industries. He

Bobby Howard is a salaried exempt employee at Coric Industries. He is married with two withholding allowances. His contract stipulates a 40-hour work week at $47,500 per year. During the week ending N...

Q: Cheryl Bryant completed 22 custom cakes on her 18-cake contract

Cheryl Bryant completed 22 custom cakes on her 18-cake contract as an employee of Frontier Wedding Planners. There is a bonus earned if the individual exceeds 145% of their piece contract. How many ca...

Q: Morris Lann works for Talbert Electronics. He is a shared employee

Morris Lann works for Talbert Electronics. He is a shared employee; he works in the manufacturing department and has been trained to work the sales counter in need. He was asked to work in the sales d...

Q: Gail Schneeweis is a nurse at Central City Hospital. She is

Gail Schneeweis is a nurse at Central City Hospital. She is paid $32.50 per hour and has a 40-hour standard work week. During the biweekly pay period from January 15-29, she worked a total of 87 hours...

Q: Terry McNutt, a single employee with two dependents, is paid

Terry McNutt, a single employee with two dependents, is paid $12 per hour and receives commission on net sales. He does not receive a commission until his net sales exceed $150,000. Once the minimum s...