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 his employer pay him correctly? Explain.
> Shelli Quintanilla is the concierge at Hotel Amize, where she is a nonexempt employee earning $18 per hour plus a $250 biweekly bonus based on customer reviews. During the pay period of November 27 – December 10, she worked 85 hours and earned the entire
> Doris Black completed 1,750 pieces on her 2,000-piece contract for Make it Work. There is a bonus earned if the individual exceeds 115% of the piece contract. How many pieces must Doris complete in the remainder of the week to receive the bonus?
> Solvegi Jameson is a salaried exempt employee at Big State Collage with a contract that stipulates 35 hours per week at $57,000 per year. She is married filing joint with two dependents under 17. The pay period ending November 26 contained two company pa
> Annie Adams is a 19-year-old accounting clerk with Quijen Accounting Solutions. During the first month of her employment with a firm, she noticed that she received $369.75 for her first biweekly pay covering 87 regular hours. Did the employer pay her cor
> Latoyia Judge is a piece-rate employee at Anible Computers. She receives $30 for each desktop computer that she assembles and has a standard 40-hour work week. During the weekly pay period ending December 15, she completed the assembly of 48 computers an
> Gail Richter worked the following schedule: Monday, 7 hours 42 minutes; Tuesday, 8 hours 23 minutes; Wednesday, 9 hours 28 minutes; Thursday, 8 hours 12 minutes; Friday, 8 hours 6 minutes. The employer pays overtime in accordance with FLSA regulations. D
> Herman Watkins is in the payroll department of Neombee Plastics, a multistate company. The company has historically been filing employee information with each state. What alternative exists for multistate employers?
> Lila Rivera is a new employee for Divera Glass. Which Federal forms must he complete as part of the hiring process?
> Tara Morris, a payroll clerk, has received a promotion and is now the payroll supervisor for Fligen Enterprises. What document control items could now become her responsibility?
> Francesca Aldri started as a payroll accountant at Sticktoit Adhesives, a company with 100 employees. She soon notices that the former payroll accountant had been processing payroll manually and suggests that the company immediately switch to cloud-based
> Abraham Manning is a new employee of Symity Batteries. He is curious about the purpose of the requirements for new hire documentation to be forwarded to government agencies. What should you tell him?
> Roland Wexler was terminated for cause from Santel Auto Parts in North Carolina on July 20, 2021. As of the date of his termination, he had worked 22 hours of regular time. Employees at Santel Auto Parts are paid semimonthly on the 15th and last day of t
> Alfredo Bellini is the payroll accountant for Pyrodono Fireworks and he has been asked for information about employees and independent contractors. What are the key differences between employees and independent contractors?
> Larissa Abiodun is a senior payroll administrator for Falcive Landscape Design. The company has 15 employees and annual revenues of $10 million. She has been using and maintaining manual payroll records for the last 20 years of her career. The president
> Eugene Roberson works as a payroll clerk at Hyperend Inc. He shares an office with three other co-workers and must examine documents containing personal information as a regular part of his duties. Based on the provisions of the Privacy Act of 1974, what
> Nitza Croce is an employee of Autonder, a contractor that provides governmental construction services in Washington, D.C. The current contract is for $250,000. Nitza is 22 and is paid $9.50 per hour. How does the Walsh-Healey Public Contracts Act affect
> Kalea Germain is a warehouse worker for a small grocery market. As she was moving some merchandise, the loading dock door unexpectedly fell and injured her. How does OSHA apply to Kalea for this type of injury?
> Micah Sherman works in the payroll department at Radiance Windows. The employer has determined that the payroll functions should be moved to a cloud-based platform that can support its 500 employees, be used remotely, and have requested recommendations.
> Lillian Weatherby receives her pay every other week while working for the federal government. Which of the following choices describes her pay frequency?
> George Sargent is a new employee at Asbury Park Entertainment. He is debating if he should enroll in a POP with the opportunity for an FSA or an HDHP with an opportunity for an HSA. The POP premium is $350 per month and the annual deductible is $500. For
> Elijah Hamilton is the payroll accountant at White Box Builders. He is preparing an information package about voluntary and fringe benefits. Using the following list of fringe benefits, classify each benefit as pre-tax or post-tax and if it is taxable or
> Gavin Range is the payroll accountant for Comptech Industries. His employer decided to use the special accounting rule for 2021. Which months may be included in the special accounting rule?
> Nigel McCloskey is a waiter at Albicious Foods in South Carolina. He is single with one other dependent. He receives the standard tipped hourly wage. During the week ending October 22, 20XX, he worked 44 hours and he received $210 in tips. Calculate his
> Complete the I-9 for employment at Plexivent Plastics starting 9/6/2021. The employer’s address is 1 Plastics Way, Lincoln Valley, ND 58430, and EIN is 56-4658631. Henry is starting work on 9/6/2021. Be sure to complete Section 2 of Form I-9. Henry Walke
> Complete the W-4 for employment at Plexivent Plastics starting 9/6/2021. The employers address is 1 Plastics Way, Lincoln Valley, ND 58430, and EIN is 56-4658631. Henry Walker Pierce 2024 Denhoff Highway, Apartment 12 Lincoln Valley, ND 58430 SSN: 687-55
> Cahya Russell is a new employee in the payroll department for Winhook Industries. She has had several employees approach her with questions but is unsure how privacy regulations could affect her response. What advice would you give her about privacy laws
> Telemarketers receive $15 commission on all new customers they sign up for cell phone service through Movill Networks. Each telemarketer works 40 hours. The company ran a competition this week to see who could sign up the largest number of new customers,
> Geraldine Wolfe is a supervisor at Fantastigifts. She has an annual salary of $45,000, paid biweekly, and a garnishment for consumer credit of $375. Assuming that her disposable income is 80 percent of her gross pay per period, does the garnishment follo
> Marcell Teague submitted a pay card reflecting the following hours worked at Kicy Inc. He earns $16.02 per hour. The company pays overtime only on hours worked exceeding 40 per week. The company is considering changing from quarter-hour to hundredth-hour
> Kira Tran, a nonexempt employee at Winslow Woods, works a standard 7:00–4:00 schedule with an hour for lunch. Kira received overtime pay for hours in excess of 40 per week. During the week, she worked the following schedule: How many hours of overtime d
> You are the payroll accounting clerk for your company, Conose Advertising, which has 50 employees. The controller has recently switched the firm from an in-house payroll system to an outsourced payroll provider. What are your responsibilities within the
> A group of employees, who read on a website that income tax collection is illegal, approach Hawa Furst, the controller for a large company. They request that he stop withholding income taxes from their pay unless he can explain what laws govern income ta
> Elias Motta is the office manager and payroll clerk for his company, composed of 12 employees. An employee, Sylvia Gladwin, stops by Elias's office and wants to view her payroll record. What privacy regulations must Elias consider before granting her co-
> Reuben Walker is a part-time worker for Senior Solvers who uses company equipment in the performance of his job duties. He asks the payroll supervisor, Gina Turner, to grant him independent contractor status. What should Gina tell him?
> Hayim Accardi is the accounting manager for a small, local firm with full- and part-time staff. How do FLSA guidelines regarding working hours apply to Hayim’s employees?
> Joy Warren is an employee at Jankoski Cycles. She earns a salary of $37,765 annually, paid semimonthly. She contributes to the following fringe benefits and other deductions: Medical insurance, $220 per pay period Dental insurance, $15 per pay period 401
> Brent Bishop is the Vice President of Operations for Southern Sweets Bakery. He drives a 2021 Toyota Prius as his company car, and it has a fair market value of $41,500. The annual lease for the vehicle is $10,750. He reported driving 34,750 miles during
> Judi Pendegrass is an account representative at Ever Pharmaceuticals. She has a company car for customer visits, which she uses to commute from work to home on Friday nights and from home to work on Monday mornings, 50 weeks per year. Her commute is 25 m
> John Cotton is an employee at Radiance Senior Living. He received the following benefits from his employer during 2021 on the company’s location for company purposes: Personal protective equipment: $50 per month Employer-provided cell phone: $50 per mont
> Keren Wiseman is an employee of Dimensionworks Designs in New Mexico. She received the following achievement awards from her employer during 2021: Best safety plan, Santa Fe County: $1,200 Top emergency plan layout, New Mexico: $1,600 Ten-year employee a
> Susana Robledo is the office manager for Wardley and Sons Auto Detailing. Because it is a small office she is required to keep track of all employee records and pay both employees and contractors. Which of the following are legal factors that will differ
> Alisha Thomas is a graphic designer at a large marketing firm. She earns $56,000 annually, paid biweekly. She contributes 5 percent of her gross pay to her qualified 401(k) plan on a pre-tax basis and has a pre-tax medical premium of $350. What is her ta
> Joe Ramsey is a computer programmer at Biosphere Communications. He approaches you, the payroll accountant about his garnishment for child support, claiming that he wishes to remit it personally because he needs to increase his net pay. What advice shoul
> Geoffrey Young, an outside sales representative for Marshall Communications, receives 20 percent commission on all new marketing packages he receives in his sales territory. During the week ending April 2, he sold $9,700 of new subscriptions and worked 4
> 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 sales volume is reached, he receives 4 percent commissi
> 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. What is her gross pay? Round your intermediate calcu
> 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 department for two days, 5 hours each day during other
> 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 cakes must Cheryl complete in the remainder of the week
> 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 November 27, there was a company paid holiday for one d
> 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 February 3, 2021, she worked 8 hours overtime. She is ma
> 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 miles for personal use, and his employer paid for fue
> 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 all sales during the pay period. During the weekly pay p
> 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 wage in Connecticut, calculate each employee’s minimu
> Brian Packer worked the following schedule: Monday, 9 hours; Tuesday, 7 hours 30 minutes; Wednesday, 8 hours 48 minutes; Thursday, 8 hours 25 minutes; Friday, 8 hours. The employer pays overtime for all time worked in excess of 40 hours per week. Compute
> Ted McCormick is a full-time life insurance agent with Centixo Insurance, a small insurance company. The company has classified him as an employee, and he feels that he should be classified as an independent contractor because he receives no company bene
> Twinte Cars, a California corporation, has internal corporate requirements that stipulate a three-year payroll document retention period. They enter into a contract with an international company that mandates a six-year payroll document retention require
> Maria Rupert is the payroll supervisor at All Family Investments. Management is requesting to have the investment salespeople, who are paid on an hourly basis, be classified as exempt employees because their job duties occasionally require evening and we
> Aaron Tallchief is a citizen of the Northern Pomo Indian Nation. In completing his I-9, he provides an official Northern Pomo Nation birth certificate to establish identification and employment eligibility. Is this sufficient documentation? Why or why no
> Leona Figueroa is a new employee in the payroll department of Octolium Computers. After working at the company for one week, she asks you why it is so important to submit new hire documentation. What guidance will you offer her?
> You are the new payroll supervisor for your company. Which payroll documentation control procedures are now your responsibility?
> Louis Trivaldi is a Vice President of Sales at Fields Brothers Autos and earns a salary of $59,000. What is Louis’s period pay for each of the following pay frequencies:
> You have been hired as a consultant for Semiva Productions, a company facing an IRS audit of their accounting records. During your review, you notice anomalies in the payroll system involving overpayments of labor and payments to terminated employees. Wh
> Project labor agreements (PLAs) are used in certain states to promote pay and benefit equity for construction workers. Specifically, PLAs ensure that construction workers who choose not to join a union have access to the same pay and benefits as their un
> Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $94,000 in raw materials were purchased for cash. b. $89,000 in raw materials were use
> Dillon Products manufactures various machined parts to customer specifications. The company uses a job-order costing system and applies overhead cost to jobs on the basis of machine-hours. At the beginning of the year, the company used a cost formula to
> The following information is taken from the accounts of Latta Company. The entries in the T-accounts are summaries of the transactions that affected those accounts during the year. The overhead that had been applied to production during the year is dist
> Refer to the data in Exercise 6–16. Assume that Minneapolis’ sales by major market are: The company would like to initiate an intensive advertising campaign in one of the two market segments during the next month. The
> Refer to the data in Exercise 6–14 for Chuck Wagon Grills. Assume in this exercise that the company uses absorption costing. Required: 1. Compute the unit product cost for one barbecue grill. 2. Prepare an income statement for last year.
> Refer to the data in Exercise 6–1 for Ida Company. The absorption costing income statement prepared by the company’s accountant for last year appears as shown: Required: 1. Under absorption costing, how much fixed man
> Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $850. Selected data for the company’s operations last year follow: Required: 1. Assume that the company us
> The following cost data relate to the manufacturing activities of Chang Company during the just completed year: The company uses a predetermined overhead rate of $25 per machine-hour to apply overhead cost to jobs. A total of 19,400 machine-hours were u
> Osborn Manufacturing uses a predetermined overhead rate of $18.20 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $218,400 of total manufacturing overhead for an estimated activity level of 12,000 direct labor-ho
> Primare Corporation has provided the following data concerning last month’s manufacturing operations. Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the mon
> What are the four types of costs summarized in a quality cost report? How do companies generally seek to lower their cost of quality?
> Below are listed various costs that are found in organizations. 1. Hamburger buns in a Wendy’s restaurant. 2. Advertising by a dental office. 3. Apples processed and canned by Del Monte. 4. Shipping canned apples from a Del Monte plant
> The Alpine House, Inc. is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: ……………………………………………………………….Amount Sales ………………………………………………………… $150,000 Selling price per pair of skis ………………….………………
> Wollogong Group Ltd. of New South Wales, Australia, acquired its factory building 10 years ago. For several years, the company has rented out a small annex attached to the rear of the building for $30,000 per year. The renter’s lease wi
> Refer to the data given in Exercise 1-7. Answer all questions independently. Required: 1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 22,000 units are produced and sold, what is the variable cost pe
> Refer to the data given in Exercise 1-7. Answer all questions independently. Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. For financial accounting purposes, what is the total
> Superior Micro Products uses the weighted-average method in its process costing system. During January, the Assembly Department completed its processing of 25,000 units and transferred them to the next department. The cost of beginning work in process in
> Alaskan Fisheries, Inc., processes salmon for various distributors and it uses the weighted average method in its process costing system. The company has two processing departments cleaning and Packing. Data relating to pounds of salmon processed in the
> The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Each unit requires 0.2 direct labor-hours and direct laborers are paid $16.00 per hour. In addition, th
> Dawson Toys, Ltd., produces a toy called the Maze. The company has recently created a standard cost system to help control costs and has established the following standards for the Maze toy: During July, the company produced 3,000 Maze toys. The toy&aci
> Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: During the most recent month, the following activity was recorded: a. Twenty thousand pounds of ma
> What are the four categories of measures in a balanced scorecard?
> Quality Motor Company is an auto repair shop that uses standards to control its labor time and labor cost. The standard labor cost for a motor tune-up is given below: The record showing the time spent in the shop last week on motor tune-ups has been mis
> Logistics Solutions provides order fulfillment services for dot.com merchants. The company maintains warehouses that stock items carried by its dot.com clients. When a client receives an order from a customer, the order is forwarded to Logistics Solution
> SkyChefs, Inc. prepares in-flight meals for a number of major airlines. One of the company’s products is grilled salmon with new potatoes and mixed vegetables. During the most recent week, the company prepared 4,000 of these meals using 960 direct labor-
> Lindon Company is the exclusive distributor for an automotive product that sells for $40 per unit and has a CM ratio of 30%. The company’s fixed expenses are $180,000 per year. The company plans to sell 16,000 units this year. Required: 1. What are the
> Mauro Products distributes a single product, a woven basket whose selling price is $15 per unit and whose variable expense is $12 per unit. The company’s monthly fixed expense is $4,200. Required: 1. Calculate the company’s break-even point in unit sale
> Data concerning a recent period’s activity in the Prep Department, the first processing department in a company that uses process costing, appear below: A total of 20,100 units were completed and transferred to the next processing depa
> Bandar Industries manufactures sporting equipment. One of the company’s products is a football helmet that requires special plastic. During the quarter ending June 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. The plasti
> “I thought lean production was supposed to make us more efficient” commented Ben Carrick, manufacturing vice president of Vorelli Industries. “But just look at June’s manufacturing v
> Simmons Company is a merchandiser with multiple store locations. One of its store managers is considering a shift in her store’s product mix in anticipation of a strengthening economy. Her store would invest $800,000 in more expensive merchandise (an inc
> Darwin Company manufactures only one product that it sells for $200 per unit. The company uses plantwide overhead cost allocation based on the number of units produced. It provided the following estimates at the beginning of the year: During the year, t
> Why is using sales dollars as an allocation base usually a poor choice for allocating fixed costs to operating departments?
> Koontz Company manufactures two models of industrial components—a Basic model and an Advanced Model. The company considers all of its manufacturing overhead costs to be fixed and it uses plantwide manufacturing overhead cost allocation
> A comparative balance sheet and an income statement for Rowan Company are given below: Rowan also provided the following information: 1. The company sold equipment that had an original cost of $16 million and accumulated depreciation of $9 million. The
> Millen Corporation is a merchandiser that is preparing a master budget for the month of July. The company’s balance sheet as of June 30 is shown below: Millen’s managers have made the following additional assumptions
> Newton Company manufactures and sells one product. The company assembled the following projections for its first year of operations: During its first year of operations Newton expects to produce 25,000 units and sell 20,000 units. The budgeted selling p
