Stein Advertising pays Brooke Peet $64,680 per year. Requirements What is the hourly cost to Stein Advertising of employing Peet? Assume a 30-hour week and a 49-week year. What direct labor cost would be assigned to Client 507 if Peet works 19 hours to prepare Client 507's magazine ad? 1. 2. Requirement 1. What is the hourly cost to Stein Advertising of employing Peet? Assume a 30-hour week and 49-week year. Select the formula below that Stein Advertising would use to calculate the hourly cost and complete the formula. (Round the hourly cost to the nearest cent.) Hourly cost h + CH = ... =
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- Brooks Advertising pays Lee Young $97,290 per year. Requirements 1. What is the hourly cost to Brooks Advertising of employing Young? Assume a 45-hour week and a 47-week year. 2. What direct labor cost would be assigned to Client 507 if Young works 19 hours to prepare Client 507's magazine ad? Requirement 1. What is the hourly cost to Brooks Advertising of employing Young? Assume a 45-hour week and 47-week year. Select the formula below that Brooks Advertising would use to calculate the hourly cost and complete the formula. (Round the hourly cost to the nearest cent.) + Hourly costK Pitt Accounting pays Peter Geller $97.290 per year Requirements 1. 2. What is the hourly cost to Pitt Accounting of employing Geller? Assume a 45-hour week and a 47-week year What direct labor cost would be assigned to Client 507 if Geller works 15 hours to prepare Client 507's financial statements? Requirement 1. What is the hourly cost to Pitt Accounting of employing Geller? Assume a 45-hour week and 47-week year Select the formula below that Pitt Accounting would use to calculate the hourly cost and complete the formula (Round the hourly cost to the nearest cent) Hourly cost Requirement 2. What direct labor cost would be assigned to Client 507 if Geller works 15 hours to prepare Client 507's financial statements? Select the fomula below that would be used to calculate the direct labor cost assigned to Client 507 and calculate that cost (Round the direct labor cost to the nearest cent). Direct labor costUsing job order costing in a service company Roth Accounting pays Jack Smith $90,000 per year.</p><p> Requirements What is the hourly cost to Roth Accounting for employing Smith? Assume a 30-hour week and a 50-week year. What direct labor cost would be assigned to Client 507 if Smith works 15 hours to prepare Client 507’s financial statements?
- Godo Lawyer Sophia is paid a salary of $100,000 per year. The law firm expects her to spend 2,000 hours a year performing legal work for clients (50 weeks X 40 hours per week). Therefore, for job costing purposes, the law firm converts her annual salary to an hourly cost rate:The chief estimator has asked you to determine the average hourly cost for equipnent operators using the information below.. The plan is to work 48 hours per week (8 hours Monday - Saturday). Overtime is paid for over 40 hours at a rate of Tirme and a half. Base Wage - $22.00 per hour Social Security Tax - 7.65% Unermployment Compensation Tax - 2.75% Worker Compensation Insurance $32.00/100 Public liability/Property Damage Insurance $3.10/100 Fringe Benefits $6.25 per hourCabrera Accounting pays Shanaya Kapoor $63,480 per year.(Round your answers to two decimal places when needed and use rounded answers for all future calculations).1. What is the hourly cost to Cabrera Accounting of employing Shanaya Kapoor? Assume it is a 31 hour work week and the work 50 weeks a year. Weeks per year ? Hours per week = Work hours per year = Yearly Rate ? Hours per year = Cost per hour = 2. What is the direct labor cost assigned to Client 123 when Shanaya Kapoor works 18 hours to prepare Clients 123 financial statements? Hours worked ? Rate per hour = Direct Labor Cost =
- Lisa Claussen, CPA, pays her new staff accountant, Gina, a salary equivalent to $27 per hour while Lisa receives a salary equivalent to $39 per hour. The firm's predetermined indirect cost allocation rate for the year is $16 per hour. Claussen bills for the firm's services at 25% over cost. Assume Lisa works 1 hours and Gina works 16 hours preparing a tax return for Mikayla Jones. 1. What is the total cost of preparing Jones's tax return? 2. How much will Lisa bill Jones for the tax work? 1. What is the total cost of preparing Jones's tax return? Enter the direct and indirect costs for preparing Jones's tax return. Direct Cost: Lisa's time Direct Cost: Gina's time Total Direct Cost: Indirect Cost: Total cost of preparing tax return hrs. hrs. hrs.Cabrera Accounting pays Shanaya Kapoor $62,050 per year. (Round your answers to two decimal places when needed and use rounded answers for all future calculations). 1. What is the hourly cost to Cabrera Accounting of employing Shanaya Kapoor? Assume it is a 38 hour work week and the work 50 weeks a year. Weeks per year ? Hours per week = Work hours per year Yearly Rate ? Hours per year = Cost per hour = = 2. What is the direct labor cost assigned to Client 123 when Shanaya Kapoor works 17 hours to prepare Clients 123 financial statements? Submit All Parts Hours worked ? Rate per hour = Direct Labor Cost =Lem Company pays time and a half for hours in excess of 40 hours per week. If an individual is paid P60 per hour and work 44 hours a week, what is the amount direct labor:
- Required: Each of the following workers is a piece-rate worker at Golden Boats in Connecticut. If the employees have a standard 40-hour workweek, what is their effective hourly wage? Based on the state's minimum wage in Connecticut, calculate each employee's minimum weekly pay. What is the difference the employer must pay between the calculated gross pay and the calculated state's minimum pay if any? Use Table 3-1. (Reminder: Divide gross pay by 40 hours to determine the hourly wage.) Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Difference to PCR Worker Р Number of Items 31 boat hulls Rate per Item $ 31.00 Gross Pay Gross pay divided by 40 hours Minimum Pay Be Paid by the Employer per hour Q 154 seat covers $ 10.27 per hour 16 steering mechanisms $ 25.60 per hourA worker is paid the day-work rate if she earns less than 100% incentive premium. The standard is 75 units per hour, and the operator completes 140 good parts in 1.4 hours. The wage rate is $25/hour. Find the piece rate. What are the earnings and labor efficiency?This is my assignment Guidlines: Problem Analyze the potential impact of an Employer of Last Resort program using the data in exam.dta. The program will provide a job to anyone aged 18 to 67 years old that applies, until it runs out of money. The annual budget for the program is $35 billion. The jobs will be full-time (40 hours per week), full-year, and pay $15 per hour. Assume that the likelihood that someone will apply for a job under the program is equivalent to the likelihood that they are employed. Also, assume that there will be more applicants than available positions. In your answer, be sure to include the impact on racial and gender inequality (in other words differences in incomes by race and gender) and differences in poverty rates, as well as on overall poverty and inequality. In order to complete your answer, you must complete the following steps: Identify the individuals that will take a job under the ELR program. Be sure to include your justification for who you…