PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN: 9781337619783
Author: BIEG
Publisher: CENGAGE L
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Question
Chapter 2, Problem 9PA
a.
To determine
Calculate number of hours worked each day for K.
a.
Expert Solution
Explanation of Solution
Calculate number of hours worked each day for K.
| Monday | ||
| Session | Time | Hours worked |
| Morning | 7:50 to 12:00 | 4 hours 10 minutes |
| Afternoon | 12:50 to 5:01 | 4 hours 11 minutes |
| Total hours worked | 8 hours 21 minutes (rounded to 8 hours 30 minutes) | |
Table (1)
Note: According to fraction hour, 21 minutes will come under the second quarter. Hence, it will be considered as 30 minutes.
| Tuesday | ||
| Session | Time | Hours worked |
| Morning | 7:56 to 12:01 | 4 hours 5 minutes |
| Afternoon | 12:49 to 5:02 | 4 hours 13 minutes |
| Overtime | 5:30 to 7:31 | 2 hours 1 minute |
| Total hours worked | 10 hours 19 minutes (rounded to 10 hours 30 minutes) | |
Table (2)
Note: According to fraction hour, 19 minutes will come under the second quarter. Hence, it will be considered as 30 minutes.
| Wednesday | ||
| Session | Time | Hours worked |
| Morning | 7:59 to 12:02 | 4 hours 3 minutes |
| Afternoon | 12:58 to 5:03 | 4 hours 5 minutes |
| Total hours worked | 8 hours 8 minutes (rounded to 8 hours 15 minutes) | |
Table (3)
Note: According to fraction hour, 8 minutes will come under the first quarter. Hence, it will be considered as 15 minutes.
| Thursday | ||
| Session | Time | Hours worked |
| Morning | 7:45 to 12:00 | 4 hours 15 minutes |
| Afternoon | 12:55 to 5:00 | 4 hours 5 minutes |
| Overtime | 5:29 to 8:02 | 2 hours 33 minutes |
| Total hours worked | 10 hours 53 minutes (rounded to 11 hours ) | |
Table (4)
Note: According to fraction hour, 53 minutes will come under the fourth quarter. Hence, it will be considered as 60 minutes.
| Friday | ||
| Session | Time | Hours worked |
| Morning | 8:01 to 12:01 | 4 hours |
| Afternoon | 1:00 to 5:01 | 4 hours 1 minute |
| Overtime | 6:00 to 7:30 | 1 hour 30 minutes |
| Total hours worked | 9 hours 31 minutes (rounded to 9 hours 45 minutes ) | |
Table (5)
Note: According to fraction hour, 31 minutes will come under the third quarter. Hence, it will be considered as 45 minutes.
| Saturday | ||
| Session | Time | Hours worked |
| Morning | 7:48 to 12:02 | 4 hours 14 minutes |
| Afternoon | - | |
| Total hours worked | 4 hours 14 minutes (rounded to 4 hours 15 minutes) | |
Table (6)
Note: According to fraction hour, 14 minutes will come under the first quarter. Hence, it will be considered as 15 minutes.
| Sunday | ||
| Session | Time | Hours worked |
| Morning | - | |
| Afternoon | 2:00 to 6:03 | 4 hours 3 minutes |
| Total hours worked | 4 hours 3 minutes (rounded to 4 hours 15 minutes) | |
Table (7)
Note: According to fraction hour, 3 minutes will come under the first quarter. Hence, it will be considered as 15 minutes.
Note: Saturday and Sunday is not a normal working day. So, the working hours of an employee on Saturday and Sunday is considered as overtime.
b.
To determine
Calculate the total number of hours worked by K.
b.
Expert Solution
Explanation of Solution
Calculate the total number of hours worked by K.
Hence, the total number of hours worked by K is 56 hours 30 minutes.
c.
To determine
Calculate the regular earnings for K.
c.
Expert Solution
Explanation of Solution
Regular earnings: Generally, employees in a firm work in pre-determined hours (40 hours) and get paid accordingly. The amount of earnings that is calculated based predetermined hours is called as regular earnings of an employee.
Calculate the regular earnings for K.
Hence, the regular earnings for K is $540.
d.
To determine
Calculate the overtime earnings for K.
d.
Expert Solution
Explanation of Solution
Overtime Earnings: If an employee works more than the stipulated working hours (more than 40 hours) of the employment then, the employee is mandated to get paid one and a half times more than the normal working pay. This one and half times can be termed as overtime premium or earnings.
Calculate the overtime earnings for K.
Step 1: Calculate the number of overtime hours worked. and overtime rate for Weekday, Saturday and Sunday.
Note: Out of 16 hours 30 minutes, 12 hours 15 minutes is the overtime of week days and Saturday, and the remaining 4 hours 15 minutes is the overtime on Sunday.
Step 2: Calculate overtime rate for Weekday, Saturday and Sunday.
Calculate overtime rate for weekday and Saturday.
Calculate overtime rate for Sunday.
Step 3: Calculate the overtime earnings:
Hence, the overtime earnings for K is $362.81.
e.
To determine
Calculate the total earnings for K.
e.
Expert Solution
Explanation of Solution
Total Earnings: It is the amount of employee’s gross earnings during a period. It includes regular earnings plus overtime earnings or any bonus or commission if applicable.
Calculate the total earnings for K.
Hence, the total earnings for K are $902.81.
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Chapter 2 Solutions
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Ch. 2 - Prob. 1SSQCh. 2 - Prob. 2SSQCh. 2 - Compute the hourly and overtime rates for a...Ch. 2 - Bruce Eaton is paid 10 cents per unit under the...Ch. 2 - Prob. 1MQCh. 2 - Prob. 1QRCh. 2 - Prob. 2QRCh. 2 - Prob. 3QRCh. 2 - Prob. 4QRCh. 2 - Prob. 5QR
Ch. 2 - Prob. 6QRCh. 2 - Prob. 7QRCh. 2 - Prob. 8QRCh. 2 - Prob. 9QRCh. 2 - Prob. 10QRCh. 2 - Prob. 11QRCh. 2 - Prob. 12QRCh. 2 - Prob. 13QRCh. 2 - Prob. 14QRCh. 2 - Prob. 15QRCh. 2 - When is time spent by employees in attending...Ch. 2 - Under what conditions would preliminary and...Ch. 2 - Prob. 18QRCh. 2 - Prob. 19QRCh. 2 - Prob. 20QRCh. 2 - Prob. 21QRCh. 2 - Prob. 22QRCh. 2 - Prob. 23QRCh. 2 - Prob. 24QRCh. 2 - Prob. 25QRCh. 2 - Prob. 1QDCh. 2 - Prob. 2QDCh. 2 - Prob. 3QDCh. 2 - Prob. 4QDCh. 2 - Mack Banta, a nonexempt account representative,...Ch. 2 - Prob. 1PACh. 2 - Prob. 2PACh. 2 - Prob. 3PACh. 2 - The wages and hours information for five employees...Ch. 2 - Gabrielle Hunter, a waitress at the...Ch. 2 - Prob. 6PACh. 2 - John Porter is an hourly employee of Motter...Ch. 2 - Prob. 8PACh. 2 - Prob. 9PACh. 2 - Prob. 10PACh. 2 - Potts, Inc., recently converted from a 5-day,...Ch. 2 - Kyle Forman worked 47 hours during the week for...Ch. 2 - Barbara Ripa receives 695 for a regular 40-hour...Ch. 2 - Cal DiMangino earns 2,875 each month and works 40...Ch. 2 - Sheila Williams, a medical secretary, earns 3,575...Ch. 2 - Prob. 16PACh. 2 - Prob. 17PACh. 2 - During the first week in November, Erin Mills...Ch. 2 - Refer to Problem 2-18A. Assume that Mills had...Ch. 2 - Wendy Epstein, a sales representative, earns an...Ch. 2 - Prob. 21PACh. 2 - Casey Collins average workweek during the first...Ch. 2 - Prob. 1PBCh. 2 - Bert Garro is a waiter at La Bron House, where he...Ch. 2 - Prob. 3PBCh. 2 - The wages and hours information for five employees...Ch. 2 - Hunter Sobitson, a waiter at the Twentieth Hole...Ch. 2 - Prob. 6PBCh. 2 - Prob. 7PBCh. 2 - Prob. 8PBCh. 2 - Prob. 9PBCh. 2 - Under the decimal system of computing time worked...Ch. 2 - Costa, Inc., recently converted from a 5-day,...Ch. 2 - Prob. 12PBCh. 2 - Kenneth Johanson worked 49 hours during the week...Ch. 2 - Carl La Duca earns 3,875 each month and works 40...Ch. 2 - Prob. 15PBCh. 2 - Jody Baush is a salaried employee who normally...Ch. 2 - Colleen Prescott is a salaried employee who works...Ch. 2 - During the first week in April, Courtney Nelson...Ch. 2 - Refer to Problem 2-18B. Assume that Nelson had...Ch. 2 - Warrenda Spuhn, a sales representative, earns an...Ch. 2 - Maria Cohen is employed as a salesperson in the...Ch. 2 - Connie Gibbs collected a 2,000 bonus for her...Ch. 2 - Prob. 1CPCh. 2 - Prob. 2CP
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