Home / Questions / Kathy Burnett works for Triumph Industries Her pay rate is $13.44 per hour and she receive...
Kathy Burnett works for Triumph Industries. Her pay rate is $13.44 per hour and she receives overtime pay at one and one-half times her regular hourly rate for any hours worked beyond 40 in a week. During the pay period that ended December 31, 2019, Kathy worked 42 hours. Kathy is married and claims three withholding allowances on her W-4 form. Kathy’s cumulative earnings prior to this pay period total $29,000. Kathy’s wages are subject to the following deductions: 1. Social Security tax at 6.2 percent 2. Medicare tax at 1.45 percent 3. Federal income tax (use the withholding table shown in Figure 10.2B) 4. Health and disability insurance premiums, $161 5. Charitable contribution, $18 6. U.S. Savings Bond, $100 INSTRUCTIONS 1. Compute Kathy’s regular, overtime, gross, and net pay. 2. Assuming the weekly payroll has been recorded, journalize the payment of her wages for the week ended December 31, 2019. Use 54 as the page number for the general journal. Analyze: Based on Kathy’s cumulative earnings through December 31, how much overtime pay did she earn this year? View Solution:
Apr 02 2020 View more View Less
Discuss why Transactional leaders are leaders who guide by_ _?
Aug 22 2020A 40g bullet is fired with a horizontal velocity of 600 m/s into the lower end of a slender 7 kg bar of length L=600 mm. Knowing that h= 240 mm and that the bar is initia...
May 13 2020Discuss the four stages of urine formation: glomerular filtration, tubular reabsorption, tubular secretion, and water conservation.
Apr 15 2020Explain the following briefly with your own words. (max 200 words for each.)Assume as if you are explaning the matter to one of your colleagues who did not take acc. & fi...
Aug 17 2020With antibiotic resistance rising, researchers are looking for ways to reduce use of these drugs. Some cattle once fed antibiotic-laced food now get probiotic feed that c...
Jul 05 2021What products would you expect from oxymercuration-demercuration of the following alkenes?(a) CH3CH2CH2CH=CH2 1-Pentene(b) 2-Methyl-2-pentene
Jun 14 2021There are diverse results of the companies which got their national quality awards. Some are developing very well and some are in not so good conditions. Give an analysi...
Aug 24 2020Questions - Engineering - Civil engineering - class homework assignment - set 3 Question – 1 In prestressing work, if more than one wire or strand is included in the sa...
May 24 2020Assume that the haircut for all assets is 15 basis points and for all liabilities, 25 basis points (per year). Does the investment bank have sufficient liquid capital...
Nov 25 2019What is one counter-argument to the premise that the wealth gap is a serious problem which needs to be addressed?
Jul 04 2021