Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Accounting Basics Expert

Time Card Shows the Time Worked one week by Hal Carsom

The following time card shows the time worked one week by Hal Carsom. The employer disregards any time before 8:00 A.M. or between 12:00 and 1:00 P.M. and after 5:00 P.M. Employees do not begin work until 8:00 A.M. or 1:00 P.M., and do not work beyond 5:00 P.M., unless they are asked to work overtime. Hours worked beyond the regular 8-hour day and on Saturday are paid at one and one-half times the regular rate.
Hours worked on Sunday are paid double the regular rate. Fractions of the hour for time worked are based on full quarter-hour increments.

Carsom's regular wage rate is $14.10 per hour, and the regular workweek is 40 hours with five 8-hour days. Compute:

a. The hours worked each day. (Ignore the one-minute tardiness on Friday.) . . . . . . . . . . . . . . . . . . . . .
b. The total hours worked . . . . . . . .
c. The regular earnings . . . . . . . . . . . $
d. The overtime earnings. . . . . . . . . .
e. The total earnings . . . . . . . . . . . . . $

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91787713
  • Price:- $25

Priced at Now at $25, Verified Solution

Have any Question?


Related Questions in Accounting Basics

Question in this assignment you will write an executive

Question: In this assignment, you will write an executive summary analyzing the exchange risks, country risks, and political risks the company executive team needs to be aware of in building a manufacturing facility in B ...

Question - dave has had a really good idea for a marketing

Question - Dave has had a really good idea for a marketing campaign for the business he works for. Unfortunately, he is been too busy to write down the idea but he tells his boss Mary about it all the same. Mary writes u ...

Question solve the following questions by using excel

Question: Solve the following questions by using Excel formula. Show me your data 1. If you deposit $20,000 in a bank account that pays 15% interest annually, how much will be in your account after 6 years? 2. If you are ...

Question what discoveries have you made in your research

Question: What discoveries have you made in your research and how does this information inform your ability to evaluate effective coaching and its impact on organizations? Consider these guiding questions: 1. What core c ...

Question - on september 1 kennedy company loaned 120000 at

Question - On September 1, Kennedy Company loaned $120,000, at 10% annual interest, to a customer. Interest and principal will be collected when the loan matures one year from the issue date. Assuming adjustments are onl ...

Question - on january 1 2017 boston enterprises issues

Question - On January 1, 2017, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest semiannually on June 30 and December 31. The bonds are sold at par. Explain how it ...

Question hg wells once said statistical thinking will one

Question: H.G. Wells once said, "Statistical thinking will one day be as necessary for efficient citizenship as the ability to read and write!" What part will statistics play in the Global Society? Take a position on whe ...

Question - suppose the interest rate is 83 apr with monthly

Question - Suppose the interest rate is 8.3% APR with monthly compounding. What is the present value of an annuity that pays $ 115 every three months for six years if rounded to the nearest cent?

Question - x company wants to estimate overhead costs in

Question - X Company wants to estimate overhead costs in March, when production is expected to be 1,400 units. To determine the parameters of its overhead cost function, it used account analysis with the January cost inf ...

Question - the standards for one case of springfever tonic

Question - The standards for one case of Springfever Tonic are as follows: Direct materials 5.40 lb @ $ 4.40 /lb = $ 23.76 Direct labor 4.40 hr @ $ 12.30 /hr = $ 54.12 Variable overhead (based on direct labor hours) 4.40 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As