Of the items in the following list, which one(s) should appear in a payroll register? - ANSNAME
MARITAL STAT.
HOURS WORKED
Jeremy Ortiz is an employee of Insulor Flooring, where his job responsibilities include selling
service contracts to customers. Jeremy is single with two withholding allowances. He receives
an annual salary of $36,000 and receives a 3 percent commission on all sales. During the
semimonthly pay period ending September 29, 20XX, Jeremy sold $12,500 of service contracts.
- ANS$36,000/24 = $1,500.00
$12,500 × 3% = $375.00
Jude Sizemore is a full-time student at Sioux City College in Sioux City, Iowa, where he works in
the library. What is the minimum hourly wage that he may receive? - ANS6.16$
Ernest Miller works for Skyescent Parachutes. He is a shared employee; he works in the
manufacturing department and has been trained to work the sales counter in times of need.
During other employees' vacations, he was asked to work in the sales department two days for
six hours each day. When he works in the manufacturing department, he earns $15.50 per hour.
Ernest earns a $2.50 pay differential for working the sales counter. He worked a total of 39
hours and 32 minutes during the week. Ernest is single with one withholding allowance. -
ANSErnest's regular pay for the manufacturing department: $426.25 (27.50 hours ×
$15.50/hour)
Ernest's regular pay for the sales department:
$216.00 (12 hours × $18.00/hour)
Terry McNutt, a single employee with two withholding allowances, 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 net sales is reached, he receives 4 percent commission on all of
his sales at Skidoo Sports. During the week of January 23, he sold $87,000 of ski equipment;
however, he had $2,250 of returns from the prior week's sales. Company policy requires that
commissions on sales returns are deducted from the employee's pay, regardless of current
commission earnings. - ANSTerry's regular pay for 40 hours $480.00
No commission since sales were below the threshold of $150,000
Less: returned commission for $2,250 sales returns $90
Gross pay $390.00
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, 20XX, she worked 8 hours overtime. She is single with two
withholding allowances - ANSRegular wage for the pay period:
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AllLegitExams. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.