subject
Business, 25.06.2019 10:50 korireidkdotdot82021

Kipley company is a small manufacturing firm located in pittsburgh, pennsylvania. the company has a workforce of both hourly and salaried employees. each employee is paid for hours actually worked during each week, with the time worked being recorded in quarter-hour increments. the standard workweek consists of 40 hours, with all employees being paid time and one-half for any hours worked beyond the 40 regular hours. wages are paid every friday, with one week's pay being held back by the company. assume that the first payday for kipley company is january 14 for the workweek ending january 8 (saturday). you are being asked to complete kipley's payroll register for the pay period ending january 8, ms. glenda b. robey prepares the time clerk's report for each pay period. this along with the hourly wage / salary report is provided. requirement: record the regular hours and the overtime hours worked for each employee, using the time clerk's report as your reference. complete the regular earnings columns (rate per hour and amount) for hourly employees. for only hourly employees that worked overtime, complete the overtime earnings columns (rate per hour and amount). for salaried workers, complete the regular earnings column and show the hourly overtime rate and earnings only if overtime was worked. record the total earnings for each employee by adding the regular earnings and the overtime earnings.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 13:30
1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.
Answers: 2
question
Business, 22.06.2019 17:50
What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories
Answers: 3
question
Business, 22.06.2019 20:40
Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year
Answers: 2
question
Business, 23.06.2019 16:30
Example1 lcnrv: ted company uses the lower of cost or nrv method in valuing its inventory items. the inventory at december 31, 2017, consists of products a, b and c, each having 1,000 units. relevant unit data for these products appear below: item a item b item c cost $ 80 $80 $80 estimated selling price 180 100 90 estimated selling cost 30 30 30 required: using the lower of cost or net realizable value rule, determine the proper value of inventory for balance sheet reporting purposes at december 31, 2017. prepare any necessary journal entry. apply the lower of cost or nrv method: • on an individual inventory basis; • on a group basis; • on a total inventory basis. solution worksheet: inventory (on an individual basis): inventory value item nrv cost lc- item a item b item c total inventory (on a group basis): inventory value item nrv cost lc- group 1 (item a and b) group 2 (item c) total inventory (on an aggregate inventory basis): inventory value item nrv cost lc- total inv
Answers: 3
You know the right answer?
Kipley company is a small manufacturing firm located in pittsburgh, pennsylvania. the company has a...
Questions
question
Mathematics, 06.03.2021 01:00
question
Mathematics, 06.03.2021 01:00
question
Mathematics, 06.03.2021 01:00
question
English, 06.03.2021 01:00
question
Biology, 06.03.2021 01:00
question
Mathematics, 06.03.2021 01:00
question
Chemistry, 06.03.2021 01:00
question
Mathematics, 06.03.2021 01:00
Questions on the website: 13722367