glencoe_accounting_chp12

# Print a payroll register report 5 proof your work 6

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Unformatted text preview: roblems CHAPTER 12 Instructions Prepare a payroll register in your working papers for the week ending October 24. Complete time cards to the nearest quarter of an hour. Use the federal income tax tables provided in the chapter. 139 David Izbecki 461-XX-XXXX SOC. SEC. NO. October 24, 20-WEEK ENDING NO. NAME DAY IN OUT IN OUT M IN NAME OUT 8:00 12:05 1:00 5:00 T 8:10 12:00 1:00 5:05 W 8:05 12:30 1:30 5:00 Th 8:00 12:00 1:00 5:10 F 129 Susan Tilbert 401-XX-XXXX SOC. SEC. NO. TOTAL October 24, 20-WEEK ENDING NO. DAY IN OUT IN OUT M T TOTAL HOURS HOURS RATE 9:00 12:00 12:45 5:00 F S TOTAL 8:30 12:00 1:00 6:00 Th S OUT 8:10 12:00 1:15 5:00 W 8:05 12:05 1:05 3:30 IN 8:05 12:00 1:00 5:00 9:00 11:50 S S AMOUNT TOTAL HOURS REGULAR HOURS OVERTIME TOTAL EARNINGS RATE AMOUNT REGULAR OVERTIME SIGNATURE DATE TOTAL EARNINGS SIGNATURE Analyze SOURCE DOCUMENT PROBLEM Problem 12–10 Use the source documents in your working papers to complete this problem. SMART GUIDE Step–by–Step Instructions: Problem 12–10 1. Select the problem set for Job Connect (Prob. 12–10). 2. Rename the company and set the system date. 3. Calculate the employees’ gross pay using the Payroll Entry option. 4. Print a Payroll Register report. 5. Proof your work. 6. Complete the Analyze activity. 7. End the session. CHALLENGE PROBLEM DATE Compute the total net pay of all employees for the pay period. Problem 12–10 Calculating Gross Earnings Job Connect has seven employees, all of whom are paid weekly. For hourly wage employees, overtime is paid at 1½ times the regular rate of pay for hours worked over 40 in a week. Barbara Miller, the office manager, is paid a salary of \$375.00 per week plus a bonus of 3% of all revenue over \$6,000 per week. Lynn Austin, an office assistant, is paid a salary of \$250.00 per week plus 5% of all telephone sales made in the office. Charlene Womack, the office secretary, is paid a salary of \$230.00 per week. Susan Dilloway and Doris Franco, placement workers, are paid an hourly wage of \$8.95. Pam Darr...
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## This note was uploaded on 01/16/2014 for the course BUSINESS Accounting taught by Professor Dr.stevenhall during the Fall '13 term at Del Mar College.

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