1. Jim Johnson is a salaried employee earning $9,100 per month. What is Jim's weekly...
90.2K
Verified Solution
Link Copied!
Question
Accounting
1. Jim Johnson is a salaried employee earning $9,100 per month. What is Jim's weekly salary? 2. Melissa Sherwood is a bookkeeper who is paid $8 per hour on a biweekly basis. Compute her gross pay if she worked 38 hours in week 1 and 44 hours in week 2 , assuming overtime at time-and a-half rate is paid after 40 hours worked. 3. Assume Joaquin Campbell earns gross pay of $1,800 during the current biweekly pay period ending January 26 . Calculate Joaquin's net pay based on the following assumptions - Joaquin pays 20% in income tax, 1.62% in El, and 5.10% in CPP. - Joaquin has not met any maximum amounts. Assume 52 weeks in a year and 26 biweekly pay periods. 1. Jim Johnson is a salaried employee earning $9,100 per month. What is Jim's weekly salary? Begin by selecting the formula, and then calculate Jim's weekly salary. 2. Melissa Sherwood is a bookkeeper who is paid $8 per hour on a biweekly basis. Compute her gross pay if she worked 38 hours in week 1 and 44 hours in week 2 , assuming overtime at time-and-a-half is paid after 40 hours worked
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!