Continuing Payroll Problem, 6B, Chapter 6
You have almost completed the Kipley's Company Employee Payroll Register for the pay period ending January 8, 20XX.
Requirements:
Record the deduction for group insurance.
Record the health insurance deduction.
Record the check number assigned to each employee.
Compute and record the net pay for each employee.
Total the input columns on the Employee Payroll register.
On Employer Register, enter total gross earnings.
Prepare the journal entries as of January 12 to record the payroll and the payroll taxes for the week ending January 8. Credit Salaries Payable for the total net pay.
Prepare the journal entry to record the payment of the payroll on January 14 when the paychecks are distributed to all workers.
Employee Benefits
Employee Benefits
The table below lists the employee contributions to Group Insurance and Health Insurance. Also, a check number has been assigned to each employee. Note that some employees are not yet eligible for Group Insurance coverage under the company plan.
| KIPLEY COMPANY, INC. Insurance Deduction Register |
|||||||
| Name | GRP. INS. | HEALTH INS. | CK. NO. | ||||
| Carson, F. | $0.85 | $1.65 | 313 | ||||
| Wilson, W. | 0.85 | 1.65 | 314 | ||||
| Utley, H. | 0.85 | 1.65 | 315 | ||||
| Fife, L. | 0.85 | 1.65 | 316 | ||||
| Smith, L. | 1.65 | 317 | |||||
| Fay, G. | 0.85 | 1.65 | 318 | ||||
| Robey, G. | 0.85 | 1.65 | 319 | ||||
| Schork, T. | 1.65 | 320 | |||||
| Hardy, B. | 0.85 | 1.65 | 321 | ||||
| Kipley, C. | 0.85 | 1.65 | 322 | ||||
Payroll Register
Completing the Payroll Register
The Employee Payroll Register presents all the computations previously performed as it applies to this payroll period.
Complete the following steps (if an field should be blank, leave it blank):
Record the amount to be withheld for group insurance.
Record the amount to be withheld for health insurance.
Each worker is to be paid by check. Assign check numbers provided to the correct employee..
Compute the net pay for each employee.
Total the input columns.
| KIPLEY COMPANY, INC. Payroll Register For Period Ending January 8, 20-- |
|||||||||||||
| EARNINGS | DEDUCTIONS | NET PAY | |||||||||||
| Name | Gross | OASDI | HI | FIT | SIT | SUTA | CIT | SIMPLE | Grp. Ins. | Health Ins. | Ck. No. | Amount | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Carson, F. | $700.00 | $43.40 | $10.15 | $60.00 | $21.49 | $0.42 | $21.00 | $20.00 | $ | $ | $ | ||
| Wilson, W. | 897.04 | 55.62 | 13.01 | 92.00 | 27.54 | 0.54 | 26.91 | 50.00 | |||||
| Utley, H. | 678.75 | 42.08 | 9.84 | 26.00 | 20.84 | 0.41 | 20.36 | 40.00 | |||||
| Fife, L. | 877.10 | 54.38 | 12.72 | 29.00 | 26.93 | 0.53 | 26.31 | 50.00 | |||||
| Smith, L. | 790.00 | 48.98 | 11.46 | 62.00 | 24.25 | 0.47 | 23.70 | 20.00 | |||||
| Fay, G. | 539.15 | 33.43 | 7.82 | 4.00 | 16.55 | 0.32 | 16.17 | 40.00 | |||||
| Robey, G. | 623.08 | 38.63 | 9.03 | --- | 19.13 | 0.37 | 18.69 | 50.00 | |||||
| Schork, T. | 773.08 | 47.93 | 11.21 | 64.00 | 23.73 | 0.46 | 23.19 | 60.00 | |||||
| Hardy, B. | 666.11 | 41.30 | 9.66 | 2.00 | 20.45 | 0.40 | 19.98 | 30.00 | |||||
| Kipley | 1,000.00 | 62.00 | 14.50 | 14.00 | 30.70 | 0.60 | 30.00 | 80.00 | |||||
| Totals | $467.75 | $109.40 | $353.00 | $231.61 | $4.52 | $226.31 | $440.00 | ---- | |||||
Employer Register
Employer Register
Complete the following:
Record the total gross earnings.
| KIPLEY COMPANY, INC. Employer Register Payroll Taxes |
|||||||
| Taxable Earnings | OASDI | HI | FUTA | SUTA | |||
|---|---|---|---|---|---|---|---|
| Totals | $ | $467.75 | $109.40 | $45.27 | $278.31 | ||
Journal Entry: Recording Payroll
Journal Entry: Recording Payroll
Complete the following:
Prepare the journal entries as of January 12 to record the payroll and the payroll taxes for the week ending January 8. Credit Salaries Payable for the total net pay.
| Date | Account | Debit | Credit |
| 20-- Jan. 12 | |||
| To record payroll. | |||
| 20-- Jan. 12 | |||
| To record payroll taxes. |
|
In: Accounting
Starting with 0.280mol SbCl3 and 0.160mol Cl2, how many moles of SbCl5, SbCl3, and Cl2 are present when equilibrium is established at 248?C in a 2.50?L flask? SbCl5(g)?SbCl3(g)+Cl2(g) Kc=0.025 at 248?C
I have the answers but can someone please show the work.
Answers:
SbCl5=.11587 mol
SbCl3=.16413 mol
Cl2= .04413 mol
In: Chemistry
The following information is related to Skysong Company for
2020.
| Retained earnings balance, January 1, 2020 | $1,372,000 | |
| Sales Revenue | 35,000,000 | |
| Cost of goods sold | 22,400,000 | |
| Interest revenue | 98,000 | |
| Selling and administrative expenses | 6,580,000 | |
| Write-off of goodwill | 1,148,000 | |
| Income taxes for 2020 | 1,741,600 | |
| Gain on the sale of investments | 154,000 | |
| Loss due to flood damage | 546,000 | |
| Loss on the disposition of the wholesale division (net of tax) | 616,000 | |
| Loss on operations of the wholesale division (net of tax) | 126,000 | |
| Dividends declared on common stock | 350,000 | |
| Dividends declared on preferred stock | 112,000 |
Skysong Company decided to discontinue its entire wholesale
operations (considered a discontinued operation) and to retain its
manufacturing operations. On September 15, Skysong sold the
wholesale operations to Rogers Company. During 2020, there were
500,000 shares of common stock outstanding all year.
Prepare a multi step income statement:
In: Accounting
Program 4(Total Point 15): You will use the scanner class and ask users following things.
- Student Age (Value)
- Student Name (Key)
You will store information for at least 10 students on Map. You will then use iterator to print all the values. You will print the youngest student’s name.
In: Computer Science
The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $830,000, and it would cost another $17,500 to install it. The machine falls into the MACRS 3-year class (the applicable MACRS depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41%), and it would be sold after 3 years for $630,000. The machine would require an increase in net working capital (inventory) of $14,500. The sprayer would not change revenues, but it is expected to save the firm $457,000 per year in before-tax operating costs, mainly labor. Campbell's marginal tax rate is 40%. What is the Year-0 net cash flow? $ What are the net operating cash flows in Years 1, 2, and 3? Round your answers to the nearest dollar. Year 1 $ Year 2 $ Year 3 $ What is the additional Year-3 cash flow (i.e, the after-tax salvage and the return of working capital)? Round your answer to the nearest dollar. $ If the project's cost of capital is 11 %, what is the NPV of the project? Round your answer to the nearest dollar. $ Should the machine be purchased?
In: Finance
Unlike direct materials, the sum of all the direct labor variances is always equal to the flexible budget variance.
True
False
A negative direct labor efficiency variance is considered favorable.
True
False
For direct labor, if the efficiency and rate variances are both negative, then the flexible budget variance will be unfavorable.
True
False
The total number of hours worked by employees is always directly tied to the total level of production.
True
False
In: Accounting
The materials needed to make a burger include 1 burger bun, 2 cups of vegetable, and 1 burger patty. Now, there are 5 burger buns, 12 cups of vegetable, and 6 burger patties. Which is the limiting reactant/material? What is the theoretical yield of burger? If 3 burgers are accidentally dropped on the floor, what is the percent yield?
In: Chemistry
The credit department of Lion’s Department Store in Anaheim, California, reported that 26% of their sales are cash, 27% are paid with a credit card, and 47% with a debit card. Twenty percent of the cash purchases, 86% of the credit card purchases, and 61% of the debit card purchases are for more than $50. Ms. Tina Stevens just purchased a new dress that cost $120. What is the probability that she paid cash? (Round your answer to 3 decimal places.)
A) Probability:
In: Math
Calculate the quantity of energy produced per mole of U -235 (atomic mass = 235.043922 amu ) for the neutron-induced fission of U -235 to produce Te -137 (atomic mass = 136.9253 amu ) and Zr -97 (atomic mass = 96.910950 amu ).
In: Chemistry
Nike claims that the number of miles a jogger can get a on a pair of Nike’s running shoes is higher than 1000. Moreover, Nike also claims that their shoes outperform Adidas shoes by more than 15 miles. We have samples of 150 joggers using Nike shoes and 170 using Adidas shoes. The sample average of miles they got are 1015 for Nike and 995 for Adidas. The sample standard deviations are 100 for Nike and 50 for Adidas.
a.) At a 5% level of significance, is there statistical evidence showing that Nike shoes get more than 1000 miles?
b.) Obtain the p-value for the previous test. What does it mean?
c.) At a 5% level of significance, is there statistical evidence showing that Nike shoes outperform Adidas shoes?
d.) Obtain the p-value for the previous test. Interpret.
In: Math
emergency physics question!
what is the minimum film of coating with index of refraction of 1.52 on a glass with index of refraction of 1.40 for which destructive interference of a red component of white light in air can take place by reflection? assume the wavelength of the red component in vacuum is 650nm. find the minimum visible wavelength in vacuum for constructive interference due reflection for the thickness of the coating film you found.
what should be the minimum additional coating to get constructive interference for the red component of 650nm?
not just an answer, I need help understand the answer and the question!
STEP BY STEP explanation please!
In: Physics
A survey of 1000 adults from a certain region asked, "Do you enjoy shopping for clothing for yourself?" The results indicated that 59% of the females enjoyed shopping for clothing for themselves as compared to 51% of the males. The sample sizes of males and females were not provided. Suppose that of 600 females, 354 said that they enjoyed shopping for clothing for themselves while of 400 males, 204 said that they enjoyed shopping for clothing for themselves. Complete parts (a) through (d) below.
a. Is there evidence of a difference between males and females in the proportion who enjoy shopping for clothing for themselves at the 0.1 level of significance? State the null and alternative hypotheses, where pi 1 is the population proportion of females that enjoy shopping for themselves and pi 2 is the population proportion of males that enjoy shopping for themselves.
Determine the value of the test statistic.
Determine the critical value(s) for this test of hypothesis.
The critical value(s) is (are) nothing
find the p value
Construct and interpret a 90% confidence interval estimate for the difference between the proportion of males and females who enjoy shopping for clothing for themselves.
What are the answers to (a) through (c) if 212 males enjoyed shopping for clothing for themselves?
Is there evidence of a difference between males and females in the proportion who enjoy shopping for clothing for themselves at the 0.1 level of significance? State the null and alternative hypotheses, where pi 1π1 is the population proportion of females that enjoy shopping for themselves and pi 2π2 is the population proportion of males that enjoy shopping for themselves.
Determine the value of the test statistic.
Determine the critical value(s) for this test of hypothesis.
The critical value(s) is (are)
Find the p-value and interpret its meaning.
Construct and interpret a 90% confidence interval estimate for the difference between the proportion of males and females who enjoy shopping for clothing for themselves.
In: Math
In recent years, public universities have experienced major budget cuts due to reduced funding from their state governments. These budget cuts usually occur at the most inopportune time—during the school year when contractual commitments with faculty and staff had been signed, programs had been planned, and students were enrolled and taking classes.
Required:
In: Accounting
You need to write and run C programs (as processes on your Linux machine), and monitor their behavior. Consider the following problem: A program is to be written to print all numbers between 1 and 1000 (inclusive) that are not (evenly) divisible by either 2 or 3. This problem is to be solved using three processes (P0, P1, P2) and two one-integer buffers (B0 and B1) as follows: P0 is to generate the integers from 1 to 1000, and place them in B0 one at a time. After placing 1000 in the buffer, P0 places the sentinel 0 in the buffer, and terminates. P1 is to read successive integers from B0. If a value is not divisible by 2, the value is placed in B1. If the value is positive and divisible by 2, it is ignored. If the value is 0, 0 is placed in B1, and P1 terminates. P2 is to read successive integers from B1. If a value is not divisible by 3, it is printed. If the value is positive and divisible by 3, it is ignored. If the value is 0, P2 terminates. Write a program to implement P0, P1, and P2 as separate processes and B0 and B1 as separate pieces of shared memory {each the size of just one integer}. Use semaphores to coordinate processing. Access to B0 should be independent of access to B1; for example, P0 could be writing into B0 while either P1 was writing into B1 or P2 was reading.
In: Computer Science
At 700 K acetaldehyde decomposes in the gas phase to methane and
carbon monoxide. The reaction is:
CH3CHO(g)→CH4(g)+CO(g)
A sample of CH3CHO is heated to 700 K and the pressure is measured
as 0.43 atm before any reaction takes place. The kinetics of the
reaction are then followed by measurements of total pressure and
these data are obtained:
| t(s) | 0 | 1000 | 3000 | 7000 |
| PTotal (atm) | 0.43 | 0.50 | 0.59 | 0.68 |
Question:
Find total pressure after 1.39×104 s .
In: Chemistry