Could you convert these monthly salary to weekly and hourly?
assuming a 38 hour weeka. $2480
b. $5100
I think i own the answer but im not sure on the working out.
Answers: The calculating out to a yearly rate is required due to varying number of weeks per month.
here go -
a/
$2480 x 12 (months) = $29760
Divide by 52 weeks = $572.31 - this is the weekly rate
Divide $572.31 x 38 = $15.06 per hour
b/
$5100 x 12 (months)= $61200
Divided by 52 weeks = $1176.92 - weekly rate
Divide $1176.92 by 38 = $30.97 per hour
These are rounded rates if you require the complete answer, try the calculations yourself ;)
Also bring into account that any answer assuming 4 weeks per Month would require a 13 Month year.
Assuming you work 5 days a week, 4 weeks a month:
A. 620 week, 16.32 hour
B.1275 week, 33.55 hour
Ans:
assumption 4 weeks per month
Weekly: $2480/4 = $620
Hourly: $620/38 = $16.316
Revert support: $16.316*38*4 = $2480.032
= $2480 (absolute value)
Weekly: $5100/4 = $1275
Hourly: $1275/38 = $33.553
Revert back: $33.553*38*4 = $5100.056
= $5100 (absolute value)
The answers are approximate because they depend on the assumption you form, e.g. 4 weeks per month or 52 weeks per year, 40 hrs per week, etc
(2480 x 12) / 52 = $572.31 / week
but assuming 2 weeks vacation / year
(2480 x 12) / 50 = $595.20 / week
At 4 weeks per month: 2480 / 4 = $620 / week
$572.31 / 40 = $14.31 / hr
$620 / 40 = $15.50 / hr
Similar calculation for the second one.
A.
2480 x 12(months)
29760(year salary) divided by 52(weeks)
572.31(week pay) divided by 38(hours a week)
= 15.06 hr
figure "B" out...
[EDIT]
I love how general public get thumbs down for the "right" answers..
4 weeks per month equals 48 weeks btw..There's 52 weeks a year.
There are several answers but it will depend on the method used and the rounding out method also. Each employer will use different round off method, but the canon says that adjectives employee must be treated duplicate and should be informed of how the salary is salaried monthly /weekly or hourly. Base on that the rate is posted on the pay slip.
This will depend on the month but using 30 light of day month.
38 x 4 = 152 hours plus approximately 2 days.
5 days working week so one day is 1/5 and 2 days = 2/5
So 38 x 2/5 =15.2 hours.
So moth is approximately 15.2 + 152 = 167.2 hours within a month.
So round it off to 167 hours per month.
But you can ask your professor how it should be done.
**********
12 months in a year and 52 weeks within a year + 1 or 2 days depend on leap year or regular year.
But just neglect the 1 or 2 days.
For a, (2480 x 12)/52 = 572.30 weekly.
So 572.30/38 = 15.06 an hour, say 15/ hour rounded past its sell-by date.
I stipulation assistance solving this problem for my secretarial Accounting class. please backing?
The gross earnings of the factory workers for Brantley Company during the month of January are $60,000. The employer's payroll taxes for the factory payroll are $8,000. The fringe benefits to be remunerated by the employer on this payroll are $4,000. Of the total accumulated cost of factory labor, 85% is related to direct labor and 15% is attributable to indirect labor.1.Prepare the entry to text the factory labor costs for the month of January. (List multiple debit/credit entries in instruct of magnitude.)
2.Prepare the entry to assign factory labor to production. (List multiple debit/credit entries within order of immensity.)
Answers: Hi, hope this help you out,
First of adjectives, remember that factory labor consist of three cost:
Factory wages payable + employer payroll taxes payable + employer fringe benefits payable.
Adding all three = Factory labor
Now variety the journal entries. ( remember that Dr's must = Cr's)
Compute the problem first!! Then check the answer I'm providing you at the bottom of the page. O.K
Good luck!
CSUN
Factory labor 72,000
Factory wages payable 60,000
Employer payroll taxes payable 8,000
Employer fringe benefits payable 4,000
The entry to assign factory labor to production is the following:
Work surrounded by process inventory 61,200 or 85% direct labor DR.
Manufacturing overhead 10,800 or 15% indirect labor DR.
Factory labor 72,000 CR.
Delivery?
I ordered a new cobalt blue Ds lite and it say its out for delivery to a town totally close to me(very)my nearest ups place, and it said that on 4:12 AM today so what does that mean and facts the scheduled arrival time have disappeared?Answers: It means that at 4:12am it be placed on the truck to come to your house. It will be there today. Can't grant you a time but most likely it will be previously 5pm.
You can call UPS and they will supply you info. Is it being deliver to your house or to the location? it also could mean that it is set to be delivered or have been. Since the time is gone. The system is updating and that could be the foundation it does not show a time.
Package Services
For Domestic Services below 150 lbs.:
1-8OO-PICK-UPS (742-5877)
Intl. Export/Import Services - 1-8OO-782-7892
That is the info from the UPS site call and they will assistance you with this.
OK..you own asked this question at least possible 4 times. Out for delivery is self explanatory. They will deliver today unless the truck cant sort it to you.