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Ulleksa [173]
2 years ago
12

Gordon has already worked 40 hours this week and is asked to come in to work again. Gordon is a manager who constantly has to ma

ke decisions about the business's operation. Is Gordon eligible for overtime pay?
Business
2 answers:
laiz [17]2 years ago
4 0

Answer:

Gordon is not eligible for overtime pay.

Explanation:

Based on the Fair Labor Standards Act (FLSA or Act), Gordon is the manager and have the right to make the decision which impacts on business operation. So, he will not be the one who will be covered and to be paid for overtime work.

jonny [76]2 years ago
3 0

Answer:No , he is not eligible for overtime pay.

Explanation:Who is Most Likely an Exempt Employee?

There are people who are exempt employees when it comes to qualifying for overtime pay due to their duties within the company.

Below is the list of exempt employees:

Senior management, corporate executives, company owners, company directors and similar white-collar executives are most often often exempt employees. Managers and supervisors who are responsible for making decisions on how work is performed , who set and oversee the financial aspects of the business , define pat level for employees,who are responsible for hiring all of these duties makes a manager exempt to overtime pay and we are told Gordon makes decisions about business's operation.

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Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $500. The fund wa
Salsk061 [2.6K]

Answer:

c. A credit to Cash of $272.75.

Explanation:

These transactions can be explained with the help of T- Account .

<h2><u>          Cash             </u></h2><h3><u>Debit                   Credit   </u></h3>

                         Bal $ 500

Freight $61

Shipping

Charges  $ 85

Supplies  $ 50

Donation  $ 69

Suspense   7.75

<u>Fund     $ 227.25                     </u>

                        Fund   $ 227.25

<u>               Reimbursement </u><u> $272.75</u>

<u>                                             $ 500   </u>

<u />

<em><u>As there is shortage of $ 272.25 in the amount of $ 500 the petty cash will be reimbursed with this amount.</u></em>

<em><u>An amount of $ 7.75 is short  which is dealt in suspense account and reimbursed with the amount falling short.</u></em>

5 0
2 years ago
Rhonda Brennan found her first job after graduating from college through the classifieds of the Miami Herald. She was delighted
kozerog [31]

Answer:

Answer is explained in the explanation below.

Explanation:

Solution:

According to the data given: This can be solved as following. (Note: we are not given income tax tables to calculate the accurate net pay. So, according to given information here. Following is the accurate one. )

Let's assume, a 6.2% tax rate for SS ( Social Security) and 1.45% tax rate on Medicare:

So,

Social Security = 6.2%

Medicare = 1.45%

Pay Per hour = $14.30

So, let's calculate Rhonda's Gross pay:

Gross Pay = Pay per hour x total number of hours

Gross pay = $14.30 x 80 hours

Gross Pay = $1,144

Now, calculate the Rhonda's Reduction for Social Security:

Rhonda's Reduction for Social Security = $1,144 x 6.2%

Rhonda's Reduction for Social Security = $70.928

Similarly, Rhonda' Reduction for Medicare:

Rhonda' Reduction for Medicare = $1,144 x 1.45%

Rhonda' Reduction for Medicare = $16.588

So Finally,

Rhonda's Take-home Pay for her first check will be = Gross pay - Rhonda's Reduction for Social Security - Rhonda' Reduction for Medicare

Rhonda's Take-home Pay for her first check will be = $1,144 - $70.928 - $16.588

Rhonda's Take-home Pay for her first check will be = $1,056.484

7 0
2 years ago
Mercedes-Benz runs a TV commercial advertisement that displays one of its top-of-the-line cars. As the driver pulls up to a vale
asambeis [7]

Answer:

esteem

Explanation:

esteem

8 0
2 years ago
An error in the ending inventory balance in Year 1 will also affect: (You may select more than one answer.)
Virty [35]

Answer:

A) Year 1 cost of goods sold

B) Year 2 cost of goods sold

D) Year 2  beginning inventory

Explanation:

A) Year 1 expense of merchandise sold : The Current year cost of Goods Sold is processed by deducting finishing stock from Opening Inventory and Purchases made during the year. So in the event that the completion stock isn't right, at that point the result of above calculation will not be right so the Year 1 expense of merchandise sold for example (Current year cost of Goods Sold) will be inaccurate.  

D) Year 2 starting stock: year 2 starting stock is equivalent to year 1 completion stock. So on the off chance that off-base stock estimation is made at end of earlier year, at that point current year opening worth will be carried on as off-base.  

B) Year 2 expense of merchandise sold: The explanation is same as ans q(i.e. Year 1 expense of merchandise sold) as off-base convey forward opening stock worth will bring about wrong calculation of cost of products sold for year 2.

6 0
2 years ago
Use the following information to answer question. Madelyn owns a small pottery factory. She can make 1,000 pieces of pottery per
notsponge [240]
Answer; a. $35,000.



sorry if wrong
4 0
2 years ago
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