Solved: Mr kaye opened a jewelry store that made and sold high-end, Accounting Basics

+44 141 628 6080
[email protected]

Mr kaye opened a jewelry store that made and sold high-end

Homework - Mr. Kaye opened a jewelry store that made and sold high-end jewelry. The store hours are 9:00 am - 5:00 pm Monday through Friday and 9:00 am - noon on Saturdays. Employees include the following:

Store manager - Kerry, $80,000 salary;

Bookkeeper - Kelvin, $40,000 salary;

Clerks - Kassie, $12.00/hr. and Katherine, $15.00/hr.

Jeweler - O.K., $100,000 salary

Two seasonal employees earn $10.00/hr for four weeks in December and two weeks in February.

Employees get a 30-minute unpaid lunch break on days they work more than six hours.

Benefits for full-time employees include medical insurance, life insurance, Medicare and social security taxes (employer portion), are 22% of the employee's salary.

Using Excel, determine the monthly payroll and benefits costs for Kaye Jewelry Store for 2016.

View Complete Question

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Mr kaye opened a jewelry store that made and sold high-end

Reference No:- TGS02543229

Now Priced at $25 (50% Discount)

Recommended (97%)

Rated (4.9/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Discuss children diagnosed with developmental disabilities

When Min decided to begin his supervised field experience, he applied at a company in his hometown that provided applied behavior analysis

Describe the results, including any scores

Describe the results, including any scores. Result: E6% Extraverted Action oriented, Outgoing, Expressive, Hands-On S17% Sensing Traditional,

Identify a specific theory of cognitive or moral development

Problem 1: Identify a specific theory of cognitive or moral development, and summarize the major assumptions.

Discussion about the nature versus nurture

In our readings, we learn more about the nature versus nurture argument. For this discussion, I want you to go in depth a bit more and debate the importance

Why you feel unpleasantly hot and sweaty

Working in the yard, you feel unpleasantly hot and sweaty when you come in the house, so you take a shower and begin to feel better.

Discussion about gender stereotyping

Prior to your taking this graduate HR law class you had heard of the term "gender stereotyping," but didn't know much about it.

Is early food experiences can impact development

Early food experiences can impact development over several learning domains, including Social and Emotional Development, Language

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Mr kaye opened a jewelry store that made and sold high-end

Reference No:- TGS02543229

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Do a strategic group map of the in-vehicle entertainment

Q : Fuel consumption and cars in many rural areas newspaper

Q : Calculate the price elasticity of demand for frozen orange

Q : Create an overview of your selected market domain that

Q : Mr kaye opened a jewelry store that made and sold high-end

Q : Which of the following statements is associated with the

Q : What should be done to reduce the risk of electronic pick

Q : In check your learning 17-8 we introduced the example of

Q : Physical sciences the earth is structured in layers crust