TAILIEUCHUNG - Lecture Practical business math procedures (11/e) - Chapter 9: Payroll

In this chapter, the learning objectives are: Define, compare, and contrast weekly, biweekly, semimonthly, and monthly pay periods; calculate gross pay with overtime on the basis of time; calculate gross pay for piecework, differential pay schedule, straight commission with draw, variable commission scale, and salary plus commission;. | Chapter Nine Payroll Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Learning unit objectives LU 9-1: Calculating Various Types of Employees’ Gross Pay Define, compare, and contrast weekly, biweekly, semimonthly, and monthly pay periods. Calculate gross pay with overtime on the basis of time. Calculate gross pay for piecework, differential pay schedule, straight commission with draw, variable commission scale, and salary plus commission. Prepare and explain the parts of a payroll register. Explain and calculate federal and state unemployment taxes. LU 9-2: Computing Payroll Deductions for Employees’ Pay; Employers’ Responsibilities 2 Payroll Cycles 3 Hourly Rate of Pay; Calculation of Overtime Gross pay = Hourly overtime pay rate = Earnings for 40 hours + Earnings at time-and-a-half rate Hours employee worked x Rate per hour Regular hourly pay rate x Gross pay = 4 Hourly Rate of Pay; Calculation of Overtime Employee M T W Th F S .

• Quản trị kinh doanh
• Practical business
• Math procedures
• Practical business math procedures
• Computing payroll deductions
• Employees’ pay
• Employees’ gross pay
• Business statistics
• Frequency distributions
• Measures of dispersion
• Practical business Japanese
• Ebook Practical business Japanese
• Telephone conversation
• Making a request
• Placing orders
• Business Japanese
• Communicating information
• Expressing opinions
• Exchanging opinions
• Sinking funds
• How to read
• Auto insurance
• Interpret financial reports
• Whole numbers
• Their applications
• Simple interest
• Promissory notes
• Simple discount notes
• Rounding whole numbers
• Dividing whole numbers
• Subtracting whole numbers
• Types of fractions
• Subtraction of fractions
• Adding of fractions
• Rounding decimals
• Decimal conversions
• Dividing decimals
• Checking account
• Bank statement
• Reconciliation process
• Latest trends
• Solving equations
• Solving word problems
• Solving Equations for the unknown
• Percents and their applications
• Rounding percents
• Converting percents to decimals
• Trade discounts
• Cash discounts
• Credit terms
• Perishables analysis
• Breakeven analysis
• Markup based on cost
• Maturity value
• Simple interest formula
• Discount process
• Compound interest
• Present value
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• Ordinary annuity
• Annuity due
• Installment buying
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• Revolving charge credit cards
• Home ownership
• Monthly mortgage payment
• Amortization schedule
• Balance sheet
• Income statement
• Straight line method
• Units of production method
• Declining balance method
• Assigning costs
• Retail method
• Inventory turnover