Question

A payroll register lists the beginning cumulative earnings for three employees as $32,000, $3,400, and $11,200. It lists the ending cumulative earnings for these employees as $39,400, $5,340, and $15,320. What does the payroll list as the total current period earnings?

A.
​$106,660
B.
​$46,600
C.
​$13,460
D.
​$60,060

Answer 1

To find the total current period earnings, subtract the beginning cumulative earnings from the ending cumulative earnings for each employee and then add them together. The total current period earnings is $13,460.

Step-by-step explanation:

To find the total current period earnings, we need to subtract the beginning cumulative earnings from the ending cumulative earnings for each employee and then add them together.

For the first employee, the current period earnings are $39,400 - $32,000 = $7,400. For the second employee, the current period earnings are $5,340 - $3,400 = $1,940.

And for the third employee, the current period earnings are $15,320 - $11,200 = $4,120.

Adding these amounts together, the total current period earnings is $7,400 + $1,940 + $4,120 = $13,460.