Topic:-Assignment.

Answer each of the following 3 Question Sets. In preparing your answer to each part of the assignment, please insert the number of the question you are answering at the beginning of your response. Question Set One After graduating from Cal Poly University - San Luis Opispo with a degree in business and accounting, Chuck Liddell opened "Iceman Accounting," a Santa Barbara based firm designed to meet the complex accounting needs of ultimate fighters. In 2010, Iceman hir ed Jenna, a graduate of MIT with seven - years of accounting experience. Jenna was not looking for a job. In fact, she was about to make partner at a "big - four" accounting firm, where she recently won the highly prestigious and much - coveted golden pencil awa rd. To lure Jenna away, Chuck offered Jenna an annual salary of $200,000 and a corner office. Although Chuck needed a second associate, he could not afford another associate with such an exorbitant salary. To keep labor costs in line, Chuck placed an ad in the Santa Barbara News - Press seeking an accountant with 3 - 6 years of experience with a starting salary of $100,000. John, a graduate of Youngstown State University with three years of accounting experience, responded to the ad. While John could have made slightly more money at other accounting firms, he accepted Chuck’s offer of $100,000 per year because loves mixed - martial arts and wanted to work with Chuck and his clients. Chuck expects all associates of Iceman Accounting to bill at least 2,000 hours pe r year. For all hours worked in excess of 2,000 in a year, associates are eligible for a bonus equal to 25% of all revenues generated by such work. Jenna’s hourly rate is $400. John's hourly rate is $300. Jenna billed 2500 hours last year, which earned her a $50,000 production bonus. On the other hand, John only billed 1900 hours, so he did not qualify for a production bonus. In addition, associates are eligible for a bonus for all work originated (work the associate "brings in the door") equal to 25% of a ll revenues generated. Since joining Iceman, John has become good friends with Chuck. Chuck routinely brings John to ultimate fighting events while Jenna works tirelessly crunching numbers back at the shop to earn her production bonus. Through his attendan ce at ultimate these events, John developed a significant client base. Last year, John originated $2,000,000 of business, which earned him a $500,000 bonus. While Jenna’s current base salary remains higher than John's, when production and origination bonus es are considered, John earned more than twice as much as Jenna last year. In 500 words or less, analyze the fact pattern under the Equal Pay Act. ? First, identify the narrow Issue(s) identified in the fact pattern. ? Secon d, identify the Rule or test used to analyze such issue(s). ? Third, identify the court's likely Application or Analysis of the salient/most important facts to the rule/test. Question Set Two The Springfield Nuclear Power Plant (SNPP) is owned and operated by Montgomery Burns. Mr. Burns employs Waylon J. Smithers, Jr. as his personal assistant. As an administrative assistant for the owner, the SNPP classified Smithers as an exempt employee under the FLSA. SNPP pays Smithers $500 per week on a salary basis. S mithers is a servile self - seeker who attempts to win favor by flattering Mr. Burns. Smithers performs traditional secretarial duties for Mr. Burns, including taking short - hand, scheduling, answering phones and running errands. Mr. Burns hates to be alone — e ven for a minute. Mr. Burns requires Smithers to be with him from 7 a.m. until 7 p.m., Monday through Friday, 52 weeks a year. Mr. Burns docks Smithers $100 for each absence and $50 each time Smithers is late for work. SNPP requires Smithers to sign a writ ten authorization before deducting any amounts from his salary. ? First, in 250 words or less, analyze SNPP's classification of Smithers as an exempt employee under the FLSA. ? Second, assuming Smithers were properly classified as an exempt salaried employee, analyze whether SNPP engaged in any activity that placed the exemption at risk under the FLSA. Question Set Three Dunder Mifflin, a paper supply company, has employed Dwight Kurt Schrute III as a sales representative based out of the Company's Scranton, P ennsylvania office since at least 2005. Dunder Mifflin, a paper supply company, has employed Dwight Kurt Schrute III as a sales representative based out of the Company's Scranton, Pennsylvania office since at least 2005. Dwight owns and operates a bed - and - breakfast roughly 60 minutes from the Scranton office. Despite the distance from his bed - and - breakfast to the office, Dwight commutes to Scranton on a daily basis. Because his customers tend to be available between 7:30 and 8:30 AM, that’s usually the bes t time to get a hold of them. Consequently, Dwight spends his morning commute contacting customers, scheduling afternoon sales calls and conducting other business with them. Scranton Bank & Trust, Dwight's largest client, prefers to meet with Dwight at 7:0 0 a.m. on Mondays. Dwight arrives at Scranton Bank & Trust every Monday at 7:00 a.m. The remaining mornings, Dwight arrives at the office at or shortly before 8:30 a.m. Dunder Mifflin expects its sales team to work from 8:30 a.m. until 5:00 p.m. each day w ith a 30 minute meal period, but Dunder Mifflin does not keep track of hours worked. Dunder Mifflin pays Dwight and the other members of the sales team $800 per week, representing $20 per hour for a standard 40 hour workweek. In addition, once a month, Dun der Mifflin issues commission checks to its sales team. Dwight’s checks average $1,000 per month. On rare occasions, Dunder Mifflin issues a discretionary bonus to its sales team. Dwight received $2,000 in discretionary bonuses last year. On Monday and Wed nesday, Dwight takes clients to lunch. The remaining days, Dwight eats at his desk. When Dwight eats at his desk, he surfs the internet. During the average morning, Dwight performs roughly 30 minutes of work, with the remainder of his time being involved i n shenanigans with Jim Halpert. Dwight spends each of his afternoons making sales calls. Dwight drives home each day immediately following his last sales call. On all nights except Thursday, Dwight arrives home at 7:00 p.m. On Thursday evenings, the Scrant on office holds its weekly sales meetings at Poor Richard's Pub. Dwight looks forward to this weekly outing, primarily because it provides Dwight with an opportunity to sample from Poor Richard's long list of expensive beet - wines on Dunder Mifflin’s dime ( Dunder Mifflin picks up the check). Dwight generally arrives home on Thursday evenings at 9 p.m. Disgruntled by Jim Halpert’s non - stop pranks, Dwight quits his job and files a lawsuit against Dunder Mifflin. Assume Dwight does not qualify for the outside s ales exemption. Assume that Dwight's last stop each day is the same distance from home as the Dunder Mifflin office. Assume Dwight's meals at his desk are uninterrupted. ? First, in 250 words or less, identify the compensable time Dwight worked on a weekly b asis. ? Second, in 250 words or less, calculate the regular rate of pay applicable to Dwight in the average week. Credit is given for showing your math; guess wrong without math, however, and no points will be assigned.