Assuming an average work week to be 40 hours, complete the following table to determine the final gross pay (assume overtime is paid at the rate of time and a half): Total Regular Regular Overtime Regular Pay Overtime Hours OT Rate Gross Pay Rate Hours Hours рay 46 $13.40 $20.10 40 6. $536.00 $120.60 $656.60 Sample worked Sreg pay x 1.5 13.40x 13.40 x 40 $656.60 1.5%= 40 $536.00 616.40 20.1x6 $120.60 out $20.10 (if no OT pd) 54 $21.00 47.25 $14.25 Other Pay Considerations
Assuming an average work week to be 40 hours, complete the following table to determine the final gross pay (assume overtime is paid at the rate of time and a half): Total Regular Regular Overtime Regular Pay Overtime Hours OT Rate Gross Pay Rate Hours Hours рay 46 $13.40 $20.10 40 6. $536.00 $120.60 $656.60 Sample worked Sreg pay x 1.5 13.40x 13.40 x 40 $656.60 1.5%= 40 $536.00 616.40 20.1x6 $120.60 out $20.10 (if no OT pd) 54 $21.00 47.25 $14.25 Other Pay Considerations
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter8: Payroll Accounting: Employee Earnings And Deductions
Section: Chapter Questions
Problem 2SEA: COMPUTING OVERTI ME RATE OF PAY AND GROSS WEEKLY PAY Rebecca Huang receives a regular salary of...
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