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Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. Example 2-27 Els Company instituted a perfect attendance
Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. Example 2-27 Els Company instituted a perfect attendance program. The bonus ($2,184) is paid in January for the previous year. John Garcia worked 42 hours each week during the year and earned the bonus. The extra overtime pay due Garcia is: $2,184 +52 = $42/week $42 + 42 hours $1.00 bonus for each hour $1.00 x 0.5 $0.50 extra overtime rate i $0.50 x 2 overtime hours/week x 52 weeks $52 extra earnings Casey Na's average workweek during the first quarter of the year (13 weeks) was 42 hours. As part of his company's perfect attendance program, he earned a bonus of $936. Determine the extra overtime pay due Na for the first quarter. Note: For each calculation, round to 2 decimal places before continuing to next computation. At next step, round to 2 decimal places. And then, round your final answer to the nearest cent. Extra overtime pay $ x Feedback Check My Work Four steps: 1. Divide annual bonus amount by 52 weeks to get weekly bonus amount. 2. Divide weekly bonus amount by hours worked in week to calculate bonus amount per hour. 3. Multiply bonus amount per hour by .5 (50%) to calculate extra overtime rate. 4. Multiply extra overtime rate by number of overtime hours worked in week by 52 weeks to calculate extra overtime pay. Check My Work * " 20 " 888 " " #3 MacBook Air Previous Save and Exit Submit Assignment for Grading 00 DII DD FB " F10 $ % A & * 4 5 6 7 8 9 0 OE 12 doloto
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