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Complete the question by filling in all answers in the tabs below. Compute the gross earnings for regular, overtime, and holiday pay for each employee
Complete the question by filling in all answers in the tabs below. Compute the gross earnings for regular, overtime, and holiday pay for each employee for the December 31 pay period. Remember that while an hourly rate is shown for all employees, the period pay for exempt employees should be calculated by taking their yearly salary and dividing it by the number of semimonthly pay periods in a year, which should then be split between the number of hours considered regular time and holiday time. The pay rates for each employee have been given from the prior period. Note: Round answers for hourly rate or period wages to 5 decimal places and all other answers to 2 decimals. Complete the question by filling in all answers in the tabs below. Compute the gross earnings for regular, overtime, and holiday pay for each employee for the December 31 pay period. Remember that while an hourly rate is shown for all employees, the period pay for exempt employees should be calculated by taking their yearly salary and dividing it by the number of semimonthly pay periods in a year, which should then be split between the number of hours considered regular time and holiday time. The pay rates for each employee have been given from the prior period. Note: Round answers for hourly rate or period wages to 5 decimal places and all other answers to 2 decimals
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