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Compute Meryl Streeps gross earnings under the premium overtime approach knowing that her hourly wage is $19.15 and she worked 47 hours during the week.

Compute Meryl Streeps gross earnings under the premium overtime approach knowing that her hourly wage is $19.15 and she worked 47 hours during the week. image text in transcribed
Scenario 3: Overtime Premium Approach Hours Worked: 46.0 46.0 hours x $17.35 - $798.10 Overtime hourly rate (517.35 x 0.5) - $8.68, rounded to 2 decimals Overtime Hours: 6.0 $8.68 x 6.0 hours - 52.08 Gross Earnings S850.18 COMPARISON: Example earned the same amount using either the standard overtime approach or the overtime premium approach Give It A Try Note: Round interim calculations to two decimal places. Use rounded amounts in subsequent computations. And, round your final answer to two decimal places Compute Meryl Streep's gross earnings under the premium overtime approach knowing that her hourly rate is $19.15 and she worked 47 hours during the week. Regular Hours Hourly rate $ Regular Total Pay $ Overtime Hours Hourly Rate Overtime Total Pay Total Gross Earnings

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