Question
Determine both the regular and overtime wage rates for each of the following employees. All are paid an overtime wage rate 1.5 times their respective
Determine both the regular and overtime wage rates for each of the following employees. All are paid an overtime wage rate 1.5 times their respective regular wage rates. NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.
1:Nancy Bowie earns a weekly wage of $950. During the most recent week, she worked 46 hours. Regular Wage Rate = $ Overtime Wage Rate = $
2:Ronald McHenry earns a biweekly wage of $2,100. During the most recent week, he worked 48 hours. Regular Wage Rate = $ Overtime Wage Rate = $
3:Frank Wayne earns an annual salary of $62,000. During the most recent week, he worked 52 hours. Regular Wage Rate = $ Overtime Wage Rate = $
4:Michelle Connolly earns a monthly salary of $5,000. During the most recent week, she worked 43 hours. Regular Wage Rate = $ Overtime Wage Rate = $
5:Howie Gillette earns a semimonthly salary of $1,900. During the most recent week, he worked 41 hours. Regular Wage Rate = $ Overtime Wage Rate =$
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