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:Alice Rhoades earns a weekly wage of $1,200. During the most recent week, she worked 48 hours. Regular Wage Rate = $ Overtime Wage Rate = $
2:Hank Long earns a biweekly wage of $3,400. During the most recent week, she worked 45 hours. Regular Wage Rate = $ Overtime Wage Rate = $
3:Barry Adams earns an annual salary of $80,000. During the most recent week, she worked 59 hours. Regular Wage Rate = $ Overtime Wage Rate = $
4:Sue Martin earns a monthly salary of $5,500. During the most recent week, she worked 41 hours. Regular Wage Rate = $ Overtime Wage Rate = $
5:Gary McKay earns a semimonthly salary of $2,200. During the most recent week, he worked 48 hours. Regular Wage Rate = $ Overtime Wage Rate = $
Calculate gross pay for each of the five employees listed below. NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.
1:Alice Rhoades earns a weekly wage of $1,200. During the most recent week, she worked 48 hours. Gross Pay = $
2:Hank Long earns a biweekly wage of $3,400. During the most recent week, he worked 45 hours. Gross Pay = $
3:Barry Adams earns an annual salary of $80,000. During the most recent week, he worked 59 hours. Gross Pay = $
4:Sue Martin earns a monthly salary of $5,500. During the most recent week, she worked 41 hours. Gross Pay = $
5:Gary McKay earns a semimonthly salary of $2,200. During the most recent week, he worked 48 hours. Gross Pay = $
Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 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:Dennis McDonald earns both $8.25/hour and a 11% commission on all sales. During the most recent week, he worked 44 hours and made total sales of $13,000. Gross Pay = $
2:Cathy Miller earns both $10/hour and $15 for every sale she completes. During the most recent week, she worked 45 hours and made a total of 75 sales. Gross Pay = $
3:Lenny Boyer earns both $7.50/hour and a 19% commission on all sales. During the most recent week, he worked 48 hours and made total sales of $8,000. Gross Pay = $
4:David White earns both $11/hour, $12 for every sale of Product A, and $15 for every sale of Product B. During the most recent week, he worked 51 hours and sold 35 units of Product A and 39 units of Product B. Gross Pay = $
5:Gary Montgomery earns both $18.25/hour and a 17% commission on all sales. During the most recent week, he worked 43 hours and made total sales of $15,000. Gross Pay = $
Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 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:Manny Johnson earns $9.25/hour. During the most recent week, he receives a discretionary bonus of $1,500 and works 44 hours. Gross Pay: $
2:Belinda Marshall earns $15/hour. During the most recent week, she receives a nondiscretionary bonus of $3,500 and works 48 hours. Gross Pay: $
3:Jaden Brown earns $9.50/hour. During the most recent week, he receives a nondiscretionary bonus of $1,000 and works 49 hours. Gross Pay: $
4:Barry Barnes earns $11.25/hour. During the most recent week, he receives a nondiscretionary bonus of $4,200 and works 44 hours. Gross Pay: $
Calculate gross pay for each of the following employees of Replay Co. The company offers a regular wage rate of $7.90/hour to all employees. Under an incentive plan in place for all employees, this rate increases for any employee who can meet weekly production goals. The increased rates and corresponding thresholds that must be met are as follows:
$8.40/hour for producing at least 2,200 units
$11.75/hour for producing at least 2,600 units
$12.25/hour for producing at least 3,100 units
$15/hour for producing at least 3,500 units
All employees are paid an overtime wage rate that is 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:Juliette Franks worked 47 hours and produced 3,664 units. Gross Pay = $
2:Tracey Wilkins worked 43 hours and produced 2,518 units. Gross Pay = $
3:Candace Baldwin worked 51 hours and produced 3,304 units. Gross Pay = $
4:Henry Walker worked 44 hours and produced 2,097 units. Gross Pay = $
Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 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:Amy Blackwood receives tips from customers as a standard component of her weekly pay. She is paid $2.25/hour by her employer and receives $175 in tips during the most recent 48-hour workweek. Gross Pay = $
2:Jerold Matthews receives tips from customers as a standard component of his weekly pay. He is paid $3.10/hour by his employer and receives $396 in tips during the most recent 44-hour workweek. Gross Pay = $
3:Laurel Woods receives tips from customers as a standard component of her weekly pay. She is paid $4.25/hour by her employer and receives $299 in tips during the most recent 36-hour workweek. Gross Pay = $
4:Tricia Watkins receives tips from customers as a standard component of her weekly pay. She is paid $2.90/hour by her employer and receives $129 in tips during the most recent 50-hour workweek. Gross Pay = $
Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 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:Joseph Emanuel assembles merchandise and is paid $0.12 for each unit assembled. During the most recent week, he worked 48 hours and assembled 5,725 units. Gross Pay = $
2:Dennis Tillman is a telemarketer, who is paid $0.36 for every telemarketing call he places. During the most recent week, he worked 42 hours and placed 1,596 calls. Gross Pay = $
3:Ray Humphrey assembles merchandise and is paid $0.05 for each unit assembled. During the most recent week, he worked 55 hours and assembled 14,123 units. Gross Pay = $
4:Cory Petersen is a telemarketer who is paid $0.28 for every telemarketing phone call he places. During the most recent week, he worked 53 hours and placed 1,633 calls. Gross Pay = $
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