Exercise 10.2 (Algo) Computing regular earnings, overtime earnings, and gross pay. LO 10-2

During one week, four production employees of Morgan Manufacturing Company worked the hours shown below. All these employees receive overtime pay at one and one-half times their regular hourly rate for any hours worked beyond 40 in a week. Determine the regular earnings, overtime earnings, and gross earnings for each employee. (Round your intermediate calculations and final answers to 2 decimal places.)

\begin{tabular}{|c|r|r|c|c|c|} \hline Employee No. & \multicolumn{1}{|c|}{ Hourly Rate } & Total Hours Worked & Overtime Rate & Overtime Hours Worked & Regular Earnings Earnings Earnings \\ \hline 1 & $9.80 & 45 & \\ \hline 2 & 9.52 & 46 & \\ \hline 3 & 9.36 & 39 & \\ \hline 4 & 9.60 & 47 & \\ \hline \end{tabular}