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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

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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.) Total Hours Worked 46 Overtime Rate Overtime Hours Worked Regular Overtime Gross Earnings Earnings Earnings Employee Hourly No. Rate 1 $ 10.40 2 10.02 3 9.86 47 38 48 4 10.20

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