Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I have had several wrong answers on this one. Calculate gross pay for each of the following employees. All are paid an overtime wage rate

I have had several wrong answers on this one.

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:

Samuel Worthy earns both $8.50/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:

Charlotte Denning earns both $10/hour and $29 for every sale she completes. During the most recent week, she worked 49 hours and made a total of 65 sales.

Gross Pay = $

3:

James Finch earns both $11.70/hour and a 12% commission on all sales. During the most recent week, he worked 45 hours and made total sales of $7,200.

Gross Pay = $

4:

Keri Weinberg earns both $10/hour, $10 for every sale of Product A, and $14 for every sale of Product B. During the most recent week, she worked 54 hours and sold 26 units of Product A and 41 units of Product B.

Gross Pay = $

5:

Tom Wilson earns both $16.10/hour and a 16% commission on all sales. During the most recent week, he worked 46 hours and made total sales of $14,500.

Gross Pay

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Chapters 1-24

Authors: Tracie L Nobles, Cathy Scott

11th Edition

1111528306, 978-1111528300

More Books

Students also viewed these Accounting questions

Question

How do the events of normal aging affect life satisfaction?

Answered: 1 week ago

Question

What do you mean by dual mode operation?

Answered: 1 week ago

Question

Explain the difference between `==` and `===` in JavaScript.

Answered: 1 week ago