Instructions Hourly Wage/Salary Report Time Clerk's Report Payroll Register Instructions Continuing Payroll Problem, 20: Chapter 2 Olney Company, Inc. is a small manufacturing firm located in Newtown, Pennsylvania. The company has a workforce of both hourly and malaried employees. Each employee is paid for hours actually worked during each week, with the time worked being recorded in quarter hour increments. The standard workweek consists of 40 hours, with all employees being paid time and one-half for any hours worked beyond the 40 regular hours. Wages are paid every Friday, with one week's pay being held back by the company. Thus, the first payday for Olney Company is January 14 for the workweek ending January 8 (Saturday), The Payroll Register for the pay period ending January 8, 20- will be completed by you. Ms. Carmen V. Ruppert prepares the time clerk's report for each pay period, which is provided on the Time Clerk's Report pape. Also, the Hourly Wage/Salary Report is provided. Requirements: 1. Record the regular hours and the overtime hours worked for each employee, using the time clerk's report as your reference. 2. Complete the Regular Earnings columns (Rate per Hour and Amount) for hourly employees. For only hourly employees that worked over time, complete the Overtime Earnings columns (Rate per hour and Amount). For salaried workers, complete the Regular Earnings column and show the hourly overtime rate and earnings only if overtime was worked. 3. Record the Total Earnings for each employee by adding the Regular Earnings and the Overtime Earnings. Instructions Hourly Wage/Salary Report Time Clerk's Report Pay Hourly Wage/Salary Report x Hourly Wage/Salary Report The Hourly Wage/Salary Report is provided below which list's each employee, their assigned time card number and their individual hourly rate or salary. Hourly Wage or Salary 21 Time Card No. Employee Name 11 Rob A. Mangino 12 Inga C. Flores 13 Carson S. Palmetto Randy F. Waters 22 Cathy T. Kroll 31 Carmen V. Ruppert 32 William M. Scott 33 Sarah A. Wickman 51 Lucas T. Foley 99 Marshal W. Olney $18.50 per hour 19.25 per hour 17.80 per hour 20.70 per hour 23.80 per hour 800 per week 780 per week 3,500 per month 4,500 per month 78,000 per year Instructions Hourly Wage/Salary Report Time Clerk's Report Payroll Register Time Clerk's Report Time Clerk's Report Ms. Carmen V. Ruppert prepares the time clerk's report for each pay period. Her report for the first week of operations is given below. *Note: All employees, except for Marshal Olney, are paid for hours worked beyond 40 at one and one-half times their regular hourly rate of pay eBook Show Me How Print Item Instructions Hounty Wage/Salary Report Time Clerk's Report Payroll Register Time Clerk's Report TIME CLERK'S REPORT NO. 1 34 For Period Ending January 8, 20- Time Record Employee w Time Worked Time Lost M 8 F S 11 Rob A. Mangino 8 8 8 8 40 12 Inga C. Flores 8 8 8 8 10 8 50 13 Carson S. Palmetto 52 8 8 9 3872 1 hrs. tardy 21 Randy F. Waters 10 10 8 8 11 22 Cathy T. Kroll 8 8 8 8 8 40 31 Carmen V. Ruppert 8 8 8 8 8 114 4144 32 William M. Scott 8 8 8 8 8 40 33 Sarah A. Wickman 8 8 8 8 8 40 51 Lucas T. Foley 8 8 8 8 9 45 99 Marshal W. Olney 8 8 8 8 8 40 Payroll Register X Payroll Register This is the first task to completing Olney Company's payroll register. Complete the steps outlined below: 1. Record the regular hours and the overtime hours worked for each employee, using the time clerk's report as your reference. 2. Complete the Regular Earnings columns (Rate per Hour and Amount) for hourly employees. For only hourly employees that worked overtime, complete the Overtime Earnings columns (Rate per Hour and Amount). For salaried workers, complete the Regular Earnings column and show the hourly overtime rate and earnings only if overtime was worked. Record the Total Earnings for each employee by adding the Regular Earnings and the Overtime Earnings. If an amount box does not require an entry, leave it blank or enter "O". If required, round your intermediate calculations to the nearest cent and use the rounded amounts in subsequent computations. Round fraction values to the nearest two decimal places, e.g. 1 1/2 to 1.50 Puyol Register For Period Ending January 6, 20 Hegular tannings Time Card Overtime Earnings Name Status No. W/ Allow. Hours Worked itate per hour 11 Amount NA Hours Worked itate per Hour 5 5 Anson 12 florest NA 13 MI) NA 21 M Panetto, Wisters, Kroll, Ruppert, Scott W NA N/A S 31 HF) NA 2 ME NA Wickman, s NA NA MF) 99 Olney, M. M NA Total