Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kim Van Gelder earns $12.87 per hour. Overtime from Monday to Friday is paid at time-and-a-half regular pay for any hours over 7 per day.

image text in transcribed

Kim Van Gelder earns $12.87 per hour. Overtime from Monday to Friday is paid at time-and-a-half regular pay for any hours over 7 per day. Any hours worked on weekends are all paid at double the regular rate of pay, if there were 35 regular hours that week. Last week Kim worked regular hours on Monday, Wednesday, and Friday, 10 hours on Tuesday, 9.5 hours on Thursday, and 5 hours on Saturday Determine Kim's gross eanings by each of the two methods Do not include the $ sign in your answers. Do not include the, indicating thousands in your answers. Dollar figures must always be correct to 2 decimal places Do not include the % sign in your answsers. (a) Method A Hours at regular pay = Hours at time-and-a-half- Hours at double time = Regular pay = Time-and-a-half pay = Double time pay- Gross earnings (b) Method B Hours at regular pay Hours at time-and-a-half- Hours at double time = Regular pay- Time-and-a-half pay Double time pay Gross earnings =

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_2

Step: 3

blur-text-image_3

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

Banking With Integrity The Winners Of The Financial Crisis

Authors: Dr Heiko Spitzeck , Dr Michael Pirson, Dierksme , Dr. Heiko Spitzeck , Prof. Claus Dierksmeier, Dr. Michael Pirson

1st Edition

0230289959,0230346499

More Books

Students also viewed these Finance questions