loads/CHAPTER%202%20-%20Problem%20Set.pdf 2-1A-Fair Labor Standards Act. Carson Beck works at the local Worst Buy Shop. As a full-time student at the local university, he is being paid an hourly rate of $4.20 an hour. One week, Beck worked 37 hours. a. Beck's earnings for the week are b. Is the hourly rate in violation of the FLSA? Explain c. If the hourly rate is in violation of the FLSA, the amount the shop should pay Beck is $228.29. See Example 2.1 on page 2.5 2-7A-Hours worked. John Porter is an hourly employee of Motter Company located in New York City. This week, Porter had to travel to the company's regional office in Albany. He left Sunday at noon and arrived in Albany at 3:00 p.m. During the week, he worked his normal 40 hours in the Albany office (Monday through Friday-9 a.m. to 5p.m.). In addition, he attended the company's mandatory 4-hour work training session on Wednesday evening. Porter's hourly rate of pay is $24.80 per hour. a. Porter's overtime earnings for the week are b. Porter's total earnings for the week are Q Search Movies Search Chapter 2 Probler X Microsoft Word - CHAPTER 2 X + loads/CHAPTER%202%20-%20Problem%20Set.pdf Under the decimal system of computing time worked at Timmerman Company, production workers who are tardy are "docked" according to the schedule shown below. Minutes late in Fractional Hour Ringing in Deducted 1 through 6 1/10 7 through 12 2/10 13 through 18 3/10 19 through 24, etc. 4/10 The regular hours of work, Monday through Friday, are from 7:30 to 11:30 a.m. and from 12:30 to 4:30 p.m. During one week, Henry Vanderhoff, who earns $12.15 an hour, reports in and checks out as shown below. Employees are not paid for ringing in a few minutes before 7:30 and 12:30 nor for ringing out a few minutes after 11:30 and 4:30. a. The hours worked each day Monday Tuesday Wednesday Thursday Friday b. The total hours worked c. The gross earnings for the week (show the calculation). See Example 2-3 on page 2.21 signment: Chapter 2 ProbleX Microsoft Word - CHAPTER 2X + ria/Downloads/CHAPTER%202%20-%20Problem%20Set.pdf 2-4A - Calculate regular and overtime pay. The wages and hours information for five employees of McNeese Enterprises for the week ended July 7 is given below. Employees work a standard 40 hour workweek and are paid time and one-half for all hours over 40 in each workweek. a. For each employee, compute the regular earnings, overtime rate, overtime earnings, and total gross earnings. b. Compute the total gross earnings for all employees. Regular Hourly Wage Rate 12.45 Regular Earnings Overtime Rate Overtime Earnings Hours Worked 47.0 Total Gross Earnings Employee Carman, T Galasso, A. 42.0 11.90 48.0 10.85 Jones, Rodna, G. 44.0 11.25 Wilmon, W. 45.5 13.40 Total gross earnings See Fromple 2-9 on page 2.23 2-19A-Identify compensation plans. Wendy Epstein, a sales representative, earns an annual salary of $29.500 and receives a commission on that portion of her annual sales that exceeds $150,000. The commission is 8.5% on all sales up to $50,000 above the quota. Beyond that amount, she receives a commission of 10%. Her total sales for the past year were $295,000. Compute: a. The regular annual salary b. The commission The total annual earnings See Example 2-25 on page 2.29 Q Search Movies Search % 5 4 6 7 8 9 loads/CHAPTER%202%20-%20Problem%20Set.pdf 2-1A-Fair Labor Standards Act. Carson Beck works at the local Worst Buy Shop. As a full-time student at the local university, he is being paid an hourly rate of $4.20 an hour. One week, Beck worked 37 hours. a. Beck's earnings for the week are b. Is the hourly rate in violation of the FLSA? Explain c. If the hourly rate is in violation of the FLSA, the amount the shop should pay Beck is $228.29. See Example 2.1 on page 2.5 2-7A-Hours worked. John Porter is an hourly employee of Motter Company located in New York City. This week, Porter had to travel to the company's regional office in Albany. He left Sunday at noon and arrived in Albany at 3:00 p.m. During the week, he worked his normal 40 hours in the Albany office (Monday through Friday-9 a.m. to 5p.m.). In addition, he attended the company's mandatory 4-hour work training session on Wednesday evening. Porter's hourly rate of pay is $24.80 per hour. a. Porter's overtime earnings for the week are b. Porter's total earnings for the week are Q Search Movies Search Chapter 2 Probler X Microsoft Word - CHAPTER 2 X + loads/CHAPTER%202%20-%20Problem%20Set.pdf Under the decimal system of computing time worked at Timmerman Company, production workers who are tardy are "docked" according to the schedule shown below. Minutes late in Fractional Hour Ringing in Deducted 1 through 6 1/10 7 through 12 2/10 13 through 18 3/10 19 through 24, etc. 4/10 The regular hours of work, Monday through Friday, are from 7:30 to 11:30 a.m. and from 12:30 to 4:30 p.m. During one week, Henry Vanderhoff, who earns $12.15 an hour, reports in and checks out as shown below. Employees are not paid for ringing in a few minutes before 7:30 and 12:30 nor for ringing out a few minutes after 11:30 and 4:30. a. The hours worked each day Monday Tuesday Wednesday Thursday Friday b. The total hours worked c. The gross earnings for the week (show the calculation). See Example 2-3 on page 2.21 signment: Chapter 2 ProbleX Microsoft Word - CHAPTER 2X + ria/Downloads/CHAPTER%202%20-%20Problem%20Set.pdf 2-4A - Calculate regular and overtime pay. The wages and hours information for five employees of McNeese Enterprises for the week ended July 7 is given below. Employees work a standard 40 hour workweek and are paid time and one-half for all hours over 40 in each workweek. a. For each employee, compute the regular earnings, overtime rate, overtime earnings, and total gross earnings. b. Compute the total gross earnings for all employees. Regular Hourly Wage Rate 12.45 Regular Earnings Overtime Rate Overtime Earnings Hours Worked 47.0 Total Gross Earnings Employee Carman, T Galasso, A. 42.0 11.90 48.0 10.85 Jones, Rodna, G. 44.0 11.25 Wilmon, W. 45.5 13.40 Total gross earnings See Fromple 2-9 on page 2.23 2-19A-Identify compensation plans. Wendy Epstein, a sales representative, earns an annual salary of $29.500 and receives a commission on that portion of her annual sales that exceeds $150,000. The commission is 8.5% on all sales up to $50,000 above the quota. Beyond that amount, she receives a commission of 10%. Her total sales for the past year were $295,000. Compute: a. The regular annual salary b. The commission The total annual earnings See Example 2-25 on page 2.29 Q Search Movies Search % 5 4 6 7 8 9