Question
November 15 Compute the pay for each employee. Update the Employees' Earnings Record for the periods pay and the new YTD amount. Employee pay will
November 15
Compute the pay for each employee. Update the Employees' Earnings Record for the periods pay and the new YTD amount. Employee pay will be disbursed on November 19, 2019. Any hours exceeding 88 during this pay period are considered overtime for nonexempt employees. Remember that the employees are paid semimonthly.
Compute the gross earnings for regular and overtime pay for each employee for the November 15 pay period. Remember that while an hourly rate is shown for all employees, the regular pay for exempt employees should be calculated by taking their yearly salary and dividing it by the number of semimonthly pay periods in a year. The pay rates for each employee have been given from the prior period. (Round your answers to 2 decimals.)
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Complete the payroll register for the November 15 pay period. (Round your answers to 2 decimal places.)
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