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PROBLEM 2 Elder is paid a monthly salary of $2,250. Overtime is paid for hours beyond 40 in each workweek. One week, Elder works 7
PROBLEM 2
Elder is paid a monthly salary of $2,250. Overtime is paid for hours
beyond 40 in each workweek. One week, Elder works 7 hours overtime.
Elders gross pay for the week is
PROBLEM 3
Ides receives 16 cents for every unit produced. Ides produces 2,976
pieces in a 43-hour workweek. For overtime, Ides is paid a sum equal to
one-half the regular hourly pay rate multiplied by the number of overtime
hours. Ides total piecework and overtime earnings are
PROBLEM 4
Kerr receives an annual $25,700 base salary for working the territory in
Arizona. A quota of $900,000 in sales has been set for that state. Kerr
receives an 8 percent commission on all sales in excess of $900,000.
This year, the sales are $965,000. The total earnings due Kerr this year
are
PROBLEM 5
Stacy Forvour is a salaried employee who works fluctuating workweeks.
She is paid $680 per workweek. This week, she worked 46 hours.
Forvours total gross pay if her employer uses the special half-rate
(based on total hours worked) for overtime pay is
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