The wages and hours information for five employees of McNeese Enterprises for th
ID: 2330861 • Letter: T
Question
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. If required, round your answers to two decimal places and use the rounded answers in subsequent computations. Round your final answers to the nearest cent. 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 Employee Hours Worked Regular Hourly Wage Rate Regular Earnings Overtime Rate Carman, T Galasso, A Jones, B Rodna, G Wilmon, W Overtime Earnings Total Gross Earnings 43 47 42 46 44.5 $7.85 11.75 3.35 7.95 8.70 (b) Total gross earningsExplanation / Answer
Employee Hours worked Regular hourly wage rate Regular earnings Overtime rate Overtime earnings Total gross earnings Carman, T 43 7.85 314 11.78 35.34 349.34 Galasso, A 47 11.75 470 17.63 123.41 593.41 Jones, B 42 8.35 334 12.53 25.06 359.06 Rodna, G 46 7.95 318 11.93 71.58 389.58 Wilmon, W 44.5 8.7 348 13.05 58.73 406.73 b 2098.12
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