АCTIVITY1.Some companies use the overtime premium method to determine gross earnings. Use this method tocomplete the following payroll ledger. Overtime is paid at the time-and-a-half rate for all hours over 40?O.T.Hours WorkedGross EarningsTotal Reg. 0.T. PremiumS Hours Rate Hours RateEmployeeS MW TH F0.T. Total16. Averell, B.10 9 8 5 12 751$11.40 11$5.70 $581.40 $62.70 $644.10-17. Brownlee, K. 7.75 10 59.75 8 10$9.5018. Carter, M.12 118 8.25 11$8.60-|-19. Parks, K.8.5 5.5 10 12 10.5 7$12.50-20. Parr, J.10 9.75 9 11.5 10$10.20

17 Brownlee K Total hours = 7.75 + 10 + 5 + 9.75 + 8 + 10 = 50.5 OT hours = 50.5 - 40 = 10.5 Premium…

Answered: 1.Some companies use the overtime…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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