2-3A • LO 4 See Example 2-7 on page 2-22 The hours worked and the hourly wage rates for five employees of Kagan Company for the week ended September 9 follow. a. For each employee, compute the gross earnings. b. Compute the total gross earnings for all employees.

2-3A • LO 4 See Example 2-7 on page 2-22 The hours worked and the hourly wage rates for five employees of Kagan Company for the week ended September 9 follow. a. For each employee, compute the gross earnings. b. Compute the total gross earnings for all employees.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

2-3A • LO 4
See Example 2-7 on page 2-22
The hours worked and the hourly wage rates for five employees of Kagan Company for the week ended September
9 follow.
a. For each employee, compute the gross earnings.
b. Compute the total gross earnings for all employees.

Regular Hourly
Wage Rate
$11.70
Hours
(a)
Gross Earnings
Employee
Worked
Darley, R. .
38
$
Waxman, B.
40
12.35
Isaac, J.
37
13.00
LE ... ..
Bruner, H.
40
10.75
Kellogg, P.
322
12.40
(b) Total gross earnings
2$

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