Builders Construction Company pays its employee, Robby Tower, time-and-a-half of regular rate for all overtime worked. Builders Construction considers all hours worked over 8 hours in a day as overtime. Double time is paid to Robby for all hours worked on Sunday. Assumed that Robby’s regular hourly rate is $25.50 per hour. During the week, Robby worked the following hours: Monday, 9; Tuesday, 11; Wednesday,10; Thursday, 12; Friday, 8; Saturday 5; Sunday, 7. Assume deductions of Union Dues $60.00, United Way Contributions $35.00, and Income Tax Withheld $ 125.00, Robby’s total net wages are:
Builders Construction Company pays its employee, Robby Tower, time-and-a-half of regular rate for all overtime worked. Builders Construction considers all hours worked over 8 hours in a day as overtime. Double time is paid to Robby for all hours worked on Sunday. Assumed that Robby’s regular hourly rate is $25.50 per hour. During the week, Robby worked the following hours: Monday, 9; Tuesday, 11; Wednesday,10; Thursday, 12; Friday, 8; Saturday 5; Sunday, 7. Assume deductions of Union Dues $60.00, United Way Contributions $35.00, and Income Tax Withheld $ 125.00, Robby’s total net wages are:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Builders Construction Company pays its employee, Robby Tower, time-and-a-half of regular
rate for all overtime worked. Builders Construction considers all hours worked over 8 hours in a
day as overtime. Double time is paid to Robby for all hours worked on Sunday. Assumed that
Robby’s regular hourly rate is $25.50 per hour. During the week, Robby worked the following
hours: Monday, 9; Tuesday, 11; Wednesday,10; Thursday, 12; Friday, 8; Saturday 5; Sunday, 7.
Assume deductions of Union Dues $60.00, United Way Contributions $35.00, and Income Tax
Withheld $ 125.00, Robby’s total net wages are:
a. $1,950.75.
b. $930.75.
c. $1730.75.
d. $800.00.
e. $1,765.75.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 1 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education