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Carrie Ortiz works fluctuating work schedules. Besides her fixed salary of $1,028 per week, her employment agreement provides for overtime pay at an extra half-rate for hours worked over 40. This week she worked 46 hours. Compute the following amounts. Round all divisions to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent. a. The overtime earnings 67.08 ✔ 1,095.08 ✔ b. The total earnings c. If this was a Belo plan with a pay rate of $23.45 per hour and a maximum of 46 hours, how much would Ortiz be paid for 42 hours? 1,125.60 X

Carrie Ortiz works fluctuating work schedules. Besides her fixed salary of $1,028 per week, her employment agreement provides for overtime pay at an extra half-rate for hours worked over 40. This week she worked 46 hours. Compute the following amounts. Round all divisions to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent. a. The overtime earnings 67.08 ✔ 1,095.08 ✔ b. The total earnings c. If this was a Belo plan with a pay rate of $23.45 per hour and a maximum of 46 hours, how much would Ortiz be paid for 42 hours? 1,125.60 X

FINANCIAL ACCOUNTING
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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Carrie Ortiz works fluctuating work schedules. Besides her fixed salary of $1,028 per week, her employment agreement provides for overtime pay at an extra half-rate for hours worked over 40. This week she worked 46 hours. Compute the following amounts. Round all divisions to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent. a. The overtime earnings b. The total earnings c. If this was a Belo plan with a pay rate of $23.45 per hour and a maximum of 46 hours, how much would Ortiz be paid for 42 hours? 1,125.60 X $ $ $ 67.08 1,095.08
Transcribed Image Text:Carrie Ortiz works fluctuating work schedules. Besides her fixed salary of $1,028 per week, her employment agreement provides for overtime pay at an extra half-rate for hours worked over 40. This week she worked 46 hours. Compute the following amounts. Round all divisions to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent. a. The overtime earnings b. The total earnings c. If this was a Belo plan with a pay rate of $23.45 per hour and a maximum of 46 hours, how much would Ortiz be paid for 42 hours? 1,125.60 X $ $ $ 67.08 1,095.08
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