Casey Na's average workweek during the first quarter of the year (13 weeks) was 44 hours. As part of his company's perfect attendance program, he earned a bonus of $962. Determine the extra overtime pay due Na for the first quarter. Divide annual bonus amount by 52 weeks to get weekly bonus amount. Divide weekly bonus amount by hours worked in week to calculate bonus amount per hour. Multiply bonus amount per hour by .5 (50%) to calculate extra overtime rate. Multiply extra overtime rate by number of overtime hours worked in week by 52 weeks to calculate extra overtime pay.
Casey Na's average workweek during the first quarter of the year (13 weeks) was 44 hours. As part of his company's perfect attendance program, he earned a bonus of $962. Determine the extra overtime pay due Na for the first quarter. Divide annual bonus amount by 52 weeks to get weekly bonus amount. Divide weekly bonus amount by hours worked in week to calculate bonus amount per hour. Multiply bonus amount per hour by .5 (50%) to calculate extra overtime rate. Multiply extra overtime rate by number of overtime hours worked in week by 52 weeks to calculate extra overtime pay.
Chapter2: Computing Wages And Salaries
Section: Chapter Questions
Problem 22PA: Casey Collins average workweek during the first quarter of the year (13 weeks) was 43 hours. As part...
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Casey Na's average workweek during the first quarter of the year (13 weeks) was 44 hours. As part of his company's perfect attendance program, he earned a bonus of $962. Determine the extra overtime pay due Na for the first quarter.
- Divide annual bonus amount by 52 weeks to get weekly bonus amount.
- Divide weekly bonus amount by hours worked in week to calculate bonus amount per hour.
- Multiply bonus amount per hour by .5 (50%) to calculate extra overtime rate.
- Multiply extra overtime rate by number of overtime hours worked in week by 52 weeks to calculate extra overtime pay.
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