Compute the gross pay based on the information given.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
Answer all the questions 1-6 at the bottom
![Drag the term to the correct definition.
a. Weekly
b. Bi-Weekly
d. Monthly
c. Semi-Monthly
1. every 2-weeks with 26 pay periods per year
2. once per month with 12 pay periods per year
3. twice per month with 24 pay periods per year
4. once per week with 52 pay periods per year
Ccaffeine QTeacher
3
Continued – Calculating Gross Pay
Directions: Compute the gross pay based on the information given.
1. Find Gross Pay per week.
Type here
Pay Rate: $14.20/hour
Regular hours worked: 40
Overtime hours worked: 9
2. Find Overtime and Gross
Pay per week.
Type here
Pay Rate: $10.18/hour
Total hours worked last
week: 45
3. Find Overtime and Gross
Pay per week.
Type here
Pay Rate: $9.58/hour
Total hours worked last
week: 48
4. Find Overtime and Gross
Pay per week.
Type here
Pay Rate: $8.45/hour
Total hours worked last
week: 51
5. Calculate Gross Pay per
month.
Type here
Annual Salary: $26,502/year
6. Calculate Gross Pay per
semi-monthly rate.
Type here
Annual Salary: $32,000/year
OCaffeine Q Teacher](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa94c12d4-ec56-4544-af26-f6f985aeeda3%2F9581346c-e6c6-458d-ae70-8a483cea0cc4%2F3we6u32_processed.png&w=3840&q=75)
Transcribed Image Text:Drag the term to the correct definition.
a. Weekly
b. Bi-Weekly
d. Monthly
c. Semi-Monthly
1. every 2-weeks with 26 pay periods per year
2. once per month with 12 pay periods per year
3. twice per month with 24 pay periods per year
4. once per week with 52 pay periods per year
Ccaffeine QTeacher
3
Continued – Calculating Gross Pay
Directions: Compute the gross pay based on the information given.
1. Find Gross Pay per week.
Type here
Pay Rate: $14.20/hour
Regular hours worked: 40
Overtime hours worked: 9
2. Find Overtime and Gross
Pay per week.
Type here
Pay Rate: $10.18/hour
Total hours worked last
week: 45
3. Find Overtime and Gross
Pay per week.
Type here
Pay Rate: $9.58/hour
Total hours worked last
week: 48
4. Find Overtime and Gross
Pay per week.
Type here
Pay Rate: $8.45/hour
Total hours worked last
week: 51
5. Calculate Gross Pay per
month.
Type here
Annual Salary: $26,502/year
6. Calculate Gross Pay per
semi-monthly rate.
Type here
Annual Salary: $32,000/year
OCaffeine Q Teacher
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