Answered: Emily is paid a semimonthly salary of…

Emily is paid a semimonthly salary of 900. She works 8.5 hours of overtime in one week. What is her pay for this semimonthly period

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

Emily is paid a semimonthly salary of 900. She works 8.5 hours of overtime in one week. What is her pay for this semimonthly period?

Expert Solution

Step 1

Normal time for which a worker is required to work on site is 8 hours in a day.

Total Wages can be calculated as = Total Hours Work x Hourly rate

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Solved in 3 steps

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