Libby is an hourly employee who earns $14.32/hour. She is paid overtime only for hours worked past 40 in one week. During a weekly pay period, she worked the following hours: Days               hours             minutes Monday            8                   47 Tuesday             8                  22 Wednesday        6                  25 Thursday          9                    6 Friday              7                       58 What is the difference between her pay using the quarterly-hour and the hundresth-hour methods? Which method pay Libby the greater amount? (Do not round intermediate calculations. Round your answer to 2 decimal places)

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter2: Computing Wages And Salaries
Section: Chapter Questions
Problem 8PA
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Libby is an hourly employee who earns $14.32/hour. She is paid overtime only for hours worked past 40 in one week. During a weekly pay period, she worked the following hours:

Days               hours             minutes

Monday            8                   47

Tuesday             8                  22

Wednesday        6                  25

Thursday          9                    6

Friday              7                       58

What is the difference between her pay using the quarterly-hour and the hundresth-hour methods? Which method pay Libby the greater amount? (Do not round intermediate calculations. Round your answer to 2 decimal places)      

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