General Accounting question Michael's regular hourly rate is $22. For overtimehours, he receives 1.5 times his regular rate ($22 ×1.5 = $33 per hour). During this bi-weekly payperiod, Michael worked 86 hours. Calculate hisgross earnings.

Step 1: Determine regular work hours for the bi-weekly periodStep 2: Calculate overtime hoursStep 3:…

Answered: Michael's regular hourly rate is $22.…

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter3: Accounting For Labor

Section: Chapter Questions

Problem 15E

See similar textbooks

Similar questions

Carl is paid an hourly rate of $12.65. What is his annual gross pay if he works 25 hours per week? $316.75
Carl is paid an hourly rate of $17.85. What is his weekly gross pay he works 38 hours per week ?
What is kevins hourly rate of pay?
Compute the gross earnings for this financial accounting question
I need answer of this question accounting
Employee Rick Smith Employee Address 456 1st Ave Yuma, AZ 85364 Number of Hours Worked and Hourly Rate SSN 123-45-6789 Pay Type- Gross Pay Rick's Paycheck Deductions Federal Withholding State Withholding Fed Social Security/EE Fed Medicare/EE Medical 401K Totals Pay Period Check # 108 Current Check Amount(Net Pay) Year-to-Date $168.00 $76.00 $119.04 $27.84 $50.00 $80.00 $
Susan Cejka receives an hourly wage of $11.25 for a 40-hour week of 5 days, 8 hours daily. For Saturday work, she is paid 1.5 times the regular rate. For Sunday work, she is paid 2 times the regular rate. One week, she worked 50 hours—4 hours of which were on Saturday and 6 hours on Sunday. Her total earnings for the week are _____.
Stuart's regular rate of pay is $22 per hour. He is given 1.5 times the rate of pay for days he works over 37.5 hours. Determine the amount earned during a week where he worked 42 hours.
Rai's base pay rate is $11 per hour, with overtime pay of time-and-a-half, and double-time for holidays. Calculate her gross pay if she worked 6 holiday hours in addition to 39.5 hours Monday through Saturday. (Round your answer to the nearest cent.) a) $434.50 b) $500.50 c) $533.50 d) $566.50
Charles earns an annual salary of $72,100 paid biweekly based on a regular workweek of 36.25 hours. His company generously pays all overtime at twice his regular wage. If Charles worked 85.5 hours over the course of two weeks, what are his gross earnings? Question Two:
Lucille receives an annual salary of $37,500 based on a 37.5 hour workweek. What are her gross earnings for a 2 week pay period in which she works 9 hours of overtime at 1.5 times her regular rate of pay?
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?

SEE MORE QUESTIONS

Recommended textbooks for you

Principles of Cost Accounting

Accounting

ISBN:

9781305087408

Author:

Edward J. Vanderbeck, Maria R. Mitchell

Publisher:

Cengage Learning

PAYROLL ACCT., 2019 ED.(LL)-TEXT

Accounting

ISBN:

9781337619783

Author:

BIEG

Publisher:

CENGAGE L

Principles of Cost Accounting

Accounting

ISBN:

9781305087408

Author:

Edward J. Vanderbeck, Maria R. Mitchell

Publisher:

Cengage Learning

PAYROLL ACCT., 2019 ED.(LL)-TEXT

Accounting

ISBN:

9781337619783

Author:

BIEG

Publisher:

CENGAGE L

SEE MORE TEXTBOOKS

Michael's regular hourly rate is $22. For overtime hours, he receives 1.5 times his regular rate ($22 × 1.5 = $33 per hour). During this bi-weekly pay period, Michael worked 86 hours. Calculate his gross earnings.