Peter Senen Corp has the following data for the fourth week of March: Hours Worked Employee Name Hourly Rate Sunday Monday Tuesday Wednesday Thursday Friday Saturday Total Kris $900 6 8 8 8 8 8 8 54 Bryan $950 0 8 7 10 9 7 8 49 Rose $750 1 8 9 8 10 9 8 53 Tess $900 5 8 10 8 8 9 8 56 Jose $1,000 9 8 8 6 7 10 8 56 The rate for hours in excess of 40 is one and half times the regular rate. The rate for hours worked on Sunday is twice the regular rate. Required: Compute the gross earnings of each employee.
Peter Senen Corp has the following data for the fourth week of March: Hours Worked Employee Name Hourly Rate Sunday Monday Tuesday Wednesday Thursday Friday Saturday Total Kris $900 6 8 8 8 8 8 8 54 Bryan $950 0 8 7 10 9 7 8 49 Rose $750 1 8 9 8 10 9 8 53 Tess $900 5 8 10 8 8 9 8 56 Jose $1,000 9 8 8 6 7 10 8 56 The rate for hours in excess of 40 is one and half times the regular rate. The rate for hours worked on Sunday is twice the regular rate. Required: Compute the gross earnings of each employee.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Peter Senen Corp has the following data for the fourth week of March:
Hours Worked | |||||||||
Employee Name | Hourly Rate | Sunday | Monday | Tuesday | Wednesday | Thursday | Friday | Saturday | Total |
Kris | $900 | 6 | 8 | 8 | 8 | 8 | 8 | 8 | 54 |
Bryan | $950 | 0 | 8 | 7 | 10 | 9 | 7 | 8 | 49 |
Rose | $750 | 1 | 8 | 9 | 8 | 10 | 9 | 8 | 53 |
Tess | $900 | 5 | 8 | 10 | 8 | 8 | 9 | 8 | 56 |
Jose | $1,000 | 9 | 8 | 8 | 6 | 7 | 10 | 8 | 56 |
The rate for hours in excess of 40 is one and half times the regular rate. The rate for hours worked on Sunday is twice the regular rate.
Required: Compute the gross earnings of each employee.
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