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 - 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. a. What is the gross earnings for the week?

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 - 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. a. What is the gross earnings for the week?

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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		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	-	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