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QUESTION: Kyle Forman worked 47 hours during the week for Erickson Company at two different jobs. His pay rate was $13.95 for the first 40 hours, and his pay rate was $11.70 for the other 7 hours. Determine his gross pay for that week if the company uses the one-half average rate method.

QUESTION: Kyle Forman worked 47 hours during the week for Erickson Company at two different jobs. His pay rate was $13.95 for the first 40 hours, and his pay rate was $11.70 for the other 7 hours. Determine his gross pay for that week if the company uses the one-half average rate method.

FINANCIAL ACCOUNTING
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: Kyle Forman worked 47 hours during the week for Erickson Company at two different jobs. His pay rate was $13.95 for the first 40 hours, and his pay rate was $11.70 for the other 7 hours. Determine his gross pay for that week if the company uses the one-half average rate method.
Transcribed Image Text:QUESTION: Kyle Forman worked 47 hours during the week for Erickson Company at two different jobs. His pay rate was $13.95 for the first 40 hours, and his pay rate was $11.70 for the other 7 hours. Determine his gross pay for that week if the company uses the one-half average rate method.
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