Robert LaClerq is paid a regular wage of $9.50 an hour, overtime at the rate of 1 times the regular rate for all hours worked over 8 in any weekday, and overtime at the rate of 2 times the regular rate for hours worked on Saturdays, Sundays, and holidays. During the week ended February 14, LaClerq worked the following days and hours. Calculate the regular hours worked and the overtime hours worked. Then answer the questions that follow. Day Total Hours Worked Regular Hours Overtime Hours Monday 7 Tuesday 10 Wednesday 8 Thursday 10 Friday 11 Saturday 2 48 1. How many regular hours did Mr. LaClerq work? Regular Hours 2. How many overtime hours did Mr. LaClerq work? Overtime Hours 3. What was Mr. LaClerq's regular earnings for the week? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Regular Earnings $ 4. What was Mr. LaClerq's overtime earnings for the week? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Overtime Earnings $ 5. What would the change in Mr. LaClerq's earnings be if he had worked 6 hours on Monday and 9 hours on Wednesday? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Change in Earnings $
Robert LaClerq is paid a regular wage of $9.50 an hour, overtime at the rate of 1 times the regular rate for all hours worked over 8 in any weekday, and overtime at the rate of 2 times the regular rate for hours worked on Saturdays, Sundays, and holidays. During the week ended February 14, LaClerq worked the following days and hours. Calculate the regular hours worked and the overtime hours worked. Then answer the questions that follow. Day Total Hours Worked Regular Hours Overtime Hours Monday 7 Tuesday 10 Wednesday 8 Thursday 10 Friday 11 Saturday 2 48 1. How many regular hours did Mr. LaClerq work? Regular Hours 2. How many overtime hours did Mr. LaClerq work? Overtime Hours 3. What was Mr. LaClerq's regular earnings for the week? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Regular Earnings $ 4. What was Mr. LaClerq's overtime earnings for the week? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Overtime Earnings $ 5. What would the change in Mr. LaClerq's earnings be if he had worked 6 hours on Monday and 9 hours on Wednesday? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Change in Earnings $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
|
Robert LaClerq is paid a regular wage of $9.50 an hour, overtime at the rate of 1 times the regular rate for all hours worked over 8 in any weekday, and overtime at the rate of 2 times the regular rate for hours worked on Saturdays, Sundays, and holidays. During the week ended February 14, LaClerq worked the following days and hours. |
| Calculate the regular hours worked and the overtime hours worked. Then answer the questions that follow. |
| Day | Total Hours Worked | Regular Hours |
Overtime Hours |
| Monday | 7 | ||
| Tuesday | 10 | ||
| Wednesday | 8 | ||
| Thursday | 10 | ||
| Friday | 11 | ||
| Saturday | 2 | ||
| 48 | |||
| 1. | How many regular hours did Mr. LaClerq work? |
| Regular Hours |
| 2. | How many overtime hours did Mr. LaClerq work? |
| Overtime Hours |
| 3. |
What was Mr. LaClerq's regular earnings for the week? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
| Regular Earnings | $ |
| 4. |
What was Mr. LaClerq's overtime earnings for the week? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
| Overtime Earnings | $ |
| 5. |
What would the change in Mr. LaClerq's earnings be if he had worked 6 hours on Monday and 9 hours on Wednesday? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
| Change in Earnings | $ |
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