Round all divisions to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent. a.  The overtime earning $87.04 b.  The total earnings $1,131.04 c.  If this was a BELO plan with a pay rate of $23.45 per hour and a maximum of 48 hours, how much would Overwood be paid for 42 hours? $ NOTE: For a Belo Plan multiply maximum hours by hourly rate. Add this to ½ times the regular rate multiplied by the number of hours over 40 = Belo Pay.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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I FIGURE OUT A AND B.

JUST NEED HELP WITH LETTER C.

Carrie Overwood works fluctuating work schedules. Besides her fixed salary of $1,044 per week, her employment agreement provides for overtime pay at an extra half-rate for hours worked over 40. This week she worked 48 hours. Compute the following amounts.

Round all divisions to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent.

a.  The overtime earning $87.04
b.  The total earnings $1,131.04

c.  If this was a BELO plan with a pay rate of $23.45 per hour and a maximum of 48 hours, how much would Overwood be paid for 42 hours?
$

NOTE: For a Belo Plan multiply maximum hours by hourly rate. Add this to ½ times the regular rate multiplied by the number of hours over 40 = Belo Pay.

 

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