Silver Moon Restaurant's timesheet shows: regular hours 82 at $18/hour, overtime 14 hours at 1.5 times regular rate. State the total payroll amount. [3 points]

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter21: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 2P: Medwig Corporation has a DSO of 17 days. The company averages 3,500 in sales each day (all customers...
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State the payroll amount

Silver Moon Restaurant's timesheet shows:
regular hours 82 at $18/hour, overtime 14 hours
at 1.5 times regular rate. State the total payroll
amount. [3 points]
Transcribed Image Text:Silver Moon Restaurant's timesheet shows: regular hours 82 at $18/hour, overtime 14 hours at 1.5 times regular rate. State the total payroll amount. [3 points]
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