he wages and hours information for five employees of Somja Enterprises for the week ended April 7 is given below. Employees work a standard 40-hour workweek and are paid time and one-half for all hours over 40 in each workweek. If required, round your answers to two decimal places and use the rounded answers in subsequent computations. Round your final answers to the nearest cent. a. For each employee, compute the regular earnings, overtime rate, overtime earnings, and total gross earnings. b. Compute the total gross earnings for all employees. Employee Hours Worked Regular Hourly Wage Rate Regular Earnings Overtime Rate Overtime Earnings Total Gross Earnings Wilson, H. 43 $11.90 $ $ $ $ Aha, C. 42 14.20 Shoup, K. 47 13.90 Carlyn, D. 41½ 10.70 McMurray, J. 45 17.10

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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The wages and hours information for five employees of Somja Enterprises for the week ended April 7 is given below. Employees work a standard 40-hour workweek and are paid time and one-half for all hours over 40 in each workweek.

If required, round your answers to two decimal places and use the rounded answers in subsequent computations. Round your final answers to the nearest cent.

a. For each employee, compute the regular earnings, overtime rate, overtime earnings, and total gross earnings.

b. Compute the total gross earnings for all employees.

Employee Hours Worked Regular Hourly Wage Rate Regular Earnings Overtime Rate Overtime Earnings Total Gross Earnings
Wilson, H. 43 $11.90 $ $ $ $
Aha, C. 42 14.20
Shoup, K. 47 13.90
Carlyn, D. 41½ 10.70
McMurray, J. 45 17.10

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