Bundle: College Accounting, Chapters 1-15, Loose-Leaf Version, 22nd + LMS Integrated for CengageNOWv2, 1 term Printed Access Card
Bundle: College Accounting, Chapters 1-15, Loose-Leaf Version, 22nd + LMS Integrated for CengageNOWv2, 1 term Printed Access Card
22nd Edition
ISBN: 9781305930681
Author: James A. Heintz, Robert W. Parry
Publisher: Cengage Learning
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Chapter 8, Problem 2SEA

COMPUTING OVERTI ME RATE OF PAY AND GROSS WEEKLY PAY Rebecca Huang receives a regular salary of $2,600 a month and is paid 1½ times the regular hourly rate for hours worked in excess of 40 per week.

(a) Calculate Huang’s overtime rate of pay.

(b) Calculate Huang’s total gross weekly pay if she works 45 hours during the week.

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Cool Comfort currently sells 360 Class A spas, 520 Class C spas, and 230 deluxe model spas each year. The firm is considering adding a mid-class spa and expects that, if it does, it can sell 375 of them. However, if the new spa is added, Class A sales are expected to decline to 255 units while Class C sales are expected to decline to 240. The sales of the deluxe model will not be affected. Class A spas sell for an average of $13,500 each. Class C spas are priced at $7,200 and the deluxe model sells for $19,000 each. The new mid-range spa will sell for $11,000. What is the value of erosion?

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Bundle: College Accounting, Chapters 1-15, Loose-Leaf Version, 22nd + LMS Integrated for CengageNOWv2, 1 term Printed Access Card

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