Calculating Gross Pay based on Wage with Overtime Step 1Determine regular hours Should be 40 unless otherwise Step 2: overtime Hours workedovertime Step 3: Calculate pay Regular hours 40 Step 4Calculate overtime Overtime hours Overtime hours 1.5 = pay Step 5: Add regular pay to Overtime payRegular pays Tyler work 53 hours last week. His regular pay rate is 515 / h * our What is his gross pay? Step 1: 40 hours Step 2: 53.4 = 13hours Step 3: 40*515=\$600 Step 4: 13 * 515 * 1.5 = 5292.5 Step 5: 5600+\$292.50=\$892.50 im not sure if I'm right on the first problem the writing above is a example 40X12=$480Calculating Gross Pay based on Wage with OvertimeStep 1: Determine regular hoursShould be 40 unless otherwise statedStep 2: Calculate overtime hoursHours worked -40 = overtime hoursStep 3: Calculate regular payRegular hours X regular pay rate = reguiar pay40Step 4: Calculate overtime payOvertime hours X Overtime hours x 1.5 = Overtime payStep 5: Add regular pay to overtime payOvertime pay+ Regular pay Total payTyler work 53 hours last week. His regular pay rate is $15/hour. What is his gross pay?Step 1: 40 hoursStep 2: 53-40 = 13 hoursStep 3: 40X$15= $600Step 4: 13x$15X1.5=$292.50Step 5: $600+$292.50-$892.50 40X12=$480Calculating Gross Pay based on Wage with OvertimeStep 1: Determine regular hoursShould be 40 unless otherwise statedStep 2: Calculate overtime hoursHours worked -40 = overtime hoursStep 3: Calculate regular payRegular hours X regular pay rate = reguiar pay40Step 4: Calculate overtime payOvertime hours X Overtime hours x 1.5 = Overtime payStep 5: Add regular pay to overtime payOvertime pay+ Regular pay Total payTyler work 53 hours last week. His regular pay rate is $15/hour. What is his gross pay?Step 1: 40 hoursStep 2: 53-40 = 13 hoursStep 3: 40X$15= $600Step 4: 13x$15X1.5=$292.50Step 5: $600+$292.50-$892.50

The gross pay of an employee is the sum of regular pay and overtime pay. The rate for overtime pay…

Hours worked: 52 Pay Rate :$23 Step 1: Determine regular hours Step2: Calculate overtime hours Step3: Calculate regular pay Step 4: Calculate overtime pay Step 5: Calculate total pay Hours worked: 42 Pay Rate :$17 Step 1: Determine regular hours Step2: Calculate overtime hours Step3: Calculate regular pay Step 4: Calculate overtime pay Step 5: Calculate total pay Must show your work in this box 52-40= 12 hours 40 x 23=920 12 x 23 x 18 = 414 920+414=11334 920 ? Must show your work in this box

Hours worked: 52 Pay Rate :$23 Step 1: Determine regular hours Step2: Calculate overtime hours Step3: Calculate regular pay Step 4: Calculate overtime pay Step 5: Calculate total pay Hours worked: 42 Pay Rate :$17 Step 1: Determine regular hours Step2: Calculate overtime hours Step3: Calculate regular pay Step 4: Calculate overtime pay Step 5: Calculate total pay Must show your work in this box 52-40= 12 hours 40 x 23=920 12 x 23 x 18 = 414 920+414=11334 920 ? Must show your work in this box

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter8: Payroll Accounting: Employee Earnings And Deductions

Section: Chapter Questions

Problem 2SEB

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Assuming an average work week to be 40 hours, complete the following table to determine the final gross pay (assume overtime is paid at the rate of time and a half): Total Regular Regular Hours Overtime Regular Рay Overtime Hours OT Rate Gross Pay Rate Hours рay 46 $13.40 $20.10 40 $536.00 $120.60 $656.60 Sample worked 13.40x 1.5%= $reg pay x 1.5 13.40 x 40 $656.60 40 6. $536.00 616.40 20.1x6 $120.60 out $20.10 (if no OT pd) 54 $21.00 47.25 $14.25 Other Pay Considerations
COMPUTING OVERTI ME RATE OF PAY AND GROSS WEEKLY PAY Rebecca Huang receives a regular salary of 2,600 a month and is paid 1 times the regular hourly rate for hours worked in excess of 40 per week. (a) Calculate Huangs overtime rate of pay. (b) Calculate Huangs total gross weekly pay if she works 45 hours during the week.
ate X ed $354.40 40 = $8.86 Hence Mr. Riley's basic rate is $8.86 per hour. (b) Mr. Riley's overtime rate at time-and-a-half he = 1,5 × The basic rate e X ed = 1.5 X $8.86 = $13.29 The overtime wage The overtime rate the overtime worked 8159.48 $13.29 = 12 hours Hence Mr. Riley worked 12 hours overtime. 57.50) = Exercise 5c = (1.A secretary works a 35-hour week for which she is paid $262.50. She works 6 hours over- time on Saturday which is paid for at time-and- a-half, and 4 hours overtime on Sunday which is paid for at double-time. Calculate her gross wage for the week. 2. In an engineering firm all employees work a basic week of 40 hours. Any overtime worked from Monday to Friday is paid for at time-and- a-quarter. Overtime worked on Saturday is paid for at time-and-a-half, whilst on Sunday it is paid for at double-time. If the basic rate is rage of a man rom Monday turday and 390.00 rked 9 hours ela 6 hoursS
vertime Pay = Overtime Rate x Overtime Hours Worked otal Pay = Straight-Time Pay + Overtime Pay . Kelsey Newberg is a robotics technician. She earns $21.50 per hour for 40 hours and time and a half for overtime over 40 hours. If she worked 6 hours overtime, what is her total pay? E. Naveen Borah is a maintenance worker. He earns $12.80 per hour for 40 hours and time and a half for overtime. He worked 48 hours last week. What is his pay for the week? . Kim Sperazo is a sign-language interpreter. She earns $19.65 per hour and time and a half for overtime. Last week she worked her regular 40 hours plus 7 hours of overtime. What was her total pay for the week? . As a children's librarian, Jodi Hassam earns $15.35 an hour plus tim her regular 40 hours plus 16 hours on the weekend. What was her total pay for the week? nd a for weekend work. Last week she worked . Heather Allen works for the public works department as an electrical inspector. She earns $17.60 per hour for a 36-hour week. Her…
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If you Know : Actual time ( 3:4 ) Standard time ( 10) hour. Saved time ( ? ) hour Rate per hour ( 5250 )D. R. : Calculate total wages by using ( Halsy method ).
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Hours Worked Hourly pay rate Gross pay (must show your work) 40 $15
Computing Overtime 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. X overtime pay per hour b. Calculate Huang's total gross weekly pay if she works 45 hours during the week.
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IF you know : 1- Standard time 11 hour . 2- Actual time 9.5 hour . 3- Rate per hour ( 7500 )D. 4- Saved time ? . R. : Calculate total wages by using ( Rowan method ).