COLLEGE ACCOUNTING (LL)W/ACCESS>CUSTOM<
COLLEGE ACCOUNTING (LL)W/ACCESS>CUSTOM<
4th Edition
ISBN: 9781260255157
Author: Haddock
Publisher: MCG CUSTOM
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Chapter 10, Problem 1E
To determine

Calculate the amount of gross earnings for each employee.

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Gross earnings is______________________.         An amount of money paid to an employee at a specified rate per hour worked         A fixed amount of money paid to an employee for each pay period         The total amount of money an employee earns in a pay period; also called gross pay         A record of the time an employee arrives at work, leaves work, and the total number of hours worked each day
calculating gross earnings THe lw pay its employees on a hourly wage. Fing gross earings for each employee.  Hours                              worked hours    wage gross earnings pat          38                          5.96 steve        23                        5.50 mary         32                      6.19
Determine the gross pay and the net pay for each of the three employees for the current pay period. Assume the normal working hours in a week are 40 hours. If required, round your answers to two decimal places.

Chapter 10 Solutions

COLLEGE ACCOUNTING (LL)W/ACCESS>CUSTOM<

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