1: Neil Mitchell earns $11/hour. During the most recent week, he receives a discretionary bonus of $7,200 and works 43 hours. Gross Pay: $ 7,689.50 2: Francine Palmer earns $7.90/hour. During the most recent week, she receives a nondiscretionary bonus of $2,450 and works 45 hours. Gross Pay: $ 2,825.25 X 3: Martin Green earns $11.10/hour. During the most recent week, he receives a nondiscretionary bonus of $1,360 and works 51 hours. Gross Pay: $ 1,987.15 X 4: Melvin Waxman earns $17.60/hour. During the most recent week, he receives a nondiscretionary bonus of $440 and works 56 hours. Gross Pay: $ 1,566.40 X
1: Neil Mitchell earns $11/hour. During the most recent week, he receives a discretionary bonus of $7,200 and works 43 hours. Gross Pay: $ 7,689.50 2: Francine Palmer earns $7.90/hour. During the most recent week, she receives a nondiscretionary bonus of $2,450 and works 45 hours. Gross Pay: $ 2,825.25 X 3: Martin Green earns $11.10/hour. During the most recent week, he receives a nondiscretionary bonus of $1,360 and works 51 hours. Gross Pay: $ 1,987.15 X 4: Melvin Waxman earns $17.60/hour. During the most recent week, he receives a nondiscretionary bonus of $440 and works 56 hours. Gross Pay: $ 1,566.40 X
College Accounting (Book Only): A Career Approach
12th Edition
ISBN:9781305084087
Author:Cathy J. Scott
Publisher:Cathy J. Scott
Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 1E
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Hw.51
![Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates.
NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.
1: Neil Mitchell earns $11/hour. During the most recent week, he receives a discretionary bonus of $7,200 and works 43 hours.
Gross Pay: $ 7,689.50
2: Francine Palmer earns $7.90/hour. During the most recent week, she receives a nondiscretionary bonus of $2,450 and works 45 hours.
Gross Pay: $ 2,825.25 X
3: Martin Green earns $11.10/hour. During the most recent week, he receives a nondiscretionary bonus of $1,360 and works 51 hours.
Gross Pay: $ 1,987.15 X
4: Melvin Waxman earns $17.60/hour. During the most recent week, he receives a nondiscretionary bonus of $440 and works 56 hours.
Gross Pay: $
1,566.40 X](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc8ccdab9-0704-4b26-86ae-2ce2c5e8acd3%2F2fd4e16d-ce12-464b-af88-ee8ed8c1b2e5%2F1rg2o34_processed.png&w=3840&q=75)
Transcribed Image Text:Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates.
NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.
1: Neil Mitchell earns $11/hour. During the most recent week, he receives a discretionary bonus of $7,200 and works 43 hours.
Gross Pay: $ 7,689.50
2: Francine Palmer earns $7.90/hour. During the most recent week, she receives a nondiscretionary bonus of $2,450 and works 45 hours.
Gross Pay: $ 2,825.25 X
3: Martin Green earns $11.10/hour. During the most recent week, he receives a nondiscretionary bonus of $1,360 and works 51 hours.
Gross Pay: $ 1,987.15 X
4: Melvin Waxman earns $17.60/hour. During the most recent week, he receives a nondiscretionary bonus of $440 and works 56 hours.
Gross Pay: $
1,566.40 X
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