PayrollExamEssay.docx - Question 17 1 Music World has nine employees The employees are paid weekly with overtime after 40 hours per week The overtime

# PayrollExamEssay.docx - Question 17 1 Music World has nine...

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Question 17 1. Music World has nine employees. The employees are paid weekly, with overtime after 40 hours per week. The overtime rate is 1 1/2 times the regular pay rate. Payroll information for the week ending June 12th is as follows: All earnings should be rounded up to the nearest cent. Employ ee Tota l Hou rs Pay Rate Regular Earnings Overtime Earni ngs Gross Earnings
David 35 \$7.00 \$245.00 \$0 \$245.00 Stan 38 \$7.80 \$296.40 \$0 \$296.40 Ryan 43 \$7.25 \$290.00 \$32.63 \$322.63 Scott 40 \$8.30 \$332.00 \$0 \$332.00 John 39 \$8.30 \$323.70 \$0 \$323.70 Laura 40 \$7.50 \$300.00 \$0 \$300.00 Laverne 42 \$9.75 \$390.00 \$29.25 \$419.25 Janice 36 \$8.75 \$315.00 \$0 \$315.00 Suzanne 44 \$9.25 \$370.00 \$55.50 \$425.50 Question 18 1. Scoot Rentals pays employees an hourly wage or a salary plus commission based on rental revenue. Hourly wage employees can earn overtime. The overtime rate for hours worked over 40 in a week is 1 1/2 times more that the regular hourly rate of pay. Instructions: For each of the following employees, determine the total gross pay for the pay period. John Earns an hourly wage of \$7.20 Worked 45 hours this week
Stan Receives a salary of \$300 per week, plus a 2% commission on rental revenue Had rental revenue of \$760 this week Ryan Earns an hourly wage of \$8.50 Worked 40 hours this week Janice Receives a salary of \$200 per week plus 2% commission Had rental revenue of \$1,235 this week. Employee Total Hours Pay Rate Regular Earnings Overtime Earnings Gross Earnings John 45 \$7.20 \$288 \$54 \$342 Ryan 40 \$8.50 \$340 \$0 \$340 Employee Weekly Wage Commission Rate Rental Revenue Amount of Commission Gross Earni ng Stan \$300 2% of \$760 \$15.20 \$315.2 0 Janice \$200 2% of \$1,235 \$24.70 \$224.7 0 Question 19
1. Sandy Dry Cleaners has four employees. They are paid on a weekly basis, with overtime paid for hours worked over 40 hours in a week. The overtime rate is 1 1/2 times the regular rate of pay. The payroll information is as follows:

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