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
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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
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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
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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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