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After selection of an Employee, the Human Resource Department has decided the following salary breakup:      Basic Pay =     Rs.150 (Per Regular hrs.)  + Rs.200 (Per Week Bonus) NOTE: Employees’ regular working hours per week are 40hrs. If Employee’s working hours Per Week = 65hrs (40 regular hrs.  25 overtime hrs.) Then calculate the following: Calculate the actual regular pay rate per hour. Calculate the overtime rate per hour. Calculate the Total pay for a month.

After selection of an Employee, the Human Resource Department has decided the following salary breakup:      Basic Pay =     Rs.150 (Per Regular hrs.)  + Rs.200 (Per Week Bonus) NOTE: Employees’ regular working hours per week are 40hrs. If Employee’s working hours Per Week = 65hrs (40 regular hrs.  25 overtime hrs.) Then calculate the following: Calculate the actual regular pay rate per hour. Calculate the overtime rate per hour. Calculate the Total pay for a month.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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After selection of an Employee, the Human Resource Department has decided the following salary breakup:

     Basic Pay =     Rs.150 (Per Regular hrs.)  + Rs.200 (Per Week Bonus)

NOTE: Employees’ regular working hours per week are 40hrs.

If Employee’s working hours Per Week = 65hrs (40 regular hrs.  25 overtime hrs.)

Then calculate the following:

  1. Calculate the actual regular pay rate per hour.
  2. Calculate the overtime rate per hour.
  3. Calculate the Total pay for a month.
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