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.   Question 1: Amy Blackwood receives tips from customers as a standard component of her weekly pay. She is paid $2.25/hour by her employer and receives $175 in tips during the most recent 48-hour workweek. Gross Pay = $

Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter12: Preparing Payroll Records
Section12.1: Calculating Employee Earnings
Problem 1WT
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PSc 2-10 Calculate Gross Pay for a Tipped Employee

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.

 

Question 1:

Amy Blackwood receives tips from customers as a standard component of her weekly pay. She is paid $2.25/hour by her employer and receives $175 in tips during the most recent 48-hour workweek.

Gross Pay = $

 

Question 2:

Jerold Matthews receives tips from customers as a standard component of his weekly pay. He is paid $3.26/hour by his employer and receives $408 in tips during the most recent 48-hour workweek.

Gross Pay = $

 

Question 3:

Laurel Woods receives tips from customers as a standard component of her weekly pay. She is paid $4.35/hour by her employer and receives $324 in tips during the most recent 35-hour workweek.

Gross Pay = $

 

Question 4:

Tricia Watkins receives tips from customers as a standard component of her weekly pay. She is paid $3.15/hour by her employer and receives $138 in tips during the most recent 48-hour workweek.

Gross Pay = $

 
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