Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5, drop the third decimal place. Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. ​ ​ Refer to Instruction 2-1. Kendra earns $12.30 per hour and has earned a production bonus this week of $37.10. If Kendra worked 44 hours this week, her gross pay is __

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter8: Payroll Accounting: Employee Earnings And Deductions
Section: Chapter Questions
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1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate).
2. If the third decimal place is 5 or more, round to the next higher cent.
3. If the third decimal place is less than 5, drop the third decimal place.



Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow.

Refer to Instruction 2-1. Kendra earns $12.30 per hour and has earned a production bonus this week of

$37.10. If Kendra worked 44 hours this week, her gross pay is __________.

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