Complete the table. Assume that time in excess of 40 hours is paid OT premium of 25%. Type your answer on the space provided below. Number of hours worked per day Hourly Regular Overtime Employee Gross pay Rate M T W TH FR рay рay
Q: Calculate his gross pay for the week using the overtime premium approach to calculate the overtime…
A: “Since you have posted a question with many sub-parts, we will solve three sub-parts for you. To get…
Q: Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is…
A: Overtime wage rate = regular wage rates x 1.5 times = $11.45/hour x 1.5 = $17.18/hour
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A: Introduction: Overtime pay: Extra pay for the extra hours worked above the cutoff hours.
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A: Solution: Regular rate = P150 per hour Total hours worked = 49 hours Overtime hours = 49 - 40= 9…
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A: Regular Pay = Total Hour × regular rate Overtime Premium Pay = Overtime hours × Overtime Premium…
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Q: THE HOURLY RATE FOR AN EMPLOYEE WHO EARS $400 PER WEEK FOR A NORMAL 38-HOUR WORKWEEK IS HOW MUCH
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Q: Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is…
A: Formula: Gross pay = Wage amount + Sales commission.
Q: Use the information provided below to calculate Samantha's remuneration for 17 March 2022.…
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- AlendingcompanyoffersaloanworthPhP24,000withasimpleannualinterestrateof10%foratermof 6 months and to be done in six equal monthly payments. What is the annual percentage rate?Premium in ( Rowan method )? if the standard time (15)hour , Saved ( 6)hour , rate per (7000)$. Actual time ( 9)hour.The fixed rate on an FRA expiring in 30 days on 180-day LIBOR with the 30-day rate being 5percent and the 210-day rate being 6 percent is how much? Show work and discuss result. Who uses FRA’s primarily and why?
- A price tog of 1200 is payable in 60 days. but If payed with 36 day, it will have a 3% discount, Find the rate of in lerest DontUse the following information from an account analysis statement to answer the following questions: • Collected balance = $500,000 • Service charges = $5,000 • Reserve requirement ratio of 10 percent • Days in month = 30 days • Earnings credit rate = 0.60 percent a. Calculate the monthly earnings credit allowance and the net service charges. b. Solve for the collected balances required and interpret the value. c. Suppose that the earnings credit rate is re-negotiated upward to 0.75 percent. Recalculate the earnings credit allowance, net service charge, and collected balance required. * With complete calculationWhatiseachofthefollowinginvestmentsworthtodayassuminganannualdiscountrateof 7%? A£900one-yeartermloanforastart-upcompany(withinterestpayableattheendof one year) and priced at 12 month LIBOR with a margin of 150 basis points where 12 month LIBOR is 3.5%.
- A supplier hands you an invoice for $47,000 with the terms 4/20, net 180. a. ) What is the effective annual cost (expressed as an APR) if you forgo the discount and pay after 180 days?b. )What is the effective annual cost (expressed as an APR) if you pay after 200 days?choose the letter of the correct answer Log Company’s credit sales are P300,000, and the collection period is 90 days. Cost is 70 percent of selling price. Determine Log's average investment in accounts receivable. a. P32,500.00b. P42,500.00c. P52,500.00d. P62,500.00e. P72,500.00PLEASE SHOW ALL WORK For terms of 8/10, n/60 determine the annual rate you, in effect, pay the supplier if you fail to pay the invoice at the end of the discount period. Express the rate with 2 decimal places.
- Determine the interest on the following notes. (Round to the nearest cent.) SHOW COMPUTATIONS. Just writing an answer will earn you a zero. a. $77,520 at 10 percent for 90 days.b. $54,400 at 12 percent for 60 days.c. $61,200 at 9 percent for 30 days.d. $102,000 at 15 percent for 120 days.e. $36,720 at 6 percent for 60 days.You have taken alone of $500000 lone over 12years at 6% intrest rate compounded monthly, which is rembursed with montly payment. What is the principal portion of the 23rd payment. Choose correct alternative from given imageFind the amount of each instalment in the hire purchase agreement summarized in the following table. [ Answer correct to the nearest cent] Selling Price Deposit Rate Years InstalmentPayablea. $600 $150 5% 3 monthlyb. $520 $20 8% 6 weekly