Determine the gross pay for each employee listed below. When necessary, round intermediate calculations and the final answer to the nearest cent.Clay Jones is paid time-and-a-half for all hours over 40. He worked 45 hours during the week. His regular pay rate is $25 per hour.$Mary James worked 48 hours during the week. She is entitled to time-and-a-half for all hours in excess of 40 per week. Her regular pay rate is $20 per hour.$Lori Terry is paid a commission of 10 percent of her sales, which amounted to $23,650.$Nicole Smith's yearly salary is $95,500. During the week, she worked 46 hours, and she is entitled to time-and-a-half for all hours over 40.$

Gross pay is the total cost that a company has to incur on the employee. Gross is different from the…

Answered: Determine the gross pay for each…

College Accounting (Book Only): A Career Approach

12th Edition

ISBN:9781305084087

Author:Cathy J. Scott

Publisher:Cathy J. Scott

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 1E

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Determine the gross pay for each employee listed below. When necessary, round intermediate calculations and the final answer to the nearest cent.

Clay Jones is paid time-and-a-half for all hours over 40. He worked 45 hours during the week. His regular pay rate is $25 per hour.

$
Mary James worked 48 hours during the week. She is entitled to time-and-a-half for all hours in excess of 40 per week. Her regular pay rate is $20 per hour.

$
Lori Terry is paid a commission of 10 percent of her sales, which amounted to $23,650.

$
Nicole Smith's yearly salary is $95,500. During the week, she worked 46 hours, and she is entitled to time-and-a-half for all hours over 40.

$

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