+ Name Penny Bart Laura Sam Lisa Bart: Penny: 40 regular hours * $15 = $600 2 overtime hours * (15*1.5) = $45 Commission: $8,500 * .03 = $255 Total gross pay = $900.00 Laura: Time Worked Sam: 42 hours 55 hours 1 week 38 hours 50 hours Lisa: Rate of Pay $15.00 $12.50 $55,000 year $14.50 $8.00 Using the table above, calculate the gross earnings for each of the employees. Remember to take overtime hours into consideration. Also, calculate commission where applicable and add it to the gross hourly pay. Show your work! The first one is done for you. Commission % 3% 1% N/A N/A 2% Sales $8,500 $14,300 N/A N/A $22,050

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
Problem 2SEA: COMPUTING OVERTI ME RATE OF PAY AND GROSS WEEKLY PAY Rebecca Huang receives a regular salary of...
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Name
Penny
Bart
Laura
Sam
+Lisa
Bart:
Penny:
40 regular hours * $15 = $600
2 overtime hours * (15*1.5) = $45
Commission: $8,500 * .03 = = $255
Total gross pay =
$900.00
Laura:
Time Worked
Sam:
42 hours
55 hours
1 week
38 hours
50 hours
Lisa:
Rate of Pay
$15.00
$12.50
$55,000 year
$14.50
$8.00
Using the table above, calculate the gross earnings for each of the employees. Remember to take
overtime hours into consideration. Also, calculate commission where applicable and add it to the gross
hourly pay. Show your work! The first one is done for you.
Commission %
3%
1%
N/A
N/A
2%
Sales
$8,500
$14,300
N/A
N/A
$22,050
Transcribed Image Text:Name Penny Bart Laura Sam +Lisa Bart: Penny: 40 regular hours * $15 = $600 2 overtime hours * (15*1.5) = $45 Commission: $8,500 * .03 = = $255 Total gross pay = $900.00 Laura: Time Worked Sam: 42 hours 55 hours 1 week 38 hours 50 hours Lisa: Rate of Pay $15.00 $12.50 $55,000 year $14.50 $8.00 Using the table above, calculate the gross earnings for each of the employees. Remember to take overtime hours into consideration. Also, calculate commission where applicable and add it to the gross hourly pay. Show your work! The first one is done for you. Commission % 3% 1% N/A N/A 2% Sales $8,500 $14,300 N/A N/A $22,050
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