PSc 2-3 Calculate Weekly Regular Earnings Calculate the weekly regular earnings for each of the following employees: NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. Question 1: Marty Weber earns $8.60/hour and worked 34 hours during the most recent week. Weekly regular earnings = $ Question 2: Jeff Stevens earns an annual salary of $85,000. Weekly regular earnings = $ Question 3: Thomas Dearing earns $20.05/hour and worked 35 hours during the most recent week. Weekly regular earnings = $ Question 4: Melanie Maddox earns an annual salary of $174,200. Weekly regular earnings = $ Questio 5: Lauren Baughman earns $25.70/hour and worked 31 hours during the most recent week. Weekly regular earnings = $

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter8: Current And Contingent Liabilities
Section: Chapter Questions
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PSc 2-3 Calculate Weekly Regular Earnings

Calculate the weekly regular earnings for each of the following employees:

NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

 

Question 1:

Marty Weber earns $8.60/hour and worked 34 hours during the most recent week.

Weekly regular earnings = $

 

Question 2:

Jeff Stevens earns an annual salary of $85,000.

Weekly regular earnings = $

 

Question 3:

Thomas Dearing earns $20.05/hour and worked 35 hours during the most recent week.

Weekly regular earnings = $

 

Question 4:

Melanie Maddox earns an annual salary of $174,200.

Weekly regular earnings = $

 

Questio 5:

Lauren Baughman earns $25.70/hour and worked 31 hours during the most recent week.

Weekly regular earnings = $ 

 
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