PSc 2-7 Calculate Gross Pay with CommissionsCalculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates.NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.1: Dennis McDonald earns both $8.35/hour and a 13% commission on all sales. During the most recent week, he worked 49 hours and made total sales of $13,700.Gross Pay = $2: Cathy Miller earns both $10.40/hour and $17 for every sale she completes. During the most recent week, she worked 47 hours and made a total of 71 sales.Gross Pay = $3: Lenny Boyer earns both $7.75/hour and a 20% commission on all sales. During the most recent week, he worked 44 hours and made total sales of $7,800.Gross Pay = $4: David White earns both $11.10/hour, $13 for every sale of Product A, and $17 for every sale of Product B. During the most recent week, he worked 53 hours and sold 37units of Product A and 37 units of Product B.Gross Pay = $5: Gary Montgomery earns both $19.10/hour and a 20% commission on all sales. During the most recent week, he worked 46 hours and made total sales of $14,900.Gross Pay = $ PSc 2-10 Calculate Gross Pay for a Tipped EmployeeCalculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates.NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.1: Amy Blackwood receives tips from customers as a standard component of her weekly pay. She is paid $2.25/hour by her employer and receives $175 in tips during themost recent 48-hour workweek.Gross Pay = $2: Jerold Matthews receives tips from customers as a standard component of his weekly pay. He is paid $3.26/hour by his employer and receives $408 in tips during themost recent 48-hour workweek.Gross Pay = $3: Laurel Woods receives tips from customers as a standard component of her weekly pay. She is paid $4.35/hour by her employer and receives $324 in tips during themost recent 35-hour workweek.Gross Pay = $4: Tricia Watkins receives tips from customers as a standard component of her weekly pay. She is paid $3.15/hour by her employer and receives $138 in tips during themost recent 48-hour workweek.Gross Pay = $

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PSc 2-7 Calculate Gross Pay with Commissions Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates. NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. 1: Dennis McDonald earns both $8.35/hour and a 13% commission on all sales. During the most recent week, he worked 49 hours and made total sales of $13,700. Gross Pay = $ 2: Cathy Miller earns both $10.40/hour and $17 for every sale she completes. During the most recent week, she worked 47 hours and made a total of 71 sales. Gross Pay = $ 3: Lenny Boyer earns both $7.75/hour and a 20% commission on all sales. During the most recent week, he worked 44 hours and made total sales of $7,800. Gross Pay = $

PSc 2-7 Calculate Gross Pay with Commissions Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates. NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. 1: Dennis McDonald earns both $8.35/hour and a 13% commission on all sales. During the most recent week, he worked 49 hours and made total sales of $13,700. Gross Pay = $ 2: Cathy Miller earns both $10.40/hour and $17 for every sale she completes. During the most recent week, she worked 47 hours and made a total of 71 sales. Gross Pay = $ 3: Lenny Boyer earns both $7.75/hour and a 20% commission on all sales. During the most recent week, he worked 44 hours and made total sales of $7,800. Gross Pay = $

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 2SEB

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