Employee who works fluctuating work schedules

Assignment Help Accounting Basics

Reference no: EM131121506

Colleen Prescott is a salaried employee who works fluctuating work schedules. She is paid a fixed salary of $920 each week, with an agreement with her employer that overtime (over 40 hours) will be paid at an extra half-rate, based on the actual hours worked. This week she worked 42 hours. Compute:

a. The overtime earnings. . . . . . . . . . $

b. The total earnings . . . . . . . . . . . . . $

c. If this was a BELO plan with a pay rate of $21 per hour and a maximum of 45 hours, how much would Prescott be paid for 42 hours?. . . . . . . . . . . . . . . . . . . . . . $

Reference no: EM131121506

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