Reference no: EM132636308
Carrie Overwood works fluctuating work schedules. Besides her fixed salary of $1,059 per week, her employment agreement provides for overtime pay at an extra half-rate for hours worked over 40. This week she worked 48 hours. Compute the following amounts.
Round all divisions to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent.
Question a. The overtime earnings $_______
Question b. The total earnings $_______
Question c. If this was a BELO plan with a pay rate of $20.75 per hour and a maximum of 48 hours, how much would Overwood be paid for 42 hours?
1. Divide fixed salary by total hours worked; divide by 2 to get special half rate; multiply half rate by hours over 40 to calculate overtime earnings.
2. Add total of fixed salary and overtime earnings.
3. For a Belo Plan multiply maximum hours by hourly rate. Add this to ½ times the regular rate multiplied by the number of hours over 40 = Belo Pay.
What is scope creep
: What are some key challenges in assessing the scope of a project? What is "scope creep" and how do you ensure that it does not occur on a project.
|
Explain the difference between current and long-term assets
: Explain the difference between current and long-term assets and liabilities. Why do you think it is important for assets and liabilities to be distinguished
|
Global economic and political integrations
: Do global economic and political integrations bring more harm to the Philippines and the Filipinos or not?
|
Compute the total earnings for carrie overwood
: Compute the total earnings for Carrie Overwood. Besides her fixed salary of $1,059 per week, her employment agreement provides
|
How much would overwood be paid
: If this was a BELO plan with a pay rate of $20.75 per hour and a maximum of 48 hours, how much would Overwood be paid for 42 hours?
|
How do the statement cash flow from investing activities
: How can you do the statement cash flow from investing activities? 200 (office supplies), 25,000 (cash), 100 (accounts payable)
|
How understand and perform a financial accounting process
: How Understand and perform a financial accounting process. The corporate management has decided to convert the system into the production operation
|
HI5015 Legal Aspects of International Trade & Enterprise
: HI5015 Legal Aspects of International Trade & Enterprise Assignment Help and Solution, Holmes Institute - Assessment Writing Service
|
How do determine what is the net income
: Y3K, Inc., has sales of $6,612, total assets of $2,053, and a debt-equity ratio of 2. If its return on equity is 10 percent, what is its net income?
|