You wish to calculate the total pay for an employee who receives regular time for...
90.2K
Verified Solution
Link Copied!
Question
Accounting
You wish to calculate the total pay for an employee who receives regular time for 40 hours, time and a half for 4050 hours, and double time for hours over 50. Provide all formulas.
Hourly
Total Hours
Regular
Regular
41 to 50
41 to 50
51 or more
51 or more
Total
Employee
Wage
Worked
Hours
Pay
Hours
Pay
Hours
Pay
Pay
Jenny
$10
35
Rob
$10
40
Alicia
$10
45
Indira
$10
50
Whitney
$10
55
Overtime Pay Multiplier
41 to 50 hours
1.5
51 or more hours
2
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!