In: Accounting
You are preparing the weekly payroll for the week ending March 10th. There are four employees and their timecards along with a summary of deductions/benefits are listed below. Overtime is calculated based on Ontario Labour standards. Shift premium is $.97 per hour for afternoons and $1.57 per hour for midnights.
Using the timecards below, calculate the number of hours paid at the regular time, overtime and shift premium hours. Once you have that information calculate their gross earnings for the period. Please show me all your work for full marks.
Mark Meninger Hourly pay $15.75 per hour
Shift |
Sun |
Mon |
Tues |
Wed |
Thurs |
Fri |
Sat |
Days |
8 |
8.5 |
|||||
Afternoon |
6 |
7 |
|||||
Midnights |
10 |
8 |
Kayla Klaussen Hourly pay $18.25 per hour
Shift |
Sun |
Mon |
Tues |
Wed |
Thurs |
Fri |
Sat |
Days |
9 |
8 |
|||||
Afternoon |
6 |
5 |
|||||
Midnights |
10 |
10 |
Doug Dryden Hourly pay $16.50 per hour
Shift |
Sun |
Mon |
Tues |
Wed |
Thurs |
Fri |
Sat |
Days |
8 |
9 |
|||||
Afternoon |
7 |
5 |
|||||
Midnights |
9 |
10 |
Taylor Tuffin Hourly pay $16.25 per hour
Shift |
Sun |
Mon |
Tues |
Wed |
Thurs |
Fri |
Sat |
Days |
6.5 |
7.5 |
|||||
Afternoon |
8.5 |
9.5 |
|||||
Midnights |
10 |
10 |
Mark Meninger Hourly pay $15.75 per hour |
||||||||||||
Shift |
Hourly Pay rate (per hour) |
Sun |
Mon |
Tues |
Wed |
Thurs |
Fri |
Sat |
Total |
Overtime |
Net Hours |
Pay |
Days |
$15.75 |
8 |
8.5 |
16.5 |
3.5 |
13 |
$204.75 |
|||||
Afternoon |
$16.72 |
6 |
7 |
13 |
0 |
13 |
$217.36 |
|||||
Midnights |
$17.32 |
10 |
8 |
18 |
0 |
18 |
$311.76 |
|||||
Total Hours Worked/ Total Pay |
47.5 |
|||||||||||
Overtime hours in excess of 44 hours as per Ontario Labour standards |
3.5 |
|||||||||||
Overtime Pay = Overtime rate (1.5 of normal rate i.e. $ 23.625) x ovetime hours |
$ 82.69 |
$ 82.69 |
||||||||||
Gross Earning for the period |
$816.56 |
|||||||||||
Kayla Klaussen Hourly pay $18.25 per hour |
||||||||||||
Shift |
Hourly Pay rate (per hour) |
Sun |
Mon |
Tues |
Wed |
Thurs |
Fri |
Sat |
Total |
Overtime |
Net Hours |
Pay |
Days |
$ 18.25 |
9 |
8 |
17 |
4 |
13 |
$237.25 |
|||||
Afternoon |
$ 19.22 |
6 |
5 |
11 |
0 |
11 |
$211.42 |
|||||
Midnights |
$ 19.82 |
10 |
10 |
20 |
0 |
20 |
$396.40 |
|||||
Total Hours Worked/ Total Pay |
48 |
|||||||||||
Overtime hours in excess of 44 hours as per Ontario Labour standards |
4 |
|||||||||||
Overtime Pay = Overtime rate (1.5 of normal rate i.e. $ 23.625) x ovetime hours |
$ 94.50 |
$ 94.50 |
||||||||||
Gross Earning for the period |
$939.57 |
|||||||||||
Doug Dryden Hourly pay $16.50 per hour |
||||||||||||
Shift |
Hourly Pay rate (per hour) |
Sun |
Mon |
Tues |
Wed |
Thurs |
Fri |
Sat |
Total |
Overtime |
Net Hours |
Pay |
Days |
$ 16.50 |
8 |
9 |
17 |
4 |
13 |
$214.50 |
|||||
Afternoon |
$ 17.47 |
7 |
5 |
12 |
0 |
12 |
$209.64 |
|||||
Midnights |
$ 18.07 |
9 |
10 |
19 |
0 |
19 |
$343.33 |
|||||
Total Hours Worked/ Total Pay |
48 |
|||||||||||
Overtime hours in excess of 44 hours as per Ontario Labour standards |
4 |
|||||||||||
Overtime Pay = Overtime rate (1.5 of normal rate i.e. $ 23.625) x ovetime hours |
$ 94.50 |
$ 94.50 |
||||||||||
Gross Earning for the period |
$861.97 |
|||||||||||
Taylor Tuffin Hourly pay $16.25 per hour |
||||||||||||
Shift |
Hourly Pay rate (per hour) |
Sun |
Mon |
Tues |
Wed |
Thurs |
Fri |
Sat |
Total |
Overtime |
Net Hours |
Pay |
Days |
16.25 |
6.5 |
7.5 |
14 |
8 |
6 |
$97.50 |
|||||
Afternoon |
17.22 |
8.5 |
9.5 |
18 |
0 |
18 |
$309.96 |
|||||
Midnights |
17.82 |
10 |
10 |
20 |
0 |
20 |
$356.40 |
|||||
Total Hours Worked/ Total Pay |
52 |
|||||||||||
Overtime hours in excess of 44 hours as per Ontario Labour standards |
8 |
|||||||||||
Overtime Pay = Overtime rate (1.5 of normal rate i.e. $ 23.625) x ovetime hours |
$ 189.00 |
$ 189.00 |
||||||||||
Gross Earning for the period |
$952.86 |