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In: Accounting

Problem 24-1: Compute gross pay. Using the information given for Archway Company, compute the employees' gross...

Problem 24-1: Compute gross pay.

Using the information given for Archway Company, compute the employees' gross pay for the payroll week ending July 14 and the year-to-date gross pay as of July 14. Employees receive time-and-a-half for overtime hours (fill in the shaded areas).

Employee Number

Hours Worked

Pay per Hour

Gross Pay

Year-to-Date Gross Pay

Regular

Overtime

As of July 7

As of July 14

1

38

0

$16.80

$23,200.80

2

40

0

22.40

29,269.60

3

40

2

19.20

24,735.60

4

40

3

24.80

33,665.20

5

40

8

21.20

28,826.40

6

40

4

14.80

16,540.60

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