In: Accounting
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 |