In: Accounting
What would be the amount of Regular Hours and Overtime based on Alberta and Federal for the following 4 weeks. No averaging system is in place.
May
M T W T F S Su
8 8 8 8 8 4
9 7 8 9 10
10 10 10 10
8 8 8 8 8 8
sollution
Amount of Regular Hours and Overtime based on ALBERTA
Overtime is all hours worked in excess of:
Overtime hours are calculated on both a daily and on a weekly basis. The higher total is the overtime hours worked in the week.
Calculate the daily overtime hours(A) | Calculate the weekly overtime hours(B) | Ans ( Overtime hrs)Higher of A and B | Ans Regular hrs | Total hrs worked | |||
Week 1 | 0 | 0 | 0 | 44 | 44 | ||
Week 2 | 4 | 0 | 4 | 39 | 43 | ||
Week 3 | 8 | 0 | 8 | 32 | 40 | ||
Week 4 | 0 | 4 | 4 | 44 | 48 | ||
The 8/44 rule requires employers to pay the greater of the two overtime hour calculations |
Statement showing Calculation of Daily Overtime hrs | ||||||||
MONDAY | TUESDAY | WEDNESDAY | THURSDAY | FRIDAY | SATURDAY | SUNDAY | Total | |
Week 1 | ||||||||
Hours worked | 8 | 8 | 8 | 8 | 8 | 4 | 0 | 44 |
Regular hrs | 8 | 8 | 8 | 8 | 8 | 4 | 44 | |
Overtime hrs per day | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Week 2 | ||||||||
Hours worked | 9 | 7 | 8 | 9 | 10 | 0 | 0 | 43 |
Regular hrs | 8 | 7 | 8 | 8 | 8 | 0 | 0 | 39 |
Overtime hrs per day | 1 | 0 | 0 | 1 | 2 | 0 | 0 | 4 |
Week 3 | ||||||||
Hours worked | 10 | 10 | 10 | 10 | 0 | 0 | 0 | 40 |
Regular hrs | 8 | 8 | 8 | 8 | 0 | 0 | 0 | 32 |
Overtime hrs per day | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 8 |
Week 4 | ||||||||
Hours worked | 8 | 8 | 8 | 8 | 8 | 8 | 0 | 48 |
Regular hrs | 8 | 8 | 8 | 8 | 8 | 8 | 0 | 48 |
Overtime hrs per day | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amount of Regular Hours and Overtime based on FEDERAL
Overtime is all hours worked in excess of:
Overtime hours are calculated on both a daily and on a weekly basis. The higher total is the overtime hours worked in the week.
Calculate the daily overtime hours(A) | Calculate the weekly overtime hours(B) | Ans ( Overtime hrs)Higher of A and B | Ans Regular hrs | Total hrs worked | ||
Week 1 | 0 | 4 | 4 | 40 | 44 | |
Week 2 | 4 | 3 | 4 | 39 | 43 | |
Week 3 | 8 | 0 | 8 | 32 | 40 | |
Week 4 | 0 | 8 | 8 | 40 | 48 | |
The 8/40 rule requires employers to pay the greater of the two overtime hour calculations |