Mike Fritz receives a regular salary of $3,250 a month and is paid 1 times the regular

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Mike Fritz receives a regular salary of $3,250 a month and is paid 1½ times the regular hourly rate for hours worked in excess of 40 per week.

(a) Calculate Fritz’s overtime rate of pay. (Compute to the nearest half cent.)

(b) Calculate Fritz’s total gross weekly pay if he works 46 hours during the week.

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 20, 2011 10:24 AM

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Mike Fritz receives a regular salary of $3,250 a month and is paid 1 times the regular

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