Question: 3. If the third decimal place is less than 5 , simply drop the third decimal place. Examples. Monthly rate 51,827 Weekly rate ($1,82712)/52=$421.615 rounded

3. If the third decimal place is less than 5 , simply drop the third decimal place. Examples. Monthly rate 51,827 Weekly rate ($1,82712)/52=$421.615 rounded to $421.62 Hourly rate $421.62/40=$10,540 rounded to $10.54 0.7 rate $10.541.5=$15.81 Aso, use the minimum hourly wage of $7.25 in solving these problems and all that follow. Example 2-12 - samar Hozelton earns $412 a week for a workweek consisting of 40 hours. If Hazelton worked 43 hours in a particular week, compute grods pay as follows: $412.00+40hours$10.30hourlywagerate1.5Crosspay=$412.00+(3hours$15.45)=$10.30bourlywagerate=$15.45overtimewagerate=$458.35

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

This is a payroll problem. Could you please explain A,B 3. If the third decimal place is less than 5, simply drop the third decimal place. Examples: Monthly rate $1,827 Weekly rate ($1,827 x 12)/52...

3. If the third decimal place is less than 5, simply drop the third decimal place. Examples: Monthly rate $1,827 Weekly rate ($1,827 x 12)/52 $421615 rounded to $421.62 Hourly rate $421.62/40 $10.540...

eBook Show Me How Print Item In the third acemiar prace is 3 or more, round to the next higher cent. 3. If the third decimal place is less than 5, simply drop the third decimal place. Examples:...

If the third decimal place is less than 5, simply drop the third decimal place. Examples: Monthly rate $1,827 Weekly rate ($1,827 12)/52 = $421.615 rounded to $421.62 Hourly rate $421.62/40 =...

l more, round to the next higher cent. 3. the third decimal place is less than s, simply drop the third decimal place. Examples: Monthly rate $1,827 Weekly rate ($1,827 x 12)/52 $421.615 rounded to...

Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, calculate hourly rates and overtime rates as follows: 1. Carry the hourly rate and the overtime...

Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use the following rates, ceiling, and maximum taxes. Employee and Employer OASDI: 6.20% $118,500...

Problem 3-5A (Algorithmic) Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use the following rates, ceiling, and maximum taxes. Employee and...

1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to...

Consider an economy with representative consumer that has preferences over consumption c and labor I given by the utility function: u(c, 1) = -1,7 0,7

Oleksiy Sharapka ordered merchandise online using stolen credit cards. He had the items sent to outlets of Mail Boxes, Etc., and then arranged for someone to deliver the items to his house. He...

What effects do you believe algorithmic trading and AI-powered market analysis have on foreign currency liquidity and price efficiency

Hypothesis Testing of a Single Mean LCTCS Tuition: Louisiana Community And Technical College System consist of 2 community colleges across the state. I think RPCC's tuition and fees is lower than the...

Describe the five elements of the listening process.

Identify different types of nonverbal messages and discuss their impact on the communication process.

Describe seven sources of information about job opportunities and job requirements.