Question: Hello, I do not understand why the answer is 579.60. To get my overtime I multiplied the wage rate of 11.80 with 1.5 and got

Hello, I do not understand why the answer is 579.60. To getHello, I do not understand why the answer is 579.60. To get my overtime I multiplied the wage rate of 11.80 with 1.5 and got $17.70. I multiplied $17.70 by the hours overtime, which was 4 hours and I got $70.80 as the amount made over time. To get the amount earned during regular hours I multiplied 40 hours by the wage rate of $11.80 and got $472. I then added $70.80, $472, and $35.20 to get my answer of $578.

Carry each hourly rate and each overtime rate to 3 decimal places and then round off to 2 decimal places. Ron Morris earns $11.80 per hour and worked 44 hours this week. In addition, he earned a production bonus of $35.20 for the week. His gross pay for the week is $ 578 x. Feedback Check My Work Incorrect Solution Rounding Instruction Carry each hourly rate and each overtime rate to 3 decimal places and then round off to 2 decimal places. Ron Morris earns $11.80 per hour and worked 44 hours this week. In addition, he earned a production bonus of $35.20 for the week. His gross pay for the week is 579.50 579.60

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To calculate Ron Morriss gross pay correctly using the rounding instructions follow these steps Step ... View full answer

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!