1. Problem 2-21A (Algorithmic)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 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 determine the over-time rate).
   2.	If the third decimal place is 5 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:	Monthly rate $1,827 Weekly rate ($1,827 12)/52 = $421.615 rounded to $421.62 Hourly rate $421.62/40 = $10.540 rounded to $10.54 O.T. rate $10.54 1.5 = $15.81

   Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow.Example 2-22Garrison Heard earns $12.00 per hour and has earned a production bonus this week of $27.60. Since Heard worked 46 hours this week, his gross pay would be:

   46 hours $12.00	=	$552.00 + $27.60 = $579.60
   $579.60 46 hours	=	$12.60 regular rate of pay
   $12.60 0.5 = $6.30 6 hours	=	$37.80
   $579.60 + $37.80	=	$617.40 gross pay

   Jill Connor is employed as a salesperson in the men's department of Fashion Line. In addition to her weekly base salary of $330, Connor is paid a commission of 1% on her total net sales for the week (total gross sales less any customer returns). During the past week, to promote the sale of its fine cashmere sweaters, Fashion Line agreed to pay Connor an additional PM (push money) of 1% of the total net sales of cashmere sweaters. Connor's weekly sales tally is given below.

   Item	Gross Sales	Customer Returns
   Regular sweaters	$408	$40
   Cashmere sweaters	988	77
   Ties	181	0
   Dress shirts	431	37
   Sports shirts	199	21

   Compute Connor's total weekly earnings, showing her (a) weekly base salary, (b) commission, (c) PM, and (d) total weekly earnings. Round your intermediate and final answers to the nearest cent.

   a.	Weekly base salary:				$330
   	Weekly gross sales		$
   	Less customer returns		$
   	Weekly net sales		$
   b.	Commission: $ 1%				$
   	Weekly gross sales of cashmere sweaters		$
   	Less customer returns		$
   	Weekly net sales of cashmere sweaters		$
   c.	Push money (PM): $ 1%				$
   d.	Total weekly earnings				$

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