Tim is employed at an annual salary of $23 999.04. His regular workweek is 36 hours and
Question:
(a) What is Tim’s gross pay per period?
(b) What is his hourly rate of pay?
(c) What is his gross pay for a period in which he worked 12 hours overtime at time-and-a-half regular pay?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (20 reviews)
a Semimonthly pay 23 99904 24 99996 b Week...View the full answer
Answered By
Abigael martinez
I have been a tutor for over 3 years and have had the opportunity to work with students of all ages and backgrounds. I have a strong belief that all students have the ability to learn and succeed if given the right tools and support. I am patient and adaptable, and I take the time to get to know each student's individual learning style in order to best support their needs. I am confident in my ability to help students improve their grades and reach their academic goals.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
Question Posted:
Students also viewed these Finance questions
-
R. Burton is employed at an annual salary of $31 824 paid Semi-monthly. The regular workweek is 36 hours. (a) What is the regular salary per pay period? (b) What is the hourly rate of pay? (c) What...
-
Winifred Doersam was the borrower on three student loans made to her by First Federal Savings and Loan and guaranteed by the state of Ohio Student Loan Commission (OSLC) totaling $10,000 to finance...
-
Broadbill Corporation, a calendar year C corporation, has two unrelated cash method shareholders: Marcia owns 51% of the stock, and Zack owns the remaining 49%. Each shareholder is employed by the...
-
Mexico discovers huge reserves of oil and starts exporting oil to the United States. Describe how this would affect the following. a. The nominal pesoU.S. dollar exchange rate. b. Mexican exports to...
-
How are pilot tests and split messages used to determine the suitability of a message?
-
Given I E (d c ) = 1.2 mA, = 120 and r o = 40k, sketch the following: a. Common-emitter hybrid equivalent model. b. Common-emitter r e equivalent model. c. Common-base hybrid equivalent model. d....
-
With reference to Exercise 11.16, find a \(90 \%\) confidence interval for \(\alpha\). Data From Exercise 11.16 11.16 Recycling concrete aggregate is an important compo- nent of green engineering....
-
What is the justification for the following deviations from recognizing revenue at the time of sale? (a) Installment sales method of recognizing revenue. (b) Recognition of revenue at completion of...
-
Weaver Corporation had the following stock issued and outstanding at January 1, Year 1: 1. 145,000 shares of $11 par common stock. 2. 4,500 shares of $150 par, 8 percent, noncumulative preferred...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Casey receives an annual salary of $34 944.00, is paid monthly, and works 35 regular hours per week. Overtime is paid at time-and-a-half regular pay. (a) What is Caseys gross remuneration per pay...
-
Artemis is paid a weekly commission of 4% on net sales of $6000, 8% on the next $3000, and 12.5% on all further sales. Her gross sales for a week were $11 160, and sales returns and allowances were...
-
There continue to be studies regarding the link between smoking and lung cancer. In the medical records for a simple random sample of 1000 deceased smokers and 1000 deceased nonsmokers, it was found...
-
1. Suppose the economy starts from the long run equilibrium with output equal to the full- employment output level. Suppose there is a permanent fall in world demand for a country's output (which...
-
If you were to imagine a simple lump of coal about 6 cm in diameter, what volume of carbon dioxide do you think it would produce when burned? Enough to fill a disposable water bottle? To fill a...
-
What is this company's fiscal year-end date? Hint: This should match the"most recent"date on the balance sheet. e read this company's Business Section (this is normally the first section of Part 1 of...
-
The following graph shows the market for euros, which is initially in equilibrium. Suppose an economic expansion in Canada leads to an increase in the incomes of Canadian households, causing imports...
-
Describe these two concepts: The Team Building Concept, and Determining the Need for Team Building from the following article. Article: Fapohunda, T. M. (2013). Towards effective team building in the...
-
What is a product-based marketing strategy?
-
A manufacturer can sell product 1 at a profit of $20 per unit and product 2 at a profit of $40 per unit. Three units of raw material are needed to manufacture one unit of product 1, and six units of...
-
Change each of the following percents into a decimal. 9 3/8%
-
Evaluate each of the following. 6a + 4b + 2(16 2a + b)
-
Hong is paid a semi-monthly salary of $1413.75. Regular hours are 37 1/2 per week and overtime is paid at time-and-a-half regular pay. (a) What is Hongs hourly rate of pay? (b) How many hours...
-
entory LO P1 Compute ending work in process inventory for a manufacturer using the following information. Raw materials purchased Direct materials used Direct labor used Factory overhead Work in...
-
Four departments of a company need to order the following amounts of the same products. (a) Use matrix multiplication to get a matrix showing the comparative costs for each department for the...
-
The trial balance columns of the worksheet for Cullumber Company at June 30, 2027, are as follows. Cullumber Company Worksheet For the Month Ended June 30, 2027 Trial Balance Account Titles Dr. Cr....
Study smarter with the SolutionInn App