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raketka [301]
3 years ago
8

Kelsey Gunn is the only employee of Arsenault Company. His pay rate is $23.00 per hour with an overtime rate of 1½ times for hou

rs over 40 in a workweek. For the week ending March 31, 20--, he worked 48 hours. Calculate his gross pay for the week using the overtime premium approach to calculate the overtime pay.
Business
1 answer:
Nikitich [7]3 years ago
5 0

Answer:

His gross pay is $1,196

Explanation:

Pay rate is $23.00 per hour with an overtime rate of 1½ times for overtime, then pay rate for per overtime hour  = $23 * (1+ ½) = $34.5

Kelsey Gunn worked 48 hours, in which 40 hours is in workweek and 8 hours is in overtime

His gross pay = 40 hours * $23.00 per hour + 8 hours  * $34.5 per hour =  40*23 + 8*34.5 = 1,196

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4 years ago
George borrows funds from Hometown Credit Union (HCU) to buy real property. George signs a written instrument that gives HCU an
LUCKY_DIMON [66]

Answer:

a mortgage.

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3 years ago
The following transactions apply to Ozark Sales for Year 1:
attashe74 [19]

Answer:

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7 0
2 years ago
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5 0
3 years ago
Alto Company issued 7% preferred stock with a $100 par value. This means that:
RideAnS [48]

Answer:

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Explanation:

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7 0
3 years ago
Read 2 more answers
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