Question

Compute the gross earnings for regular, overtime, and holiday pay for each employee for the December 31 pay period. Remember that while an hourly rate is shown for all employees, the period pay for exempt employees should be calculated by taking their yearly salary and dividing it by the number of semimonthly pay periods in a year, which should then be split between the number of hours considered regular time and holiday time. The pay rates for each employee have been given from the prior period. (Round your answers to 2 decimals.) Last Name | Hourly Rate (Rounded to 5 Decimals) | Pay Period Hours 12/16-12/31 | Regular | Overtime | Holiday | Commission ---|---|---|---|---|---|--- Chinson | $ 11.53846 | 96 hours (exempt - 16 hours Holiday) | | | | $ 1,015.00 Wayland | $ 36.05769 | 96 hours (exempt - 16 hours Holiday) | | | | Peppinico | $ 20.91346 | 96 hours (exempt - 16 hours Holiday) | | | | Varden | $ 20.19231 | 98 hours (16 Holiday) | | | $ 323.08 | Hissop | $ 23.79807 | 97 hours (16 Holiday) | | | $ 380.77 | Success | $ 17.30769 | 99 hours (16 Holiday) | | | $ 276.92 |

          Compute the gross earnings for regular, overtime, and holiday pay for each employee for the December 31 pay period. Remember that while an hourly rate is shown for all employees, the period pay for exempt employees should be calculated by taking their yearly salary and dividing it by the number of semimonthly pay periods in a year, which should then be split between the number of hours considered regular time and holiday time. The pay rates for each employee have been given from the prior period. (Round your answers to 2 decimals.)

Last Name | Hourly Rate (Rounded to 5 Decimals) | Pay Period Hours 12/16-12/31 | Regular | Overtime | Holiday | Commission
---|---|---|---|---|---|---
Chinson | $ 11.53846 | 96 hours (exempt - 16 hours Holiday) | | | | $ 1,015.00
Wayland | $ 36.05769 | 96 hours (exempt - 16 hours Holiday) | | | | 
Peppinico | $ 20.91346 | 96 hours (exempt - 16 hours Holiday) | | | | 
Varden | $ 20.19231 | 98 hours (16 Holiday) | | | $ 323.08 |
Hissop | $ 23.79807 | 97 hours (16 Holiday) | | | $ 380.77 |
Success | $ 17.30769 | 99 hours (16 Holiday) | | | $ 276.92 |

Compute the gross earnings for regular, overtime, and holiday pay for each employee for the December 31 pay period. Remember that while an hourly rate is shown for all employees, the period pay for exempt employees should be calculated by taking their yearly salary and dividing it by the number of semimonthly pay periods in a year, which should then be split between the number of hours considered regular time and holiday time. The pay rates for each employee have been given from the prior period. (Round your answers to 2 decimals.)

Last Name | Hourly Rate (Rounded to 5 Decimals) | Pay Period Hours 12/16-12/31 | Regular | Overtime | Holiday | Commission
—|—|—|—|—|—|—
Chinson | 11.53846 | 96 hours (exempt - 16 hours Holiday) | | | | 1,015.00
Wayland | 36.05769 | 96 hours (exempt - 16 hours Holiday) | | | |
Peppinico | 20.91346 | 96 hours (exempt - 16 hours Holiday) | | | |
Varden | 20.19231 | 98 hours (16 Holiday) | | | 323.08 |
Hissop | 23.79807 | 97 hours (16 Holiday) | | | 380.77 |
Success | 17.30769 | 99 hours (16 Holiday) | | | 276.92 |

Added by Melissa G.

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