Q.No.8. After selection of an Employee, the Human Resource Department has decided the following salary breakup: Basic Pay = Rs.150 (Per Regular hrs.) + Rs.200 (Per Week Bonus) NOTE: Employees’ regular working hours per week are 40hrs. If Employee’s working hours Per Week = 65hrs (40 regular hrs. 25 overtime hrs.) Then calculate the following: Calculate the actual regular pay rate per hour. Calculate the overtime rate per hour. Calculate the Total pay for a month.

Q.No.8. After selection of an Employee, the Human Resource Department has decided the following salary breakup: Basic Pay = Rs.150 (Per Regular hrs.) + Rs.200 (Per Week Bonus) NOTE: Employees’ regular working hours per week are 40hrs. If Employee’s working hours Per Week = 65hrs (40 regular hrs. 25 overtime hrs.) Then calculate the following: Calculate the actual regular pay rate per hour. Calculate the overtime rate per hour. Calculate the Total pay for a month.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter8: Payroll Accounting: Employee Earnings And Deductions

Section: Chapter Questions

Problem 2SEA: COMPUTING OVERTI ME RATE OF PAY AND GROSS WEEKLY PAY Rebecca Huang receives a regular salary of...

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