Calculating Overtime Pay Worksheet Answers Calculate the gross pay in the table below The first one has been done for you FinanceInTheClassroom KEY Hours Worked hrs 8 80 Regular Pay hrs 13 20 Overtime Pay Gross Pay 52 40 hours 352 00 40 x 8 80 12 158 40 12 x 13 20 510 40 352 158 40 25 25 220 00 25 x 8 80 0 0 220 32 32 281 60 32 x 8 80 0 0 281 60 40 40
Worksheet 33 Calculating Gross Pay with Overtime Name Calculations Answer Total of Hours Worked of Regular Hours of Overtime Hours Hourly Rate for Regular Hours Hourly Rate for Overtime Amount of Overtime Pay Total Gross Pay Author Paual Created Date Chapter 1 2 Overtime Pay Objectives Calculate overtime pay and total pay You get paid 12 50 an hour for a 40 hour work week You get paid time and a half for overtime hours If you earned 612 50 in one week how many hours of overtime did you work K P P I N P I
Calculating Overtime Pay Worksheet Answers
Calculating Overtime Pay Worksheet Answers
https://db-excel.com/wp-content/uploads/2019/09/calculating-overtime-pay-worksheet-768x994.jpg
How To Calculate Overtime Pay Quickly Using Excel Formulas YouTube
https://i.ytimg.com/vi/jGM1NPV4zLE/maxresdefault.jpg
How To Calculate Overtime Earnings From Hourly Pay Rate Formula For
https://i.ytimg.com/vi/RzOYTQm8MKo/maxresdefault.jpg
This employee s total pay due including the overtime premium for the workweek can be calculated as follows 35 hours x 12 10 hours x 15 570 base pay 570 45 total hours 12 67 regular rate of pay 12 67 x 0 5 6 34 overtime premium rate 6 34 x 5 overtime hours 31 70 total overtime premium pay 2 1 Wages and Overtime Worksheet 1 3 2 1 Daisy earned 23 45 per hour and worked for 40 hours 2 Mickey earned 44 50 per hour and worked for 12 hours 3 Donald worked for 4 hours on Monday 5 hours 30 minutes on Wednesday 3 hours 15 minutes on Thursday and 8 hours on Saturday
Worksheet 34 Gross Pay with Overtime 1 One week Manuel worked his regular 40 hours and 5 75 hours of overtime If his regular Calculate her gross pay Regular Pay Overtime Pay Total Gross Pay Sunday Day Hours of Hours Monday 6 am 5 pm Tuesday 5 am 3 pm Wednesday 3 am 10 am Thursday 2 am 9 am Friday 8 am 7 pm Calculating overtime pay Fill in the chart to determine the overtime pay regular pay for 40 hours and total pay Hourly rate Overtime rate Total hours Regular pay Overtime pay Total pay 7 00 42 14 00 41 9 50 48 21 00 50 20 00 45 14 00 42 12 50 50 44 440 00 45 350 00
More picture related to Calculating Overtime Pay Worksheet Answers
Calculating Holiday Pay And Overtime Biznus Payroll
https://www.biznuspayroll.co.uk/wp-content/uploads/2016/04/Calculator.jpg
Overtime Sheet In Word FREE Template Download Template
https://images.template.net/20442/Overtime-Worksheet-3.jpg
Calculating Gross Pay Worksheet Answers Printable Word Searches
https://i2.wp.com/www.patriotsoftware.com/wp-content/uploads/2018/09/gross-vs.-net-pay-part-2-1-768x552.png
Overtime pay incentive allowance 2 ABC company stipulates a 40 hour week and the overtime is paid as 1 50 times the regular pay Calculate weekly pay for John with a wage of 480 for 40 hours To find this number Calculate the product of the overtime monthly hours and the pay multiplier 10 1 5 15 Divide the result by your regular monthly hours 15 160 0 0938 To find your pay multiply the result by your monthly salary The result corresponds to 9 38 of that amount
Calculating Gross Pay Worksheet 2 1 Mike likes to work overtime because he earns time and a half 1 times his normal wage Mike earns 15 50 per hour If Mike earns overtime pay for every hour over 40 per week how much does he earn How long must she work to earn at least 200 Round your answer to the nearest hour 8 Jeff earns a 35 An employee may also earn overtime pay for all hours Hours Worked x Hourly Rate Regular Pay worked over 40 within a pay period The overtime rate Overtime Hours Worked x Overtime Rate Overtime Pay is usually 1 5 times an employee s regular hourly pay In some cases such as on Sundays an employer may Regular Pay Overtime Pay Gross Pay
How To Calculate Overtime Pay In B C Knit People Small Business Blog
https://uploads-ssl.webflow.com/5e1fe0dccb0d98700155f220/5ef146ff7afc048acc144d33_overtime-pay-BC-header-p-1080.jpeg
Calculating Overtime Pay Worksheet
https://i0.wp.com/briefencounters.ca/wp-content/uploads/2018/11/calculating-overtime-pay-worksheet-also-3-ways-to-calculate-your-hourly-rate-wikihow-of-calculating-overtime-pay-worksheet.jpg?fit=2048%2C1536&ssl=1
Calculating Overtime Pay Worksheet Answers - This employee s total pay due including the overtime premium for the workweek can be calculated as follows 35 hours x 12 10 hours x 15 570 base pay 570 45 total hours 12 67 regular rate of pay 12 67 x 0 5 6 34 overtime premium rate 6 34 x 5 overtime hours 31 70 total overtime premium pay