Problem Four Luke Rucker is married with two withholdings and an hourly employee at ABC Widgets....
Problem Four
Luke Rucker is married with two withholdings and an hourly employee at ABC Widgets. The company pays its employees on a biweekly basis. Luke earns $20 per hour. For the July 31, 20XX pay, Luke worked 92 hours.
Required:
Assuming a 40-hour week, complete Luke’s payroll register below. Round all answers to two decimal places. Complete the payroll register with the period’s information assuming 40-hour week.
Employee Name
Company
Marital Status
# of Withholdings
Hourly Pay Rate Overtime Pay Rate
# of Reg Hours
# of OT Hrs
Reg Earn
OT Earn Gross Earnings
Homework Answers
Employee Name: Luke Rucker
Company :- ABC Widgets
Marital status: Married
# of withholdings: 2
Hourly Wage Rate - 20$
Overtime Pay rate = 20*150% as per US Federal Law.
= 30$
Regular Earnings = 20 * 80 = 1600$
Overtime Earnings =( 92-80)* 30 = 360$
Gross Earnings b= 1960$
Weekly earning=40hrs*20=800$
Total hrs worked =90
Extra hrs worked =90-40 =50
=50*20
=1000$
Total earnings =800$+ 1000$
=1800$
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Problem Four
Luke Rucker is married with two withholdings and an hourly
employee at ABC Widgets....
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