record and distribute 1 JE: To record the payroll...
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Accounting
record and distribute
1 JE: To record the payroll * (4 Points) From the following data, compute the regular earnings (for regular and overtime hours), overtime premium earnings, and gross earnings of each employee at Highland Flooring, for the week ended May 7, 2018. All employees are paid at the regular hourly rate for the first 40 hours worked during the week. The rate for hours worked in excess of 40 is one and half times the regular rate. The rate for hours worked on Sunday is twice the regular rate. Su Sa Employee J. Sy F. Lim H. ng W. Tao M 8 8 8 8 Hours Worked Tu W Th 8 7 9 8 8 8 8 10 8 8 8 8 F 8 10 8 9 Hourly rate P46.80 37.00 31.60 26.40 4 4
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