Instruction 2-1 Unless Instructed Otherwise, Compute Hourly Rate and Overtime

question 10

Essay

Instruction 2-1 Unless instructed otherwise, compute hourly rate and overtime rates as follows:  
1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate).
2. If the third decimal place is 5 or more, round to the next higher cent.
3. If the third decimal place is less than 5, drop the third decimal place.
Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow.
Refer to Instruction 2-1 . Kelli England earns $12.30 per hour and has earned a production bonus this week of
$37.10. If England worked 44 hours this week, her gross pay is __________.

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Definitions:

Reading Speed

The rate at which a person can read text, often measured in words per minute (wpm), which can be influenced by the reader's skill, the complexity of the text, and the purpose of reading.

Adult Reading

The practice or ability of reading and comprehending texts commonly undertaken by individuals post-adolescence.

Iconic Memory

A type of visual sensory memory that retains an exact copy of what is seen, lasting only a fraction of a second.

Working Memory

A cognitive entity of limited scope, tasked with the interim preservation of information for processing.