QUESTION IMAGE
Question
note: please make sure to properly format your answers. all dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). all percentage values in the answers need to include a percentage sign (%). for all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.06).
the following spreadsheet can be used to compute total weekly pay, given the hours, hourly rate, and overtime rate.
a. write the formula to compute the regular gross pay in cell d2.
b. write the formula to compute the overtime hours in cell e2.
c. write the formula to compute the time - and - a - half overtime hourly rate in cell f2.
d. write the formula to find the total overtime pay in cell g2.
e. write the formula to compute the total weekly pay in cell h2.
Step1: Regular Gross Pay
Regular gross pay is calculated as regular hours multiplied by hourly rate. So for cell D2, the formula is \(=\text{B2}*\text{C2}\).
Step2: Overtime Hours
Overtime hours are hours worked minus regular hours. So for cell E2, the formula is \(=\text{A2}-\text{B2}\).
Step3: Time - and - a - half Overtime Rate
Time - and - a - half overtime rate is 1.5 times the hourly rate. So for cell F2, the formula is \(=1.5*\text{C2}\).
Step4: Total Overtime Pay
Total overtime pay is overtime hours multiplied by time - and - a - half overtime rate. So for cell G2, the formula is \(=\text{E2}*\text{F2}\).
Step5: Total Weekly Pay
Total weekly pay is regular gross pay plus total overtime pay. So for cell H2, the formula is \(=\text{D2}+\text{G2}\).
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
a. \(=\text{B2}*\text{C2}\)
b. \(=\text{A2}-\text{B2}\)
c. \(=1.5*\text{C2}\)
d. \(=\text{E2}*\text{F2}\)
e. \(=\text{D2}+\text{G2}\)