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Calculating Gross Earnings Job Connect has seven employees, all of whom are paid weekly

Accounting: First Year Course | 1st Edition | ISBN: 9780078688294 | Authors: Glencoe ISBN: 9780078688294 416

Solution for problem 12-10 Chapter 12

Accounting: First Year Course | 1st Edition

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Accounting: First Year Course | 1st Edition | ISBN: 9780078688294 | Authors: Glencoe

Accounting: First Year Course | 1st Edition

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Problem 12-10

Calculating Gross Earnings Job Connect has seven employees, all of whom are paid weekly. For hourly wage employees, overtime is paid at 1 times the regular rate of pay for hours worked over 40 in a week. Barbara Miller, the office manager, is paid a salary of $375.00 per week plus a bonus of 3% of all revenue over $6,000 per week. Lynn Austin, an office assistant, is paid a salary of $250.00 per week plus 5% of all telephone sales made in the office. Charlene Womack, the office secretary, is paid a salary of $230.00 per week. Susan Dilloway and Doris Franco, placement workers, are paid an hourly wage of $8.95. Pam Darrah is also a placement worker but is paid a commission of $35.00 for every job placement that she completes. David Facini, a part-time maintenance worker, is paid $6.75 per hour. For the week ending October 24, the office recorded the following payroll information. Total office sales for the week were $8,420.00. Susan Dilloway worked a total of 38 hours. Doris Franco worked a total of 41 hours. Phone sales for the week were $1,375.00. Pam Darrah made seven job placements. David Facini worked a total of 23 hours. Instructions Using the form provided in your working papers, calculate the gross earnings for the workers at Job Connect for the week ending October 24.

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ECN212DemandandSupply SpringSEMESTER2016 Professor:Dr.WilliamFoster EliteNotetaker:Phoebe(phoebe@studysoup.com) 1. The Law of Demand ○ In Words ■ aka​Ceteris Paribus ■ Negative relationship (↑ Price / Demand ↓) ● The more expensive, the less likely people are going to buy the good or decrease the purchase amount ● The cheaper, the more likely people are going to buy the good or increase the purchase amount ○ Graphically ■ X-axis: Quantity ■ Y-axis: Price ■ Downward slope ○ Numerically ■ The change of quantity / the change of price < 0

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Chapter 12, Problem 12-10 is Solved
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Textbook: Accounting: First Year Course
Edition: 1
Author: Glencoe
ISBN: 9780078688294

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Calculating Gross Earnings Job Connect has seven employees, all of whom are paid weekly