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Accounting

Mark typically works 40 hours/week at $15/hour regular pay and receives four weeks of vacation. This week he worked 50 hours as his employer asked him to work Saturday to take care of the Christmas backlog. Determine the following:

1. The amount of vacation to be accrued.

2. The amount of overtime pay Mark would say he has earned.

3. The amount of pay Mark earned.

4. The amount of overtime pay we will determine Mark earned .

5. The account charged for the overtime we paid Mark.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9431180

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