(Answered) Question preparing payroll time cardsemployee time cards

Accounting

Question: Preparing payroll time cards

Employee time cards are given in the Working Papers.

Instructions: 1. Calculate the regular, overtime, and total hours worked by each employee. Any hours over the regular 8-hour day are considered overtime. Record the hours on the time cards.

2. Determine the regular, overtime, and total earnings for each employee. The overtime rate is 11 ⁄2 times the regular rate. Complete the time cards.

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