Question: Example 2-12 John Hazelton earns $412 a week for a workweek consisting of 40 hours. If Hazelton worked 43 hours in a particular week, compute

  1. Example 2-12

    John Hazelton earns $412 a week for a workweek consisting of 40 hours. If Hazelton worked 43 hours in a particular week, compute gross pay as follows:

    $412.00 40 hours = $10.30 hourly wage rate
    $10.30 hourly wage rate 1.5 = $15.45 overtime wage rate
    Gross pay = $412.00 + (3 hours $15.45) = $458.35

    Barbara Ripa receives $760.00 for a regular 40-hour week and time and one-half for overtime. For a workweek of 44 hours, compute the following amounts.

    If required, round your interim computations to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent.

    a. The regular earnings $fill in the blank 1
    b. The overtime earnings $fill in the blank 2
    c. The total earnings $fill in the blank 3

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