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
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 $664.00 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 $ b. The overtime earnings $ c. The total earnings $ Check My Work
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
