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continued - calculating gross payRemember, this is money round to the nearest Penny/hundredths place. Take OT rate as 1.5 times the regular pay rate.Take the regular working hours per week as 40 hours.

continued calculating gross payRemember this is money round to the nearest Pennyhundredths place Take OT rate as 15 times the regular pay rateTake the regular w class=

Respuesta :

Given Data:

Total working hours is = 51 hours.

Pay rate=$8.45.

OT rate=1.5 times the regular pay rate.

Regular working hours is 40 hours.

Regular pay can be determined as,

[tex]RP=40\text{ hours}\times8.45\text{ USD=338 USD}[/tex]

Thus, the regular pay is $338.

The OT rate can be determined as,

[tex]\begin{gathered} OT=1.5\times8.45\text{ USD} \\ =12.675\text{ USD} \end{gathered}[/tex]

Thus, the overtime rate is $ 12.68.

The overtime pay can be determined as,

[tex]\begin{gathered} OT\text{ Pay=(51-40) hours}\times12.675\text{ USD} \\ =139.425\text{ USD} \end{gathered}[/tex]

Thus, the overtime pay is $139.43.

The gross pay can be determined as,

[tex]\begin{gathered} GP=RP+OT\text{ Pay} \\ =338\text{ USD+139.425 USD} \\ =447.425\text{ USD} \end{gathered}[/tex]

Thus, the gross pay is $ 447.425.

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