Question

Paul Curcio earns $7.65 per hour for regular time up to 40 hours, time-and-a-half for overtime,...

Paul Curcio earns $7.65 per hour for regular time up to 40 hours, time-and-a-half for overtime, and double time for working on holidays. Find his gross pay (in $) if he worked 6 holiday hours for a total of 58 hours Monday through Saturday.

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Here in the given question, a bit of assumption need to be made regarding the total hours worked for ,58 hours, it is assumed that this 58 hours is excluding of the holidays 6 hours.so the answer will be as follows:

Regular pay = $ 7.65 per hour. Overtime pay = 1.5 × Regular pay i.e $ 7.65 × 1.5 = $ 11.475.

And Holiday pay = 2 × regular pay = 2 × $ 7.65 = $ 15.30.

Here, Regular pay hours = 40 hours , Overtime pay hours = 18 hours (58-40) and Holiday hours = 6

Pay amount = Hours worked × Rate per hour.

Thus,

Gross pay = Regular Pay+ Overtime pay + Holiday Pay.

Gross pay = (40 × $7.65)+ (18 × $ 11.475)+(6 × $15.30)

Gross pay = $ 306 + $ 206.55 + $ 91.80

Gross Pay = $ 604.35

Gross pay = 604 ,( rounded off).

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Frank's base pay rate is $15.50 per hour, with overtime pay of time-and-a-half, and double-time for...
Frank's base pay rate is $15.50 per hour, with overtime pay of time-and-a-half, and double-time for holidays. Calculate her gross pay if she worked 6.5 holiday hours in addition to 38.5 hours Monday through Saturday. $643.75 $359.50 $823.50 $798.25
1. Sam receives a regular wage of $15 per hour for a 40 hour week. he...
1. Sam receives a regular wage of $15 per hour for a 40 hour week. he receives one and one-half his regular hourly rate for hours over 40 per week and twice his normal rate for Sundays and holidays. Last week Sam worked 62 hours including 8 hours on a holiday. Calculate Sam's gross pay. 2. Calculate Sam's social security and Medicare tax. 3. Assume Sam's federal income tax is $155, union dues are $7 and life insurance is $15.60....
Jack Kenston works a 40-hour week with overtime paid at 1.5 times his regular rate of...
Jack Kenston works a 40-hour week with overtime paid at 1.5 times his regular rate of pay of $14.88. This week he worked 42 hours, which resulted in a gross pay of __________. Harry is paid a semimonthly salary of $1,900.00. Overtime is paid for hours beyond 40 in each workweek. One week, Harry works 5.5 hours overtime. Harry’s pay for this semimonthly pay period is _____. Samual receives an annual $29,700 base salary for working the territory in Arizona....
1) . Joe Wilkes earns $4,000 per month. He worked 22 hours of overtime this month....
1) . Joe Wilkes earns $4,000 per month. He worked 22 hours of overtime this month. Joe's gross salary for the month is a) . $6,031.25 b) . $4,230.37 c) . $4,761.64 d) . $7,115.15 2) . When an employee is in a profession that is customarily tipped a) . must deduct all tips from the gross salary. b) the employer may take a $5.12 credit towards the minimum wage under federal law. c) the employer may deduct all tips...
Alan is an hourly worker who earns $10.50 per hour and is paid overtime for any...
Alan is an hourly worker who earns $10.50 per hour and is paid overtime for any time over 40 hours per week. During a weekly period, he worked the following hours: Day In Out In Out Monday 7:53 12:04 13:15 17:25 Tuesday 7:42 11:30 12:35 16:45 Wednesday 7:48 12:35 13:28 17:25 Thursday 8:08 12:22 13:45 17:37 Friday 7:35 12:13 13:15 16:42 What is his gross pay for the week using both quarter-hour and hundredth hour methods? $420.00;$429.67 $420.00;$439.69 $420.00;434.69 $435.75;$439.43
Rico’s employer pays time-and-a-half for all hours worked in excess of 8 hours per day and...
Rico’s employer pays time-and-a-half for all hours worked in excess of 8 hours per day and double time for all hours worked on Sundays. Rico’s regular hourly rate is $9 per hour. During the week, Rico worked the following hours: Monday, 8; Tuesday, 8; Wednesday, 9; Thursday, 10; Friday, 8; Sunday, 6. Total gross wages are A $661.50. B $481.50. C $508.50. D $540.00.
Sheila Williams, a medical secretary, earns $2,600 monthly for a 36-hour week. For overtime work, she...
Sheila Williams, a medical secretary, earns $2,600 monthly for a 36-hour week. For overtime work, she receives extra pay at the regular hourly rate up to 40 hours and time and one-half beyond 40 hours in any week. During one semimonthly pay period, Williams worked 10 hours overtime. Only 2 hours of this overtime were beyond 40 hours in any one week. Compute the following amounts. Round all divisions to two decimal places and use the rounded amounts in subsequent...
Example 2-19 Matt Leonard earns $739.20 a week with fluctuating workweek hours. If he worked 48...
Example 2-19 Matt Leonard earns $739.20 a week with fluctuating workweek hours. If he worked 48 hours in one week, his gross pay would be calculated as follows: $739.20 ÷ 48 hours = $15.40 regular rate $15.40 × 0.5 = $7.70 extra half pay rate 8 hours O.T. × $7.70 = $61.60 extra pay $739.20 + $61.60 = $800.80 weekly gross pay Example 2-21 The agreement between John Kalas and his employer provides for a pay rate of $14 per...
Hourly workers are paid at their regular pay rate for their first 40 hours worked each...
Hourly workers are paid at their regular pay rate for their first 40 hours worked each week. Any hours beyond that are considered overtime, and they get paid "time-and-a-half" for those hours (1-1/2 times their regular pay rate). For example, if a worker normally makes $12.00 per hour and has worked 45 hours in the past week, the pay is computed as follows: 40 times $12 for the "regular" hours is $480. The extra 5 hours is overtime and is...
Adam Amos, SS# 123-45-6789, is a Grade 2 Machinist who earns $18 per hour. On Monday,...
Adam Amos, SS# 123-45-6789, is a Grade 2 Machinist who earns $18 per hour. On Monday, June 10 through Wednesday, June 12, he worked four hours per day on each of Jobs AX20 and AX25. On Thursday, he worked six hours on Job AX25 and two hours on maintenance, while on Friday he worked four hours on AX25 and four hours on maintenance. His supervisor is Emma Nyaondo, who signs off on all labor time records on Saturday of the...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT