Question

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.

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).