Question

Determine the gross pay for each employee listed below. When necessary, round intermediate calculations and the...

Determine the gross pay for each employee listed below. When necessary, round intermediate calculations and the final answer to the nearest cent.

  1. Clay Jones is paid time-and-a-half for all hours over 40. He worked 47 hours during the week. His regular pay rate is $17.80 per hour.

    $

  2. Mary James worked 43 hours during the week. She is entitled to time-and-a-half for all hours in excess of 40 per week. Her regular pay rate is 27.10 per hour.

    $

  3. Lori Terry is paid a commission of 6 percent of her sales, which amounted to $17,760.00.

    $

  4. Nicole Smith's yearly salary is $70,720.00. During the week, Smith worked 42 hours, and she is entitled to time-and-a-half for all hours over 40.

    $

Homework Answers

Answer #1
Clay Jones
Particulars Hours * Rate = Amount
Straight time 40 17.8 712
Overtime 7 17.8 * 1.5 186.9
Gross pay 47 898.9
Answer - $ 899
Mary James
Particulars Hours * Rate = Amount
Straight time 40 27.1 1084
Overtime 3 27.1 * 1.5 121.95
Gross pay 43 1205.95
Answer - $ 1206
Lori Terry
17760 * 6 % =
$ 1065.6
Nicole Smith
Smith will work total 40 hours * 52 weeks = 2080 hours ( staright time )
Rate per hour = 70720 / 2080 = $ 34
Particulars Hours * Rate = Amount
Straight time 40 34 1360
Overtime 2 34 * 1.5 102
Gross pay 42 1462
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