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Hours worked: 52 Pay Rate :$23 Step 1: Determine regular hours Step2: Calculate overtime hours Step3: Calculate regular pay Step 4: Calculate overtime pay Step 5: Calculate total pay Hours worked: 42 Pay Rate :$17 Step 1: Determine regular hours Step2: Calculate overtime hours Step3: Calculate regular pay Step 4: Calculate overtime pay Step 5: Calculate total pay Must show your work in this box 52-40= 12 hours 40 x 23=920 12 x 23 x 18 = 414 920+414=11334 920 ? Must show your work in this box

Hours worked: 52 Pay Rate :$23 Step 1: Determine regular hours Step2: Calculate overtime hours Step3: Calculate regular pay Step 4: Calculate overtime pay Step 5: Calculate total pay Hours worked: 42 Pay Rate :$17 Step 1: Determine regular hours Step2: Calculate overtime hours Step3: Calculate regular pay Step 4: Calculate overtime pay Step 5: Calculate total pay Must show your work in this box 52-40= 12 hours 40 x 23=920 12 x 23 x 18 = 414 920+414=11334 920 ? Must show your work in this box

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Calculating Gross Pay based on Wage with Overtime Step 1Determine regular hours Should be 40 unless otherwise Step 2: overtime Hours workedovertime Step 3: Calculate pay Regular hours 40 Step 4Calculate overtime Overtime hours Overtime hours 1.5 = pay Step 5: Add regular pay to Overtime payRegular pays Tyler work 53 hours last week. His regular pay rate is 515 / h * our What is his gross pay? Step 1: 40 hours Step 2: 53.4 = 13hours Step 3: 40*515=\$600 Step 4: 13 * 515 * 1.5 = 5292.5 Step 5: 5600+\$292.50=\$892.50 im not sure if I'm right on the first problem the writing above is a example

40X12=$480 Calculating Gross Pay based on Wage with Overtime Step 1: Determine regular hours Should be 40 unless otherwise stated Step 2: Calculate overtime hours Hours worked -40 = overtime hours Step 3: Calculate regular pay Regular hours X regular pay rate = reguiar pay 40 Step 4: Calculate overtime pay Overtime hours X Overtime hours x 1.5 = Overtime pay Step 5: Add regular pay to overtime pay Overtime pay+ Regular pay Total pay Tyler work 53 hours last week. His regular pay rate is $15/hour. What is his gross pay? Step 1: 40 hours Step 2: 53-40 = 13 hours Step 3: 40X$15= $600 Step 4: 13x$15X1.5=$292.50 Step 5: $600+$292.50-$892.50
Transcribed Image Text:40X12=$480 Calculating Gross Pay based on Wage with Overtime Step 1: Determine regular hours Should be 40 unless otherwise stated Step 2: Calculate overtime hours Hours worked -40 = overtime hours Step 3: Calculate regular pay Regular hours X regular pay rate = reguiar pay 40 Step 4: Calculate overtime pay Overtime hours X Overtime hours x 1.5 = Overtime pay Step 5: Add regular pay to overtime pay Overtime pay+ Regular pay Total pay Tyler work 53 hours last week. His regular pay rate is $15/hour. What is his gross pay? Step 1: 40 hours Step 2: 53-40 = 13 hours Step 3: 40X$15= $600 Step 4: 13x$15X1.5=$292.50 Step 5: $600+$292.50-$892.50
40X12=$480 Calculating Gross Pay based on Wage with Overtime Step 1: Determine regular hours Should be 40 unless otherwise stated Step 2: Calculate overtime hours Hours worked -40 = overtime hours Step 3: Calculate regular pay Regular hours X regular pay rate = reguiar pay 40 Step 4: Calculate overtime pay Overtime hours X Overtime hours x 1.5 = Overtime pay Step 5: Add regular pay to overtime pay Overtime pay+ Regular pay Total pay Tyler work 53 hours last week. His regular pay rate is $15/hour. What is his gross pay? Step 1: 40 hours Step 2: 53-40 = 13 hours Step 3: 40X$15= $600 Step 4: 13x$15X1.5=$292.50 Step 5: $600+$292.50-$892.50
Transcribed Image Text:40X12=$480 Calculating Gross Pay based on Wage with Overtime Step 1: Determine regular hours Should be 40 unless otherwise stated Step 2: Calculate overtime hours Hours worked -40 = overtime hours Step 3: Calculate regular pay Regular hours X regular pay rate = reguiar pay 40 Step 4: Calculate overtime pay Overtime hours X Overtime hours x 1.5 = Overtime pay Step 5: Add regular pay to overtime pay Overtime pay+ Regular pay Total pay Tyler work 53 hours last week. His regular pay rate is $15/hour. What is his gross pay? Step 1: 40 hours Step 2: 53-40 = 13 hours Step 3: 40X$15= $600 Step 4: 13x$15X1.5=$292.50 Step 5: $600+$292.50-$892.50
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