Question

Find the overtime pay. $8.50 per hour for 40 hours and time and a half for 4 hours.

Answer 1

$51

Explanation:

Time and a half basically means for each hour worked overtime, the hourly rate is multiplied by 1.5 and paid.

For example, if normal hourly rate (within 40 hours) is $10, the overtime rate would be:

Overtime Rate = 1.5 * 10 = 15

Now, coming to the question, the hourly rate is 8.50, so the overtime rate would be:

Overtime Hourly Rate = 8.5 * 1.5 = 12.75

Working for 4 hours, overtime would be = 12.75 * 4 = 51

Thus, total overtime pay = $51