Question

Carole is paid a monthly salary of $2011.10. Her regular workweek is 35 hours.

(a) What is Carole's hourly rate of pay?
(b) What is Carole's gross pay for May if she worked 73/4 hours overtime during
the month at time-and-a-half regular pay?

Answer 1

(a) Carole's hourly rate of pay is $57.20 per hour.

(b) Carole's gross pay for May, including her overtime pay, is $3,503.15. This is calculated as follows:

Regular pay = 2011.10 x 35 hours = $70,386.50 Overtime pay = 2011.10 x 1.5 x 7.75 hours = $25,016.65 Total Gross Pay = $70,386.50 + $25,016.65 = $3,503.15