Question

Drake Kennedy's regular-time pay rate is $12.73 an hour. Last week he was paid for 37.5 hours at his

regular rate and for 5 hours at a time-and-a-half overtime rate. Find Drake's gross pay for week?

Answer 1

Answer:First, determine the total number of hours worked by multiplying the hours per week by the number of weeks in a year (52). Next, divide this number from the annual salary.if an employee has a salary of $50,000 and works 40 hours per week, the hourly rate is $50,000/2,080 (40 x 52) = $24.04.

Explanation:

Divide the gross pay by the wage hours worked. For example, if your records show that the employee was paid $4,000 for the total month, divide 4,000 by 172 to reach $23.26. This is an accurate representation of an hourly rate for that employee's monthly work.