Question

Raj worked 51 hours last week. He earns $ 12.96 per hour plus overtime, at theusual rate, for hours exceeding 40 hours. What is his gross pay? Round answer totwo decimal places. If answer does not have two decimal places then include zerosso that it does.

Answer 1

Step 1:

In this question, we are given the following:

Raj worked 51 hours last week.

He earns $ 12.96 per hour plus overtime, at the usual rate, for hours exceeding 40 hours.

What is his gross pay? Round answer to two decimal places.

Step 2:

The details of the solution are as follows:

Calculating Overtime for Hourly Employees

Overtime pay is the amount of overtime paid to each employee in a pay period. Overtime pay is calculated: Hourly pay rate x 1.5 x overtime hours worked.

Here is an example of total pay for an employee who worked 51 hours in a workweek:

Regular pay rate x 40 hours = Regular pay, plus

Regular pay rate x 1.5 x ( 51 - 40 = 11 hours) = Overtime pay, equals

Total pay for the week.

A more detailed example:

An employee works 51 hours, a week.

Her normal pay rate is $12. 96 an hour.

So she is paid ( $ 12.96 x 40 = $ 518.40 ) for her 40 hours at $ 12. 96 an hour,

plus ( $ 12.96 x 1. 5 x 11 = $ 213.84 ) for her additional 11 hours of overtime

Her total pay for the week would be:

`518.40\text{ + 213. 84 = 732. 24 dollars}`

CONCLUSION:

Her final pay for the week = $ 732. 24