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#5) Greg worked these hours last week: Monday, 9; Tuesday, 8 %; Wednesday 9.25; Thursday, 11; and Friday 9 3/4.

He works a 40 hour week with time and a half being paid for overtime work. His regular gross pay rate is $22.25 an hour. What was Greg's gross pay for the week?

#5) Greg worked these hours last week: Monday, 9; Tuesday, 8 %; Wednesday 9.25; Thursday-example-1
User ObjSal
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1 Answer

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Answer:

gross pay: $1131.97

Explanation:

Greg's total time for the week is ...

9 +8.25 +9.25 +11 +9.75 = 47.25 . . . . hours

Assuming hours over 40 are overtime hours, this represents ...

47.25 -40 = 7.25 . . . overtime hours

Greg's regular pay is ...

$22.25/h × 40 h = $890 . . . regular pay

Greg's overtime pay is ...

$22.25 × 1.5 × 7.25 = $241.96875 ≈ $241.97 . . . overtime pay

Greg's gross pay is the sum of his regular pay and overtime pay:

gross pay = $890 +241.97 = $1131.97

_____

Alternate solutions

Once we find that Greg's total hours are 47.25, of which 7.25 are overtime hours, we can add half the overtime hours to get 47.25 +(1/2)(7.25) = 50.875. Greg's gross pay will be equivalent to straight-time pay for this number of hours: $22.25 × 50.875 = 1131.96875 ≈ 1131.97.

Yet another way to solve this is to multiply total hours by the overtime pay rate and subtract an amount to make up for the fact that 40 hours are not paid at that rate. If the OT rate is pre-computed, this only takes two mathematical operations: one multiplication and one subtraction.

OT rate = 1.5 × 22.25 = 33.375

gross pay = (47.25 h)×($33.375/h) -445 = $1131.97

User Clint Clinton
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