Question

Denise Cruz receives a regular salary of $900 a month and is entitled to overtime pay at the rate of one and one-half times the regular hourly rate for any time worked in excess of 40 hours per week. Cruz's overtime rate of pay is

Answer 1

Overtime rate is $8.4375 per hour

Step-by-step explanation:

Given the information:

• regular salary of $900 a month
• over time rate = 1.5 regular rate

As we all know that, overtime pay rate is more than the regular pay rate because that person work more than her/his standard hours

In this situation, the standard hours is 40 hours per week.

=> Total Number of Hours worked in a month

= 40 x 4

= 160 hours

=> Regular rate per hour

= $900 / 160 = $5.625 per hour

=> Overtime rate

= $5.625 x 1.5 = $8.4375 per hour

Hope it will find you well.