Question

Steven Kellogg, a machine operator, works at an hourly rate of $10.60 and

earns time and a half if he works any overtime. Given this, last week he
worked 37 hours plus 8 hours overtime. What is his straight-time pay? What
is his overtime pay? What is his total pay?

Answer 1

`Straight\ Time\ Pay = \$392.2`

`Overtime\ Pay = \$42.4`

`Total = \$434.6`

Explanation:

Given

Hourly Rate = $10.60

Overtime = half hourly rate

Hours worked = 37 hours

Overtime = 8 hours

Calculating the Straight Time Pay

`Straight\ Time\ Pay = Hourly\ Rate * Hours\ Worked`

`Straight\ Time\ Pay = 37 * \$10.60`

`Straight\ Time\ Pay = \$392.2`

Calculating the Overtime Pay

`Overtime\ Pay = Overtime\ Rate * Overtime\ Hours`

Since, overtime rate is half of hourly rate; we have

`Overtime\ Pay = (\$10.6)/(2) * 8`

`Overtime\ Pay = \$5.3 * 8`

`Overtime\ Pay = \$42.4`

Calculating Total Pay

This is calculated by adding results in (i) and (ii)

`Total = Straight\ Time + Overtime`

`Total = \$392.2 + \$42.4`

`Total = \$434.6`