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?

Respuesta :

Answer:

[tex]Straight\ Time\ Pay = \$392.2[/tex]

[tex]Overtime\ Pay = \$42.4[/tex]

[tex]Total = \$434.6[/tex]

Step-by-step explanation:

Given

Hourly Rate = $10.60

Overtime = half hourly rate

Hours worked = 37 hours

Overtime = 8 hours

Calculating the Straight Time Pay

[tex]Straight\ Time\ Pay = Hourly\ Rate * Hours\ Worked[/tex]

[tex]Straight\ Time\ Pay = 37 * \$10.60[/tex]

[tex]Straight\ Time\ Pay = \$392.2[/tex]

Calculating the Overtime Pay

[tex]Overtime\ Pay = Overtime\ Rate * Overtime\ Hours[/tex]

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

[tex]Overtime\ Pay = \frac{\$10.6}{2} * 8[/tex]

[tex]Overtime\ Pay = \$5.3 * 8[/tex]

[tex]Overtime\ Pay = \$42.4[/tex]

Calculating Total Pay

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

[tex]Total = Straight\ Time + Overtime[/tex]

[tex]Total = \$392.2 + \$42.4[/tex]

[tex]Total = \$434.6[/tex]

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