Question

Jillian Diaz receives a regular salary of $1,500 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. Diaz's overtime pay rate is a.$6.92. b.$1,800. c.$12.98. d.$276.92.

Answer 1

Answer: $14.07

Explanation:

The regular salary of $1,500 is based on a 40-hour week.

The rate per hour assuming 4 weeks is:

= 1,500 / (40 * 4)

= $9.38

Overtime rates are one and one-half times the regular hourly rate:

= 9.38 * 1¹/₂

= $14.07