In: Advanced Math
overtime for the employee is double after 40 hours. The following
table shows his working hours.
M T W Th F Sa |
Total Hours |
Regular Hours |
Overtime Hours |
Regular Rate |
Overtime Rate |
10hr 10hr 10hr 10hr 10hr 2 hr |
?? |
?? |
?? |
$ 12.50 |
?? |
Solution: In the above question employee worked 6 days a week from Monday to Saturday.
So, the total number of hours worked from Monday to Saturday= 10+10+10+10+10+2 = 52 hours
It is given in the above question that overtime for the employee is double after 40 hours.
So, the total number of regular hours = 40 hours
Hence, overtime hours=Total number of hours worked by an employee - Total number of regular hours
Overtime hours = 52 - 40 = 12 hours
It is given in the above question that overtime for the employee is doubled after 40 hours.
So, Overtime Rate = 2 Regular rate ( Here Regular Rate given the question = $12.5)
Overtime Rate = 2 12.5 = $25
a. Hence table given below shows all the values asked in the above question:
M | T | W | Th | F | Sa |
Total Hours |
Regular Hours |
Overtime Hours |
Regular Rate |
Overtime Rate |
---|---|---|---|---|---|---|---|---|---|---|
10hr | 10hr | 10hr | 10hr | 10hr | 2hr | 52 hr | 40hr | 12hr | $12.5 | $25 |
The working is shown above.
a. Gross Earning of an employee = Regular Rate Regular Hours + Overtime Rate Overtime Hours
Gross Earning of an employee = 12.5 40 + 25 12 =500 + 300 = $800
Answers:
Total Hours = 52hours
Regular Hours = 40 hours
Overtime Hours = 12 hours
Overtime Rate = $25
Gross Earning of the employee = $800