Question

In: Accounting

Calculate gross pay for each of the following employees. All are paid an overtime wage rate...

1:Walter Pinkman assembles merchandise and is paid $0.12 for each unit assembled. During the most recent week, he worked 44 hours and assembled 5,602 units. Gross Pay = $

2:Sidney Darling is a telemarketer, who is paid $0.31 for every telemarketing call he places. During the most recent week, he worked 42 hours and placed 1,669 calls. Gross Pay = $

3:Pete Brees assembles merchandise and is paid $0.05 for each unit assembled. During the most recent week, he worked 51 hours and assembled 13,302 units. Gross Pay = $

4:Roy Carter is a telemarketer who is paid $0.36 for every telemarketing phone call he places. During the most recent week, he worked 50 hours and placed 1,564 calls. Gross Pay = $

Solutions

Expert Solution

1. answer is $702.80

regular earnings for all hours = 5602 units * $0.12 per unit = $672.24

regular hourly rate = 672.24/ 44 hours = 15.28

overtime rate per hour = 15.28 * 0.5 = 7.64

overtime earnings = 4 hours * 7.64 = 30.56

total earnings = regular earnings + overtime earnings = 672.24 + 30.56 = 702.80

2. answer is $529.71

regular earnings for all hours = 1669 calls * $0.31 per call = $517.39

regular hourly rate = 517.39/ 42 hours = 12.32

overtime rate per hour = 12.32*0.5 = 6.16

overtime earnings = 2 hours * 6.16 = 12.32

total earnings = regular earnings + overtime earnings = 517.39 + 12.32 = 529.71

3. answer is $736.83

regular earnings for all hours = 13302 units * $0.05 per unit = $665.1

regular hourly rate = 665.1/51 hours = 13.04

overtime rate per hour = 13.04*0.5 = 6.52

overtime earnings = 11 hours * 6.52 = 71.73

total earnings = regular earnings + overtime earnings = 665.1 + 71.73 = 736.83

4. answer is $619.34

regular earnings for all hours = 1564 calls * $0.36 per call = $563.04

regular hourly rate = 563.04/ 50 hours = 11.26

overtime rate per hour = 11.26 * 0.5 = 5.63

overtime earnings = 10 hours * 5.63 = 56.30

total earnings = regular earnings + overtime earnings = 563.04 + 56.30 = 619.34

Please up vote. Thanks!

ekkarill92 answered 2 weeks ago

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