Question

Q1

1. An employee is working 6 days a week from Monday to Saturday. Assume the overtime for the employee is double after 40 hours. The following table shows his working hours.

1. Complete the table below (Show your work)

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	??

2. Find the gross earning of the employee.

2. Hamda is a salesclerk who receives a salary of $ 610 per week plus a commission of 7% on all sales exceeding $ 50,000. During a five-week period she sold products worth  $ 60,000, what were Hamda 's gross pay?                                                          

3. Omar assembles computer boards for an electronics company. He is paid on the following differential pay scale:

Units produced	Amount per unit
1 – 50	$ 2.15
51 – 160	$ 3.15
161 – 200	$ 4.90
Over 200	$ 6.25

If he made 210 boards in a week, how much is his gross pay?   

(Round your answer to the nearest hundredth)

Answer 1

A. Gross earnings of employee

Employee worked total 52Hrs ( 10+10+10+10+10+2)

Upto 40Hrs of work done he will get regular pay i.e., $ 12.5

After the 40hrs he will get the double of regular pay .i.e., $ 25.0

Total Earnings = 40 * 12.5 + 12 * 25 = $ 800.

B. Hamada's Gross Pay

Hamada has 2 portions of income . Those are
a. Fixed income of $610 per week and
b. vairaiable pay commission of 7% on sales exceeding $ 50,000

Hamada Worked for 5 weeks and made sals of $ 60,000. hamada will get commission of 7% on $10,000(i.e., 60,000-50,000)

Hamadas gross pay = (610*5) + 10,000*7%
3,050 + 700
$ 3,750

C.Omar Gross Pay

He assembled total 210 boards in a week Electronic Company offering him to pay in slab rates

Nubmer of units assembled Rate per Unit Earnings

for first 50 units $ 2.15 50 * 2.15 = 107.5
next 110 units $ 3.15 110 * 3.15 = 346.5
for next 40nits $ 4.90 40*4.90 = 196.0
next 10 units $ 6.25 10*6.25 = 62.5

Total Earnings $ 712.5
Roundedoff to $ 700.0