× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
Hillier Hillier
wrote...
Posts: 550
Rep: 5 0
6 years ago
Norm Bates is paid a semi-monthly salary of $792.50. Regular hours are 37 1/2 per week and overtime is paid at time and one-half regular pay.
a)   What is Norm's hourly rate of pay?
b)   How many hours overtime did Norm work in a pay period for which his gross pay was $946.30?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
Read 85 times
2 Replies

Related Topics

Replies
wrote...
#1
6 years ago
a)   Annual salary = 792.50 × 24 = 19020.00
   Weekly pay = 19020.00 ÷ 52 = 365.76923
   Hourly rate of pay = 365.76923 ÷ 37.5 = $9.75
b)   Gross earnings    = 946.30
   Regular earnings    = 792.50
   Overtime pay    = 153.80
   Overtime hourly rate = 9.75 × 1.5 = 14.625
   Overtime hours = 153.80 ÷ 14.625 = 10.516 hr.
Hillier Author
wrote...
#2
5 years ago
Correct, thank you
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1185 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 322
  
 142
  
 176
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?