Question

3.6

All coaches say it takes practice, practice, practice to win. Here's your opportunity to practice to gain the knowledge to win. Compute the gross earnings for each of the individuals below, rounding each to the nearest cent. Julie Foudy, an equipment manager, earns $745 for a fluctuating workweek. Overtime work is one-half times the regular rate beyond the 40 hours. Julie worked 7 hours overtime. Julie's gross earnings = $ Assume Julie's employer computes his pay based on 40-hours per week. Julie's gross earnings = $ Brandi Chastain, a soccer promotions sales representative, earns an annual base salary of $67,000 and her sales quota is set at $795,000. If she exceeds her quota, she will receive a 7% commission for sales in excess of her quota. For the current year, she has sales of $850,000. Brandi's gross earnings = $ Hope Solo earns $15.15 per hour and has earned a scoring bonus this week of $45.50. In addition, she worked 6 hours of overtime. Hope's gross earnings = $

Answer 1

1. Julies gross earnings= $745+($27.95*7hrs)= $940.65/-

working note: earning per hour(normal)= $745/40Hrs=$18..63

overtime earning= $18.63*1.5=$27.95

2. If julies pay is based on 40 hrs per week then her gross earnings would be same as computed above

3. Brandi's earnings= $67000+[(850000-795000)*7%]= $70850

4. Hope's earnings = (15.15*8*5)+45.5+(15.15*6)= $744.5

assumption: Hope's weekly working is 8 hrs and in addition he worked 6 hrs overtime. assumption is taken because you have not mentioned weekly working and working days are assumed to be 5.