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1. Carry the hourly rate and the overtime rate to 3 decimal places and then round...

1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5, drop the third decimal place. Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. Kelli England earns $12.30 per hour and has earned a production bonus this week of $37.10. If England worked 44 hours this week, her gross pay is $. Round your final answer to the nearest cent.

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Answer #1

Answer:

Gross Pay = $26.29

Explanation:

Basic wage = Basic Rate per hour × Hours worked this week

= $12.30 × 44 = $541.20

Total amount earned = Basic wage + Bonus

= $541.20 + $37.10

= $578.30

Total earnigs per hour = Total amount earned ÷ Total hours

= $578.30 ÷ 44

= $13.14

We assume her employer use half-rate system, therefore Kelli's total gross pay if her employer uses the special half-rate =

= $13.14 × .5

= $6.57

Kelli's Gross Pay = $6.57 × number of weeks

= $6.57 × 4

= $ 26.29

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