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Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

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BuyFindarrow_forward

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

Eric Shotwell’s company pays him $18.92 per hour for regular time up to 40 hours and time- and-a-half for overtime. His time card for Monday through Friday last week had 8.3, 8.8, 7.9, 9.4, and 10.6 hours. What was Eric’s total gross pay?

To determine

To calculate: The total gross pay for the week if Eric Shotwell’s company pays him $18.92 per hour for regular time up to 40 hours and time and a half for overtime. Also, Eric’s time card for Monday through Friday for last week is 8.3,8.8,7.9,9.4 and 10.6 hours.

Explanation

Given Information:

Eric Shotwell’s company pays him $18.92 per hour for regular time up to 40 hours and time and a half for overtime. Also, Eric’s time card for Monday through Friday for last week is 8.3,8.8,7.9,9.4 and 10.6 hours.

Formula Used:

The formula to calculate gross weekly income is,

Gross=rate× number of hours per week

Calculation:

Consider the Eric’s time card for Monday through Friday for last week is 8.3,8.8,7.9,9.4 and 10.6 hours.

Add the time worked from Monday to Friday to obtain total number of hours worked as,

Time=8.3+8.8+7.9+9.4+10

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