I have a payroll accounting question: Wilson, a medical sec., earns $2650 monthly for a 37.5 hour week. for overtime work, she recieves extra pay at the regular hourly rate up to 40 hours and time and one-half beyond 40 hours in any week. during one semimonthly pay period, wilson worked 6 hours over-time. only 2 hours of this overtime were beyond 40hours in any week. Compute: a.) the regular semimonthly earning b.) the overtime earning c.) the total earning d.) the overtime rate e.) the regular hourly rate
a.) the regular semimonthly earning semi means half so how much does Wilson regularly make in half a month?
yes
Wilson, a medical sec., earns $2650 monthly (4 weeks) semi-monthly: 2 weeks how much is regular pay?
we have to compute that
basically you got: \[\frac{ monthly }{ 4 weeks } = \frac{ semi-monthly }{ 2 weeks }\]
\[\frac{ $2650 }{ 4 } = \frac{ semi-monthly }{ 2 }\] Answer to a): find x, where "x = regular semi-monthly pay" \[\frac{ $2650 }{ 4 } = \frac{ semi-monthly }{ 2 }\]
solve for x: regular semi-monthly pay \[\frac{ $2650 }{ 4 } = \frac{ x }{ 2 }\]
1325
YES answer to a) $1325
b.) the overtime earning the overtime earning has two different rates 1. the rate upto 40 hours/wk 2. the rate when exceeding 40 hours/wk
information: "during one semimonthly pay period, wilson worked 6 hours over-time. only 2 hours of this overtime were beyond 40hours in any week." so question is about the distribution between tariffs 1. and 2.
regular week: 37.5 hours within extended working time: 4 hours exceeding: 2 hours
we just need to know the tariffs for 1. and 2., then the earning can be easily calculated with 4 hours, 2 hours
this also answers questions d) and e).
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