Question

Sam receives a regular wage of $15 per hour for a 40 hour week. He receives...

Sam receives a regular wage of $15 per hour for a 40 hour week. He receives one and one-half his regular hourly rate for hours over 40 per week and twice his normal rate for Sundays and holidays. Last week Sam worked 62 hours including 8 hours on a holiday. Calculate Sam's gross pay.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Gross salary = regular wage*normal hours+1.5*regular wage*hours above normal hours excluding holiday+2*regular wage*holiday hours

=15*40+1.5*15*(62-40-8)+2*15*8=1155 $

Add a comment
Know the answer?
Add Answer to:
Sam receives a regular wage of $15 per hour for a 40 hour week. He receives...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Mike Dooley's regular hourly wage is $16 an hour. He receives overtime pay at the rate...

    Mike Dooley's regular hourly wage is $16 an hour. He receives overtime pay at the rate of time and a half. The FICA tax rate is 7.65%. Mike is paid weekly. For the first pay period in January, Mike worked 49 hours. All hours over 40 earn the overtime rate. Mike's federal income tax withholding is $150 and his state income tax withholding is $60. Mike has authorized that $25 be withheld from his check each pay period for savings...

  • gator regular hourly rate is $15, and she receives a wage of 1 1/2 her regular...

    gator regular hourly rate is $15, and she receives a wage of 1 1/2 her regular rate for work in excess of 40 hours. during a February pay period, gator worked 48 hours. gators federal income tax withholding is $70, and her only voluntary deduction is $50 for group hospitalization insurance. the FICA tax rate is 7.65%. instructions: gators's a) gross earnings and (b) net pay for the pay period. Show all computations

  • Casey receives an annual salary of 517,472.00, is paid monthly, and works 35 regular hours per...

    Casey receives an annual salary of 517,472.00, is paid monthly, and works 35 regular hours per week. Overtime is paid at time-and-a-half regular pay. (a) What is Casey's gross remuneration per pay period? (b) What is his hourly rate of pay? (c) How many hours overtime did Casey work during a month for which his gross pay was $1693.60? (a) Casey's gross remuneration per pay period is $] (Type an integer or a decimal) (b) Casey's hourly rate of pay...

  • COMPUTING OVERTIME RATE OF PAY AND GROSS WEEKLY PAY Mike Fritz receives a regular salary of...

    COMPUTING OVERTIME RATE OF PAY AND GROSS WEEKLY PAY Mike Fritz receives a regular salary of $3,250 a month and is paid 1½ times the regular hourly rate for hours worked in excess of 40 week. per (a) Calculate Fritz's overtime rate of pay. (Compute to the nearest half cent.) (b) Calculate Fritz's total gross weekly pay if he works 46 hours during the week.

  • Thomas Martin receives an hourly wage rate of $15, with time and a half for all...

    Thomas Martin receives an hourly wage rate of $15, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 42; federal income tax withheld, $349; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the gross pay for Martin? a. $945 Ob. $630 c. $645 Od. $1,260

  • An employee receives an hourly wage rate of $18, with time and a half for all...

    An employee receives an hourly wage rate of $18, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 45; federal income tax withheld, $304; social security tax rate, 6.0%; and Medicare tax rate, 1.5% on all earnings. What is the gross pay for the employee? Select the correct answer. $810 $1,215 $1,620 $855

  • An employee receives an hourly wage rate of $19, with time and a half for all...

    An employee receives an hourly wage rate of $19, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 43; federal income tax withheld, $324; social security tax rate, 6.0%; and Medicare tax rate, 1.5% on all earnings. What is the gross pay for the employee? Select the correct answer. $846 $1,226 $817 $1,634

  • Mary Stine's regular hourly wage rate is $12, and she receives an hourly rate of $18...

    Mary Stine's regular hourly wage rate is $12, and she receives an hourly rate of $18 for work in excess of 40 hours. During a March pay period, Mary works 47 hours. Mary's federal income tax withholding is $70, and she has no voluntary deductions. Compute Mary Stine's gross earnings and net pay for the pay period.

  • An hourly employee is paid $30/hour for a 40 hour week. Overtime is paid at time-and-a-half...

    An hourly employee is paid $30/hour for a 40 hour week. Overtime is paid at time-and-a-half for hours worked in excess of 40 hours. In the prior week, the employee worked 48 hours. Federal income taxes of $250 were withheld, and state income taxes of $40 were withheld. FICA taxes of 6.2% (Social Security) and 1.45% (Medicare) were also withheld. What is the weekly gross pay amount or this employee? What is the weekly net pay amount for this employee?

  • A) Beth Corbin’s regular hourly wage rate is $22, and she receives an hourly rate of...

    A) Beth Corbin’s regular hourly wage rate is $22, and she receives an hourly rate of $33 for work in excess of 40 hours. During a January pay period, Beth works 45 hours. Beth’s federal income tax withholding is $94, and she has no voluntary deductions. Use January 15 for the end of the pay period and the payment date. Prepare the journal entries to record (a) Beth’s pay for the period and (b) the payment of Beth’s wages. (Assume...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT