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2 Pat Kunz receives $725 for a regular 40-hour week and time and one-half for ov

ID: 2335618 • Letter: 2

Question

2 Pat Kunz receives $725 for a regular 40-hour week and time and one-half for overtime.

15 pts

For a workweek of 44 hours, compute:

a. Regular earnings

b. Overtime earnings

c. Total earnings

3 Carl La Duca earns $3,875 each month and works 40 hours each week. Compute:

15 pts

a. hourly rate

b. The overtime rate at time and one-half

4 During the first week in April, Courtney Nelson worked 46 hours and produced 1,450 units under a piece-rate system.

15 pts

The regular piece rate is $0.38 a unit. Nelson is paid overtime according to the FLSA ruling for overtime work under a piece-rate system. Compute:

a. The piecework earnings

b. The regular hourly rate

The overtime hourly rate

c. The overtime earnings

d. Total earnings

5 Maria Cohen is employed as a sales person in the men's department of Lee's Fashions. In addition to her weekly base salary 15 pts of $400 (35-hour week)Cohen is paid a commission of 1% on her total net sales for the week (total gross sales less any customer returns). During the past week, to promote the sale of its fine cashmere sweaters, Lee's agreed to pay Cohen an additional (push money) of 3% of the total net sales of cashmere sweaters. Cohen's weekly sals tally is given below:

Item                Gross Sales Customer returns

Regular sweaters      $600                                  $58

Cashmere sweaters    895                                    75

Ties                             190                                    0

Dress Shirts                 445                                   39

Sports Shirts 585                                    45

Compute Cohen's total weekly earnings below:

a. Weekly base salary $400

Weekly gross sales   

Less customer returns

Weekly net sales

b. Commission: $ X 1% =

Weekly gross sales of cashmere sweaters

Less customer returns

Weekly net sales of cashmere sweaters

c. PM: X 3%

d. Total weekly Earnings

6 Compute the overtime rate for each of the employees below. Assume a normal 40 hour work week.

25 pts

Employees Wages

Employee name        Hourly wage or salary          Overtime Rate

Mangino, Rob A. $18.50 per hour

Flores, Inga C.            $19.25 per hour

Palmetto, Carson S. $17.80 per hour

Waters, Randy F. $20.70 per hour

Kroll, Cathy T. $23.80 per hour

Ruppert, Carmen V. $800 per week

Scott, William M. $780 per week

Wickman, Sarah A. $3,500 per month

Foley, Lucas T. $4,500 per month

Olney, Marshall W. $78,000 per year

Explanation / Answer

Answer for 2 Pat Kunz

Regular earning for regular 40 hours a week = $725

Therefore regular earning per regular hour = $725/40hours = 18.125 per hour

Overtime earning = one-half of regular earning

i.e, overtime earning = 1.5 * regular earning per hour * Overtime working hour

In the Given Case :-

Regular Working Hours = 40 Hours

Overtime working hours = Total Worked hours - Regular Working Hours

= 44 hours - 40 hours

= 4 hours

Calculations :-

1. Regular earning = Total regular hours * regular earning per hour

= 40 hours * $18.125

= $725

2. Overtime earning = 1.5 * regular earning per hour * Overtime working hour

= 1.5 * $18.125 * 4 hours

= $108.75

3. Total earning = Regular earning + overtime earning

  = $725 + $108.75

= $833.75

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