Scoot Rentals pays employees an hourly wage or a salary plus commission based on

Question

Scoot Rentals pays employees an hourly wage or a salary plus commission based on rental revenue. Hourly wage employees can earn overtime. The overtime rate for hours worked over 40 in a week is 1 1/2 times more that the regular hourly rate of pay.

Instructions:
For each of the following employees, determine the total gross pay for the pay period.

John
Earns an hourly wage of $7.20
Worked 45 hours this week

Stan
Receives a salary of $300 per week, plus a 2% commission on rental revenue
Had rental revenue of $760 this week

Ryan
Earns an hourly wage of $8.50
Worked 40 hours this week

Janice
Receives a salary of $200 per week plus 2% commission
Had rental revenue of $1,235 this week.

Explanation / Answer

John Earns an hourly wage of $7.20 Worked 45 hours this week 40*7.20 + 5*1.5*7.20 = $342.00 Stan Receives a salary of $300 per week, plus a 2% commission on rental revenue Had rental revenue of $760 this week 300+0.02*760 = $315.20 Ryan Earns an hourly wage of $8.50 Worked 40 hours this week 40*8.50 = $340.00 Janice Receives a salary of $200 per week plus 2% commission Had rental revenue of $1,235 this week. 200 + 0.02*1235 = $224.70

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.