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$1.00 x 0.5 = $0.50 extra overtime rate $0.50 2 overtime hours/week 52 weeks = $52 extra earnings Casey Collins' average workweek during the
$1.00 x 0.5 = $0.50 extra overtime rate $0.50 2 overtime hours/week 52 weeks = $52 extra earnings Casey Collins' average workweek during the first quarter of the year (13 weeks) was 41 hours. As part of his company's perfect attendance program, he earned a bonus of $988. Determine the extra overtime pay due Collins for the first quarter. Note: For each calculation, round to 2 decimal places before continuing to next computation. At next step, round to 2 decimal places. And then, round your final answer to the nearest cent. Extra overtime pay $ 12.05 X Feedback Check My Work Four steps: 1. Take annual bonus amount and divide by 52 weeks to get weekly bonus amount. 2. Take weekly bonus amount and divide by hours worked in week = bonus amount per hour. 3. Take bonus amount per hour x.5 (50%) = extra overtime rate. 4. Extra overtime rate x number of overtime hours worked in week x 52 weeks = Extra overtime pay.
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