Question
Calculate gross pay for each of the following employees of Launchpad Co. The company offers a regular wage rate of $8.20/hour to all employees. Under
Calculate gross pay for each of the following employees of Launchpad Co. The company offers a regular wage rate of $8.20/hour to all employees. Under an incentive plan in place for all employees, this rate increases for any employee who can meet weekly production goals. The increased rates and corresponding thresholds that must be met are as follows: $9.40/hour for producing at least 2,000 units $10.60/hour for producing at least 2,800 units $11.80/hour for producing at least 3,700 units $13/hour for producing at least 4,700 units All employees are paid an overtime wage rate that is 1.5 times their respective regular wage rates. NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.
1:Bronson Chau worked 42 hours and produced 1,870 units. Gross Pay = $
2:Pauline Myers worked 42 hours and produced 3,650 units. Gross Pay = $
3:Angela Smith worked 52 hours and produced 2,160 units. Gross Pay = $
4:Angelo Balducci worked 47 hours and produced 4,790 units. Gross Pay = $
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