Question
Calculate gross pay for each of the following four employees of Person Mover Corp. The company offers a regular wage rate of $7.90/hour to all
Calculate gross pay for each of the following four employees of Person Mover Corp. The company offers a regular wage rate of $7.90/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:
$8.30/hour for producing at least 550 units
$10.70/hour for producing at least 720 units
$13.20/hour for producing at least 1,000 units
$17.70/hour for producing at least 1,310 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.
1A:Willy Tripp worked 42 hours and produced 882 units. Gross Pay = $
1B:Louise Franklin worked 49 hours and produced 591 units. Gross Pay = $
1C:Maya James worked 44 hours and produced 1,302 units. Gross Pay = $
1D:Mason Winston worked 53 hours and produced 302 units. Gross Pay = $
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