Question
Calista Flood receives tips from customers as a standard component of her weekly pay. She is paid $4.10/hour by her employer and receives $350 in
Calista Flood receives tips from customers as a standard component of her weekly pay. She is paid $4.10/hour by her employer and receives $350 in tips during the most recent 38-hour workweek.
Regular Wages | $4.10 * 38 hours = $155.80 |
Tip Credit | $7.25 - $4.10 = $3.15 |
Overtime Wage Rate | ($7.25 * 1.5) - $3.15 = $7.73 |
Overtime Wages | $7.73 * 0 hours = $0 |
Total Tip Credit | $3.15 * 38 hours = $119.70 |
Tips | $350.00 |
Gross Pay | $155.80 + $0 + $350.00 = $505.80 |
The above is how it's done correctly. Having trouble with the following:
1. Laurel Woods receives tips from customers as a standard component of her weekly pay. She is paid $4.30/hour by her employer and receives $308 in tips during the most recent 39-hour workweek.
2. Tricia Watkins receives tips from customers as a standard component of her weekly pay. She is paid $3.05/hour by her employer and receives $145 in tips during the most recent 52-hour workweek.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started