Compute the overtime rate for each of the employee below. Assume a normal 40-hour workweek.

Hourly wage or salary Overtime rate

$18.50 per hour

$19.25 per hour

$17.80 per hour

20.70 per hour

23.80 per hour

$800 per week

$780 per week

$3,500 per month

$4,500 per month

$78,000 per year