Question
Kyle Forman worked 43 hours during the week for Erickson Company at two different jobs. His pay rate was $14.70 for the first 40 hours,
Kyle Forman worked 43 hours during the week for Erickson Company at two different jobs. His pay rate was $14.70 for the first 40 hours, and his pay rate was $11.90 for the other 3 hours.
*Round your overtime rate and other interim computations to two decimal places and use the rounded amount in subsequent computations. Round the final answers to the nearest cent.
*Determine his gross pay for that week if the company uses the one-half average rate method.
*If prior agreement existed that overtime would be paid at the rate for the job performed after the 40th hour, the gross pay would be
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