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Luther is paid an annual salary of $56,600 based on a 37-hour workweek. a. What is his equivalent hourly wage? (Assume that a year has
Luther is paid an annual salary of $56,600 based on a 37-hour workweek. a. What is his equivalent hourly wage? (Assume that a year has exactly 52 weeks ) (Round your answer to 2 decimal places.) 29.03 b. What would be his total remuneration for a biweekly pay period of that year it he worked 4 5 hours of overtime at time and a half? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) A shoe salesperson is paid the greater of $600 per week or 11% of sales a. What are his earnings for a week in which sales are $5636? (Round your answer to 2 decimal places.) Earnings 619.96 b. At what volume of sales per week will he start to earn more from the commission based compensation? (Round your answer to 2 decimal places.) Sales
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