On the problems ensure you:

1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate).
2. If the third decimal place is 5 or more, round to the next higher cent.
3. If the third decimal place is less than 5, drop the third decimal place

PROBLEM 1

Edna is a worker at Denny's Dine-In and received $120 in tips for the 40 hour work week. Is Denny's required to pay Edna more? Yes or No?

If Yes, how much? Why?

PROBLEM 2

Jack Kentson works a 40-hour week with overtime paid at 1 times his regular rate of pay of $14.88. This week he worked 42 hours, which resulted in a gross pay of ____________

PROBLEM 3

Kevin Kurtz is a newly hired exempt employee who earns an annual salary of $67,600. Since he started work on Thursday (5-day week ends on Friday), his pay for the first week of work would be _____________

PROBLEM 4

Annette Henri is paid an hourly wage of $10.90 for a 32-hour workweek of 4 days, 8 hours daily. For any work on the fifth day and on Saturdays, she is paid one and one-half times her regular hourly rate. During a certain week, in addition to her regular 32 hours, Henri worked 6 hours on the fifth day and 5 hours on Saturday. For this workweek, Henri'stotal earnings are

PROBLEM 5

Carla Maloney is a waitress who regularly receives $80 each week in tips and works 40 hours each week. The minimum gross weekly pay, excluding tips, that the restaurant could pay Maloney without violating the FLSA is

____________