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The agreement between John Kalas and his employer provides for a pay rate of $14 per hour with a maximum of 40 hours per
The agreement between John Kalas and his employer provides for a pay rate of $14 per hour with a maximum of 40 hours per week. 48 hours x $14 = 8 hours x 0.5 x $14 John's weekly salary $672.00 56.00 $728.00 No matter how many hours John works each week (above and below 40), his gross pay would be $728.00. However, if John works beyor agreed-upon maximum of 48 hours, he must be paid at one and one-half times his regular rate of pay (1.5x $14 $21) for the hours c Carrie Overwood works fluctuating work schedules. Besides her fixed salary of $1,020 per week, her employment agreement provides for overtime pay at an extra half-rate for hours worked over 40. This week she worked 49 hours. Compute the following amounts. Round all divisions to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent. a. The overtime earnings b. The total earnings c. If this was a BELO plan with a pay rate of $23.45 per hour and a maximum of 49 hours, how much would Overwood be paid for 42 hours?
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