Question 6.1.3: This week, Holly Kelly worked 40 regular hours and 12 overti......
This week, Holly Kelly worked 40 regular hours and 12 overtime hours. Her regular rate of pay is $17.40 per hour. Find her total gross pay, using the overtime premium method.
Kelly’s total hours are 40 + 12 = 52, and her overtime premium rate is .5 × $17.40 = $8.70.
\begin{matrix}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 52\ hours × \$17.40 = \$904.80 & \mathbf{regular\ rate\ earnings} \\ \underline{12\ overtime\ hours × \$8.70 = \$104.40}& \mathbf{overtime\ premium}\ \ \ \ \ \\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$1009.20 & \mathbf{gross\ earnings}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \end{matrix}
The calculator solution uses the order of operations to find the regular earnings and the overtime earnings, and then adds these together.
52\ \boxed{×}\ 17.4\ \boxed{+}\ 12\ \boxed{×}\ 17.4\ \boxed{×}\ .5\ \boxed{=}\ 1009.2
Note: Refer to Appendix B for calculator basis.