For the first week of March, Betty Hill worked 37.25 hours. Betty earns $17.40 an hour. Her employer pays overtime for all hours worked in excess of 40 hours per week and pays 1.5 times the hourly rate for overtime hours.

Question

Calculate the following for the first week of March (round your responses to the nearest cent if necessary):

1. Regular pay amount: $

2. Overtime pay: $

3. Gross pay: $

Answer 1

1. Regular pay amount: $647.85 (37.25 hours x $17.40 per hour)

2. Overtime pay: $0 (No overtime since Betty worked less than 40 hours)

3. Gross pay: $647.85 (Regular pay amount plus no overtime pay)