Question

find the overtime rate, the amount of earnings at the regular pay, the amount of overtime pay, and the total gross wages for the employee. hours in excess of 40 are overtime hours.

name	s	m	t	w	th	f	s	total hrs.	reg. hrs.	o.t. hrs.

name	reg. rate	o.t. rate	gross earnings
bond, r	$8.36	$	$	$	$

what was the overtime rate for mr. bond?
$\square$
(round to the nearest cent as needed.)

Explanation:

Step1: Recall Overtime Rate Calculation

Overtime rate is typically 1.5 times the regular rate. The regular rate for Mr. Bond is $8.36.

Step2: Calculate Overtime Rate

Multiply the regular rate by 1.5: $8.36 × 1.5 = $12.54

Answer:

$12.54