Question

some companies pay overtime for all time worked over 8 hours in a given day. use this method to complete the following payroll ledger. overtime is paid at the time - and - a - half rate. the regular gross earnings is the total number of regular hours times the regular rate. the overtime gross earnings is the total number of overtime hours times the overtime rate.

employee	hours worked	total hours	reg. rate
danza, j	---	7.5	8	9	10.75	6	---			$11.06

employee	o.t rate	gross earnings
danza, j	$	$	$	$

determine the number of regular hours that mr. danza worked in the week.
37.5 hours (type an integer or decimal rounded to two decimal places as needed.)
determine the number of overtime hours that mr. danza worked in the week.
3.75 hours (type an integer or decimal rounded to two decimal places as needed.)
what was the overtime rate for mr. danza?
$\square$ (round to the nearest cent.)

Explanation:

Step1: Recall Overtime Rate Formula

The overtime rate is time - and - a - half of the regular rate. The formula for overtime rate ($OT_{rate}$) is $OT_{rate}=1.5\times Regular_{rate}$.

Step2: Substitute Regular Rate

Given that the regular rate is $\$11.06$. So we calculate $1.5\times11.06$.
First, $11.06\times1.5 = 11.06+\frac{11.06}{2}=11.06 + 5.53=16.59$.

Answer:

$\$16.59$