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Compute hourly rate and overtime rates:
Stacy Forvour is a salaried employee who works fluctuating workweeks. She is paid $680 per workweek. This week, she worked 46 hours. Forvour's total gross pay if her employer uses the special half-rate (based on total hours worked) for overtime pay is $. Round your final answer to the nearest cent.

Answer :

rdsegoe

Answer: $724.35

Explanation: Stacy worked 46 hours in total in her work week. Normally any amount of hours above 40 hours is considered to overtime hours. This means she worked a total of 6 hours (46 - 40 = 6) as overtime.The special half rate apply on these overtime hours.

Calculating the special half rate on the overtime is as follows:

Total salary: $680

Hours workered: 46

Therefore pay per hour= 680 ÷ 46 = $14.78

Apply half rate: 14.78 × 0.5 = $7.39 per hour

Total overtime: 7.39 × 6 hours = $44.35

Total gross salary: 680 + 44.35 = $724.35

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