Your company has recently won a bid for a building contract. Your company has promised the client that the project will be finished in one month. Because of the short deadline, mandatory overtime is initiated company wide. If you make $16.00 an hour and a normal work week is 40 hours per week, determine your gross pay for the month you will be working on the project given that you are required to work 50 hours a week, and you earn time and a half for overtime.
Overtime pay is $16.00 × 1.5 = $24.00 per hour. Each week, you earn 40 × $16.00 = $640.00 for regular hours and 10 × $24.00 = $240.00 for overtime, totaling $880.00. Using four weeks for the month, your gross pay is 4 × $880.00 = $3,520.00, choice b.
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