Reference no: EM132853510

Assignment - Calculating Gross Earnings

Q1. Wendy Martin works in a film processing laboratory. She is paid $12.50 an hour for a 40-hour week and twice her regular hourly rate (double time) for all hours over 40. One week, she worked 44 hours. What were her regular earnings, overtime earnings, and total earnings for the week?

Q2. Patrick Nolan is a bank teller. He receives a weekly salary of $630 for a 35-hour week. What is his regular hourly rate?

3. Theresa Montero works as a medical technician at Valley Hospital. She receives a monthly salary of $2500. Her overtime rate is 1 ½ times her regular hourly rate, and she is paid this rate for work beyond 40 hours in any week. For a week in which she worked 44 hours, compute her regular hourly rate, her regular earning, her overtime earnings, and her total earnings.

Q4. Derek Anderson is a chef in a restaurant. He receives $18 an hour and regularly works 8 hours a day, Monday through Friday. For work on Saturday, he receives time and a half; and for work on Sunday, he is paid double time. One week in July, he worked full-time Monday through Friday plus 4 hours on Saturday and 4 hours on Sunday. Compute his regular earnings, overtime earnings, and total earnings for the week.

Q5. Marti Ellis works 40 hours a week in a clothing factory. She is paid 95 cents for each acceptable unit produced. During the week of June 7, she produced 605 units, but 25 units were rejected because they were defective. How much did she earn that week?

Q6. Vincent DeCarlo sells real estate. The agency where he works collects a commission of 6% on all sales and pays 3% (or one-half the total commission earned) to its salespeople. During March, Vincent made the following sales: a condominium apartment for $60,000, a house for $225,000, and a building lot for $40,000. What were his commission earnings for March?

Q7. Nora Van Kirk is the sales manager for Business Solutions Software. She receives a salary of $800 a week and commission of 1 ½ % of the firm's annual sales over $2 million. Last year, the firm's sales were $5.6 million. Compute her gross earnings for the year.

Q8. Jason Peters sells farm machinery. He is paid a salary of $1600 a month and has a monthly sales quota of $5000. He receives a commission of 10% on all sales above his monthly quota of $5000 and an additional 2% on all sales above $10,000 in a month. Last month, his sales were $18,500. What were his gross earnings?

Q9. Mary Conrad sells dental equipment and supplies on a commission basis. During one week, her sales were $8650. She receives 8% for the first $3000 of sales, 10% for the next $3000 of sales, and 12% for all sales over $6000. What were her gross earnings for the week?