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Calculate Fritz overtime rate of pay

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Reference no: EM132721015

Problem - Mike Fritz receives a regular salary of $3,250 a month and is paid 1½ times the regular hourly rate for hours worked in excess of 40 per week.

Required -

a. Calculate Fritz's overtime rate of pay. (Compute to the nearest half cent.)

b. Calculate Fritz's total gross weekly pay if he works 46 hours during the week.

Reference no: EM132721015

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