Asked by Annie Kay Cumberland Elliott on May 05, 2024
Verified
Lucille receives an annual salary of $37,500 based on a 37.5-hour workweek. What are her gross earnings for a two-week pay period in which she works 9 hours of overtime at 1½ times her regular rate of pay?
Overtime
The amount of time someone works beyond the normal working hours, often resulting in additional pay.
Annual Salary
The total amount of money that an individual earns in one year from their job before taxes and deductions.
Gross Earnings
The total amount of income earned by an individual or generated by a business before any deductions like taxes or expenses are applied.
- Calculate the total remuneration, including payment for overtime work.
Verified Answer
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Learning Objectives
- Calculate the total remuneration, including payment for overtime work.