consumer mathematics

Question

Ward Johnson worked 45 hours last week at $8 per hour. He receives time and a half for all hours over 40 hours. What was his gross pay for the week?

Mr. Johnson (the last problem) had $29 deducted for FICA tax, $39.14 for federal income tax, and $1.10 for life insurance. What was his net pay for last week?

Answer 1

8(40)+12(5) = 320+60 = $380 gross pay for the week

380-29 - 39.14 -1.1= 380-69.24 = $310.76 net pay

for 45 hours at time and a half for ovr 40 hours, with regular pay $8 per hour

overtime rate = (3/2)8 = $12 per hour