Reference no: EM132673606

Problem 1: Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates.

NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

1: Stanley Smothers receives tips from customers as a standard component of his weekly pay. He is paid $5.10/hour by his employer and receives $305 in tips during the most recent 41-hour workweek.

2: Arnold Weiner receives tips from customers as a standard component of his weekly pay. He is paid $4.10/hour by his employer and receives $174 in tips during the most recent 44-hour workweek.

3: Katherine Shaw receives tips from customers as a standard component of her weekly pay. She is paid $2.40/hour by her employer and receives $539 in tips during the most recent 59-hour workweek.

4: Tracey Houseman receives tips from customers as a standard component of her weekly pay. She is paid $3.85/hour by her employer and receives $466 in tips during the most recent 41-hour workweek.