Overtime of $16.00
WebBusiness. Operations Management. Operations Management questions and answers. Labor Information -Regular Rate $16.00/hr -Overtime Rate $24.00/hr -Targeted Labor Cost $11,200/wk -Labor Hours Needed 700/wk Any hour worked over 40 hrs/wk must be paid overtime rate How many employees are needed to meet the targeted labor cost? 16 30 … WebYour employer is required by federal law (Fair Labor Standards Act) to pay time and a half wages (regular hourly rate x 1.5) for all hours worked beyond 40 hours per week. So if …
Overtime of $16.00
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WebJan 1, 2024 · Then you would be working 50 weeks of the year, and if you work a typical 40 hours a week, you have a total of 2,000 hours of work each year. In this case, you can … Webovertime) has piece rate earnings of $500 in a workweek for 50 hours work has a regular rate of $10 per hour. $500.00 total wages . ÷ 50 Hours $10.00 Per Hour Regular Rate . …
WebSep 1, 2024 · The amount Jake Hunter earned last week was $800.00. What is the total earnings of Jake Hunter for the week? The total earnings of Jake Hunter for the week … WebFeb 18, 2024 · – Overtime Rate $24.00/hr – Targeted Labour Cost $11,200/wk – Labour Hours Needed 700/wk – Any hour worked over 40 hrs/wk must be paid overtime rate: …
WebLabor Information. -Regular Rate $15.00/hr. -Overtime Rate $22.50/hr. -Targeted Labor Cost $9,000/wk. -Labor Hours Needed 600/wk. -Any hour worked over 40 hrs/wk must be paid … WebAug 16, 2024 · Full-Time 40 Hours a Week For 52 Weeks. Working Full-Time at 40 hours per week for all 52 weeks in a year, making $16.25 an hour would earn an annual salary of $33,800 per year before taxes. If you work over 30 hours per week, than you are considered full-time. In this article we used 40 hours per week for the calculations, because that is the …
WebBusiness. Operations Management. Operations Management questions and answers. Labor Information -Regular Rate $16.00/hr -Overtime Rate $24.00/hr -Targeted Labor Cost …
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