Question

You are calculating payroll. your company has 45 employees who work 40 hours a week and earn $17/hour 14 employees each worked 6 hours of overtime at 50% above their hourly rate. what percentage of the total payroll that week was overtime pay

Answer 1

Regular pay:
45x40x17=30,600
Overtime:
45x6x17x1.5=2142

Total payroll= 30,600+2142=32,742

Total overtime/total payroll * 100 =
2142/32,742 *100 = 6.5%