Future Business Leaders of America (FBLA) Business Calculations Practice Test

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Dive into the FBLA Business Calculations Test. Sharpen your analytical skills with multiple-choice questions and gain insights with detailed explanations. Excel in your exams!

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Monique worked 52 hours last week at $10/hr with 50% overtime. What is her gross pay?

$780
$520
$1,170
$580

The correct answer is: $580

To determine Monique's gross pay for the week, it is essential to calculate both her regular and overtime pay accurately. First, Monique's regular hours are typically 40 hours per week, as is standard. She worked 52 hours, which means she has 12 hours of overtime (52 hours worked - 40 regular hours = 12 overtime hours). Overtime pay is calculated at a rate of 1.5 times her regular hourly wage. Since Monique earns $10 per hour, her overtime rate would be: $10 per hour × 1.5 = $15 per hour. Now, we can calculate her total pay: 1. Calculate her regular pay for the 40 hours: Regular pay = 40 hours × $10/hour = $400. 2. Calculate her pay for the 12 hours of overtime: Overtime pay = 12 hours × $15/hour = $180. 3. Combine her regular pay and overtime pay to find her gross pay: Gross pay = Regular pay + Overtime pay = $400 + $180 = $580. This total of $580 reflects the correct calculation of Monique's gross pay for the week, taking into account both her regular hours and overtime