I think I have to use the "if" formula but Im not too sure. I have to multiply rate times hour and and multiply the overtime by 1.5 but dont know how the formula is. Could any help me with this please.
2007-03-11 10:39:45 · 2 answers · asked by tata 2 in Business & Finance ➔ Other - Business & Finance
There are a couple of ways :
Gross = ( Total hrs ) ( rate ) + (Total - 40 ) (.5 rate)
or
Gross = 40 ( rate ) + (Total - 40) (1.5)( rate )
Note: ( Total - 40 ) are the OT hours.
2007-03-11 10:52:09 · answer #1 · answered by kate 7 · 0⤊ 0⤋
go to school . if you can't even figure out simple o.t. you're bad off and boss will cheat you every time . life is a sh!t sandwich , the more bread you got , the less sh!t you gotta eat . education = more bread .
2007-03-11 17:55:15 · answer #2 · answered by Anonymous · 0⤊ 0⤋