example #1: april works as a receptionist in a downtown office. she earns $17.50 per hour and usually works…

example #1: april works as a receptionist in a downtown office. she earns $17.50 per hour and usually works 36 hours per week and is paid weekly.\na) calculate her weekly earnings.\nb) determine her total earnings for a month in which she receives 4 pay - cheques.\nc) determine pams total earnings for the year if she takes only 3 weeks of vacation.\nvacation pay is money paid by an employer to employees instead of paying employees while during their holidays. the money is reserved for when the employee goes on vacation. the employer has to pay 4% of their regular salary at minimum. this goes up to 6% after 5 years of employment.\nexample #2: calculate pams expected vacation pay if she worked 49 weeks of the year. assume she did not miss any other time throughout the year.
Answer
Explanation:
Step1: Calculate weekly earnings
Weekly earnings = Hourly rate × Hours per week. So, $17.50\times36 = 630$.
Step2: Calculate monthly earnings
If she gets 4 pay - cheques in a month, monthly earnings = Weekly earnings × 4. So, $630\times4=2520$.
Step3: Calculate annual working weeks
There are 52 weeks in a year. If she takes 3 weeks of vacation, the number of working weeks is $52 - 3=49$ weeks.
Step4: Calculate annual earnings
Annual earnings = Weekly earnings × Number of working weeks. So, $630\times49 = 30870$.
Step5: Calculate vacation pay
First, find her total regular salary for the year without vacation pay which is $630\times52=32760$. Vacation pay is 4% of regular salary (assuming less than 5 years of employment). So, vacation pay = $0.04\times32760 = 1310.4$.
Answer:
a) $630 b) $2520 c) $30870 Vacation pay: $1310.4