gross pay - total deductions - net pay - 3. tom worked 44 hours in a week at $15/hour. (overtime is paid at…

gross pay - total deductions - net pay - 3. tom worked 44 hours in a week at $15/hour. (overtime is paid at 1.5x the regular rate for hours over 40). his deductions are: $100 income - tax, $35 cpp, and $20 ei. regular pay - overtime pay - gross pay - total deductions - net pay - 4. fill in the missing values: employee hours worked rate of pay gross pay deductions net pay sarah 38 $17/hr liam 40 $22/hr $180 chloe 36 $20/hr $210 $190 challenge question: emma’s net pay is $560. her total deductions were $140. what was her gross pay? show your work. bonus: why is it important to understand the difference between gross pay and net pay in real life?

gross pay - total deductions - net pay - 3. tom worked 44 hours in a week at $15/hour. (overtime is paid at 1.5x the regular rate for hours over 40). his deductions are: $100 income - tax, $35 cpp, and $20 ei. regular pay - overtime pay - gross pay - total deductions - net pay - 4. fill in the missing values: employee hours worked rate of pay gross pay deductions net pay sarah 38 $17/hr liam 40 $22/hr $180 chloe 36 $20/hr $210 $190 challenge question: emma’s net pay is $560. her total deductions were $140. what was her gross pay? show your work. bonus: why is it important to understand the difference between gross pay and net pay in real life?

Answer

Explanation:

Step1: Calculate Tom's regular pay

Regular pay is for 40 hours at $15 per hour. So, Regular Pay = $40\times15 = 600$.

Step2: Calculate Tom's overtime pay

Tom worked 44 - 40 = 4 overtime hours. Overtime rate is $15\times1.5=22.5$ per hour. Overtime Pay = $4\times22.5 = 90$.

Step3: Calculate Tom's gross pay

Gross Pay = Regular Pay+Overtime Pay. So, Gross Pay = $600 + 90=690$.

Step4: Calculate Tom's total deductions

Total Deductions = $100 + 35+20=155$.

Step5: Calculate Tom's net pay

Net Pay = Gross Pay - Total Deductions. So, Net Pay = $690-155 = 535$.

For Sarah: Gross Pay = $38\times17=646$, Net Pay = $646 - 180=466$.

For Liam: Gross Pay = $40\times22 = 880$, Net Pay = $880 - 210=670$.

For Chloe: Gross Pay = $36\times20=720$, Net Pay = $720 - 190 = 530$.

For Emma:

Step1: Use the formula for net pay

We know that Net Pay=Gross Pay - Total Deductions. Rearranging for Gross Pay gives Gross Pay = Net Pay+Total Deductions.

Step2: Calculate Emma's gross pay

Gross Pay = $560+140 = 700$.

Answer:

Tom: Regular Pay = $600 Overtime Pay = $90 Gross Pay = $690 Total Deductions = $155 Net Pay = $535

Sarah: Gross Pay = $646 Net Pay = $466

Liam: Gross Pay = $880 Net Pay = $670

Chloe: Gross Pay = $720 Net Pay = $530

Emma: Gross Pay = $700