sheldon works in a retail company and earns a base salary of $4,000 per month. at the end of the quarter, he…

sheldon works in a retail company and earns a base salary of $4,000 per month. at the end of the quarter, he received a bonus equivalent to 15% of his three - month salary. in the same month, he worked 15 hours of overtime at $25 per hour. how much did sheldon earn in total for that month, including his base salary, quarter bonus, and overtime? $6,175 $5,125 $5,375 $7,000

sheldon works in a retail company and earns a base salary of $4,000 per month. at the end of the quarter, he received a bonus equivalent to 15% of his three - month salary. in the same month, he worked 15 hours of overtime at $25 per hour. how much did sheldon earn in total for that month, including his base salary, quarter bonus, and overtime? $6,175 $5,125 $5,375 $7,000

Answer

Explanation:

Step1: Calculate the quarterly - bonus

The base salary is $4000 per month. The three - month salary is $4000\times3 = 12000$. The bonus is 15% of the three - month salary, so the bonus amount is $0.15\times12000=1800$. The monthly portion of the bonus is $\frac{1800}{3}=600$.

Step2: Calculate the overtime pay

He worked 15 hours of overtime at $25 per hour. So the overtime pay is $15\times25 = 375$.

Step3: Calculate the total monthly earnings

The base salary is $4000 per month. The total monthly earnings is the sum of the base salary, the monthly portion of the bonus, and the overtime pay, which is $4000 + 600+375=4975 + 1200=6175$.

Answer:

$6,175$