You are paid $5.75/hr at your part-time job delivering pizzas. You usually earn $1.50/pizza as a tip. Your deductions are FICA (7.65%), federal (11.2%) and state (7.1%) If you work 10 hours and deliver 3 pizzas/hr what is your gross pay including tips?
Gross pay is the total amount of money an employee receives before taxes and deductions are taken out.
($5.75 * 10) + ($1.50 * 3) = ?
gross pay = 10(5.75 + 3*1.50) = ____
Gross pay= $102.50
To calculate your gross pay, we need to consider your hourly wage, the number of hours worked, and the tips earned.
First, let's calculate your base earnings from your hourly wage. Multiply your hourly wage of $5.75 by the number of hours worked, which is 10:
Base earnings = $5.75/hr * 10 hrs = $57.50
Next, let's calculate your tip earnings. Multiply your average tips per pizza, which is $1.50, by the number of pizzas delivered per hour, which is 3:
Tip earnings per hour = $1.50/pizza * 3 pizzas/hr = $4.50/hr
To find the tips earned for the entire shift, multiply the hourly tip earnings by the number of hours worked:
Tip earnings = $4.50/hr * 10 hrs = $45.00
Now, let's calculate your gross pay by adding your base earnings and tip earnings:
Gross pay = Base earnings + Tip earnings
Gross pay = $57.50 + $45.00 = $102.50
Therefore, your gross pay, including tips, is $102.50.