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FPC Chapter 2.1 (1)

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Exam of 2 pages for the course Imse 250 at Imse 250 (FPC Chapter 2.1 (1))

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  • July 16, 2024
  • 2
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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FPC Chapter 2.1
Under the FLSA, calculate a nonexempt employee's regular rate of pay for a workweek
when the employee is paid $3.00 for each item produced, produces 200 items, and
works 45 hours. - ANS-$13.33

$3.00 * 200 = $600.00
600.00/ 45 = $13.33

Under the FLSA, calculate the regular rate of pay for a nonexempt employee who works
30 hours at $10.00 per hour and 20 hours at $15.00 per hour in a workweek. -
ANS-$12.00

30 * 10.00 = 300.00
20 * 15.00 = 300.00
300.00 + 300.00 = 600.00
30 + 20 = 50
600. = 12.00

A waitperson declares $175.00 in tips this week and as a full-time employee, often
works overtime. Can the employer take the tip credit on the overtime hours?

A. Yes, the tip credit applies to all hours worked
B. Yes, if the federal minimum wage is greater than the state minimum wage
C. No, the FLSA does not provide for time and one-half on tips
D. Yes, if the state minimum wage is greater than the federal minimum wage - ANS-A.
Yes, the tip credit applies to all hours worked

Under the FLSA, when an employee is paid more than one rate of pay during a
workweek, what is the employee's regular rate of pay?

A. The weighted average of the rates based on the hours worked
B. The average of the pay rates
C. The highest pay rate
D. The lowest pay rate - ANS-A. The weighted average of the rates based on the hours
worked

***A nonexempt employee's gross pay is based on the number of hours worked and the
pay rates for the hours the employee works.***

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