QUESTION 1 St Georges Company, manufactures industrial valves. It is engaged in interstate commerce and
has an annual cedi volume of sales of GH10,000,000. The company employs 1,000 people: 900
wage- and 100 salary-based employees. In 2009 the company paid a minimum wage of
GH¢7.25). For work over 40 hours a week (1.e, over 8 hours in any weekday), the company paid
one-half times the regular rate. The company also paid twice the regular rate for work on
weekends (Saturdays, Sundays) and holidays. Let us assume John Smith, an assembly-line
mechanic, worked the following hours during the week of January 23, 2009:
1) 40 regular time hours;
2) 8 overtime hours; and
3) 8 weekend-holiday hours.
Required
Calculate Smith's wage.