74.3k views
25 votes
Charles Joyner earns a biweekly wage of $2,470. During the most recent week, he worked 45 hours. Regular Wage Rate = $ Overtime Wage Rate = $

User Galengodis
by
4.3k points

1 Answer

11 votes

Answer:

wage rate = $27.44

Overtime Wage Rate = $68.6

Explanation:

given data

biweekly wage = $2,470

work = 45 hours

solution

we know that here No of Days in a Biwek is 14 day and No of Hour Worked in one week is 45 Hour

so that we can say No of Hour Worked 2 week = 90 hours

so

we get here first regular wage rate that is

wage rate = Total biweekly wages ÷ No. of Hour worked in a biweek

wage rate =
(2470)/(90)

wage rate = $27.44

and

Overtime Wage Rate will be

as overtime hour = 45 hour - 40 hour = 5 hours

Overtime Wage Rate = regular rate × overtime hour ÷ 2

Overtime Wage Rate = 27.44 × 5 ÷ 2

Overtime Wage Rate = $68.6

User Greenhorn
by
4.7k points