Question

Steve is paid overtime for all time worked past 40 hours in a week. His regular-time pay rate is $12 an hour, and his overtime pay rate is $18 an hour. Last week Steve worked 47.3 hours.

Answer 1

Last week's total salary was $611.40

Explanation:

47.3 hours - 40 hours = 7.3 hours

He worked 40 hours at $12/hour of regular pay rate.

He worked and additional 7.3 hours at $18/hour of overtime pay rate.

40 hours × $12/hour + 7.3 hours × $18/hour =

= $480 + $131.40

= $611.40