Question

Mike likes to work overtime because he earns time and a half (1 ½ times) his normal wage. Mike earns

$15.50 per hour. If Mike earns overtime pay for every hour over 40 per week, how much does he earn
in a 54 hour week?"

Answer 1

Mike earns a total of $945.50 in a 54 hour week, by earning his normal wage for the first 40 hours and time and a half for the 14 overtime hours.

Step-by-step explanation:

To calculate the amount Mike earns in a 54 hour week, we need to separate his normal hours from his overtime hours. Mike earns a regular wage of $15.50 per hour for the first 40 hours, and then earns time and a half for the additional hours over 40.

First, let's calculate his earnings for the regular 40 hours:
Normal Earnings = 40 hours × $15.50/hour

= $620

Next, we calculate the overtime earnings. Mike works 54 hours, so he has 54 - 40 = 14 overtime hours.
Overtime Earnings = 14 hours × ($15.50/hour × 1.5)

= 14 hours × $23.25/hour

= $325.50

Now, we add both to find the total:
Total Earnings = Normal Earnings + Overtime Earnings

= $620 + $325.50

= $945.50

So, Mike will earn $945.50 in a 54 hour week.