Question

For the third week of april, amy wood worked 50.50 hours. amy earns $14.20 an hour. her employer pays overtime for all hours worked in excess of 40 hours per week and pays 1.5 times the hourly rate for overtime hours. calculate the following for the third week of april (round your responses to the nearest cent if necessary):

Answer 1

To calculate Amy Wood's earnings for the third week of April, subtract the regular hours from the total hours to get the overtime hours. Then, multiply the regular hours by the hourly rate and the overtime hours by 1.5 times the hourly rate. Finally, add the regular earnings and the overtime earnings to get the total earnings for the week.

Step-by-step explanation:

To calculate Amy Wood's earnings for the third week of April, we need to determine her regular hours and overtime hours.

1. First, we subtract the regular hours (40 hours) from the total hours worked (50.50 hours) to get the overtime hours: 50.50 - 40 = 10.50 hours.
2. Next, we calculate the total earnings for the regular hours by multiplying the regular hours (40 hours) by Amy's hourly rate ($14.20): 40 * $14.20 = $568.00.
3. For the overtime hours, we multiply the overtime hours (10.50 hours) by 1.5 times Amy's hourly rate ($14.20) to get the overtime earnings: 10.50 * 1.5 * $14.20 = $224.85.
4. Finally, we add the regular earnings ($568.00) and overtime earnings ($224.85) to get the total earnings for the third week of April: $568.00 + $224.85 = $792.85.

Therefore, Amy Wood earned $792.85 for the third week of April.