Final answer:
The overtime earnings per bi-weekly paycheck for someone with an hourly wage of $16.75 and working 46 hours per week is $301.56. The annual salary, including overtime, is $42,680.56.
Step-by-step explanation:
To calculate the overtime earnings per paycheck for someone working 46 hours a week at $16.75/hour, we first need to determine the number of overtime hours worked in a bi-weekly period. In the United States, it is generally assumed that full-time work is 40 hours a week, so working 46 hours means 6 hours of overtime each week. Over a bi-weekly period, this totals 12 hours of overtime. Overtime pay is typically 1.5 times the regular pay, so that would be $16.75 * 1.5 = $25.125 (or $25.13 rounded to the nearest cent) per hour for overtime. The total overtime pay every paycheck would then be 12 hours * $25.13 = $301.56.
To determine the annual salary, we calculate the regular pay for 40 hours a week and the overtime pay for 6 hours a week, then sum those and multiply by 52 (the number of weeks in a year). Regular weekly pay is 40 hours * $16.75 = $670. Adding the weekly overtime pay of 6 hours * $25.13 = $150.78 gives us a total weekly earnings of $670 + $150.78 = $820.78. The annual salary is then $820.78 * 52 = $42,680.56.