Final answer:
Colby, a Farrier, worked 46 hours with an hourly wage of $18.25 and overtime pay at time and a half for hours beyond the standard 40-hour workweek. He earned regular pay for the first 40 hours and overtime pay for the additional 6 hours. Colby's total earnings were $894.25 for the week.
Step-by-step explanation:
The question involves calculating the earnings of Colby, who works as a Farrier and earns an hourly wage, with overtime pay for any hours worked beyond a regular 40-hour workweek. Since he worked 46 hours last week and his regular rate is $18.25 per hour, Colby's regular pay for the 40-hour workweek is 40 hours times $18.25. For the remaining 6 hours, he gets paid time and a half, which is 1.5 times his regular hourly rate. Therefore, Colby's overtime pay is 6 hours times ($18.25 times 1.5). To find out how much Colby earned this week, we added his regular pay and his overtime pay together.
Regular Pay: 40 hours × $18.25 = $730
Overtime Pay: 6 hours × ($18.25 × 1.5) = 6 × $27.375 = $164.25
Total Earnings: $730 + $164.25 = $894.25
Therefore, Colby earned a total of $894.25 for the 46 hours of work he completed last week.