Answer:
Each employee worked for 8 regular hours and 2 overtime hours, so each employee worked for a total of 10 hours. The regular pay rate is $15.50 per hour, so each employee earned 8 hours x $15.50 = $124 for regular pay. For overtime pay, each employee worked for 2 hours x ($15.50 + $7.00) = $44 in total.
Explanation:
Therefore, each employee earned a total of $124 + $44 = $168.
Since there are 3 employees, the total amount that the company paid the employees is $168 x 3 = $504.
Therefore, the company paid a total of $504 to its employees.