Answer:
B. $35.50/hr and \$6,079.38 in total income
Step-by-step explanation:
Given the following :
Total regular pay earning for the year = $73,840
Let basic salary = b
Overtime = 1.5b
Regular earning per week :
Regular year earning / number of weeks per year
$73840 / 52 = $1420
Regular hours = 40
Regular earning per week = $1420
Regular earning per hour = $1420 / 40
Regular earning per hour = $35.50
Number of overtime hours :
4 hours + 3.5hours = 7.5hours
Overtime pay per hour = 1.5 * regular earning
Overtime pay per hour = 1.5 * 35.5 = $53.25
Total overtime pay = Overtime pay per hour * Number of overtime hours
Total overtime pay = $53.25 * 7.5
Total overtime pay = 399.375
Total pay for the month :
160 regular hours + 7.5 overtime hours
(160 * 35.5) + $399.375
$5,680 + 399.375 = $6,079.375
= $6,079.38
