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insens350 [35]
2 years ago
7

Luis makes $23. 10 per hour at his job for the first 40 hours he works each week. If he works more than 40 hours, then Luis make

s $34. 65 per hour. If Luis works 46 hours in one week, how much does he earn? a. $1,062. 60 b. $1,097. 25 c. $1,131. 90 d. $1,593. 90.
Business
1 answer:
morpeh [17]2 years ago
4 0

The correct statement will be that Luis earns $1131.90 in each week if he works for more than 46 hours at the standard rates of the salary. So, the correct option is C.

The amount can be calculated by the summation of the first 40 hours at the normal rate of salary and the next 6 hours at the increased rate of salary as given in the example above.

  • Hourly pay is the rate of salary where the salary is not determined upon the work done in number of hours and does not get determined on the performance during such hours of service.

  • We can calculate the rate of salary as using the calculations below,

  • \rm Salary\ for\ First\ 40\ Hours= 40\ x\ \$23.10\\\\\\\rm Salary\ for\ First\ 40\ Hours=\$924

  • Now calculating the salary for the additional 6 hours worked at the newer rate as below using the similar formula,

  • \rm Salary\ for\ First\ 40\ Hours=6\ x\ \$34.65\\\\\\\rm Salary\ for\ First\ 40\ Hours= \$207.90

  • We have the values of salaries of both such hours. Now doing the summation of both the salaries we get,

  • \rm Total\ Salary= \rm Salary\ for\ First\ 40\ Hours+\rm Salary\ for\ 6\ Hours\\\\\\\rm Total\ Salary= \$924+ \$207.90\\\\\\\rm Total\ Salary= \$1131.90

  • It is obtained that Luis earned $1131.90 for the week at the different rates of hourly pays as provided.

Hence, the correct option is C that Luis has earned $1131.90 by working 46 hours in a week.

To know more about hourly pay, click the link below.

brainly.com/question/13945697

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                                                                                             Units

Budgeted     units                                                               375

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Volume variance                                                                  20

Standard fixed overhead cost                                        <u>× $66 </u>

Volume variance                                                              <u>  $1,320   Favorable</u>

                       

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